[en] The case of early termination of the operation of units 1 - 4 in NPP 'Kozloduy' would have a considerable impact on the greenhouse gas (GHG) emissions because in the structure of the electricity production the nuclear power plant occupies over 40%. Due to decrease of the share of the nuclear energy in the electricity production the share of the solid and gaseous fuels increases. They are a considerable source of GHG. Three scenarios for the development of the electric power sector until year 2015 have been studied for the case of early termination of the operation of units 1 - 4 in NPP: Scenario 1: Early termination of the operation of units 1 - 4 according to terms pointed out by the EU. Scenario 2: Decommissioning of units 1 - 4 according to term in the project design. Scenario 3: Early termination of the operation of units 1 - 2 according to terms pointed out by the EU and decommissioning of units 3 - 4 according to terms in the project design. Comparative calculations have been performed for the forecasted GHG emission quantities in the first commitment period of the Kyoto Protocol (2008 - 2012). The potential for possible quantities of GHG emissions that could be traded during the entire five-year period are estimated. At minimum possible price of the emissions 5 $US/tCO₂ the annual income will be at least 100 - 130 mill $US. The realistic estimation regarding the omitted benefits due to early termination of the operation of units 1 - 4 is about 900 mill $US for the five year period of Kyoto. The continued operation of units 3 - 4 to the end of the term defined in the project design could make it possible to fulfill an income of 700 mill to 1 billion $US from emission trading