Electricity production in Bulgaria has decreases by over 15%, as the decrease in hydroelectric power plants is about 50%. Many manufacturers are planning repairs, which will strengthen Bulgaria's new profile as a net electricity importer. From the beginning of the year to February 2, this country imported 570 684 MWh, which is 108.21% more than in the same period last year. On the other hand, electricity exports fell by about 33.67% compared to January 2019 to 507 749 mWh. This shows that because of high market prices it is cheaper for Bulgarian companies to buy electricity from abroad. For example, the price of electricity on the day-ahead market of the Bulgarian Independent Energy Exchange on February 4 is 43.25 EUR/mWh, while in Germany and France it is sold for about 28 EUR/mWh, capital.bg points out.
Household electricity prices will not go up with the planned liberalization of the electricity market for household consumers as of 1 July this year, Energy Minister Zhecho Stankov said in an interview with the BNR. Bills will not go up with the..
Twenty-five children and young people who survived kidnapping by the terrorists from Hamas in the tunnels under Gaza, or whose parents are still held hostage by Hamas, were gifted a 10-day ski vacation in Bulgaria’s winter resort of Bansko by the..
In the divisive times we are living in it is more important than ever to unite and support one another, said President Rumen Radev at last night’s official iftar dinner in Sofia marking the beginning of Ramadan, the holy month for Muslims. In his..
Household electricity prices will not go up with the planned liberalization of the electricity market for household consumers as of 1 July this year,..
Sunday will be cloudy. A cold atmospheric front from the west will bring rainfalls. In the western mountainous regions of Bulgaria,..
On the day of the third boycott of large retail chains their turnover increased by over 1 million euros, according to data from the..
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