The cost of completing the two units of the Belene Nuclear Power Plant will be between 8 and 9.5 billion euro, estimates by the Bulgarian Atomic Forum Bulatom show.
Almost 1.5 billion euro has so far been spent on the project. Bulatom has estimated that it will take around 15 years after the units are made operational for the investment to pay off, and that the price of the electricity it produces may be lower than the stock market price. If Belene NPP’s two units function at full capacity they will be able to produce an annual 16 million megawatt hours of electric energy.
According to Bulatom the project is economically sound as the units can function for at least another 45 years after the investment has paid off.
A protest took place in Velingrad in support of the farmers whose flocks of sheep have been quarantined because of positive tests for sheep and goat plague. To stop the spread of the disease, access to the area around the farms has been..
Bulgaria will be given six months to carry out the necessary reforms connected with the liberalisation of the energy market , otherwise it stands to lose EUR 653 million which it should receive as a second payment under the Recovery and..
The second edition of the Festival of Apiculture Products continues in Pleven. The exposition features honey and apiculture products, as well as honey cosmetics. The initiative for the event belongs to the regional apiary union and the Pleven..
The average gross annual salary in Bulgaria in 2023 is 24,485 BGN (EUR 12,519) which is an increase of 15.3% compared to 2022, according to data from..
The due date for preventing the prospect of Borislav Sarafov taking the position of prosecutor general is drawing close, as is the deadline for..
During the night it will be cloudy with rainfalls in the western and central regions of Bulgaria, as snowfalls are possible in the..
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