The rise in the prices of natural gas and oil will inevitably push up the price of central heating and hot water, Ivan Ivanov, chairman of the Energy and Water Regulatory Commission stated.
Adding to this the dramatic rise in the price of carbon emissions, prices are going to go up considerably. In connection with this, the energy watchdog is proposing a rise in the price of thermal energy by an average of 10%, for Sofia – 14%. The final decision will be announced on 1 July, as will whether the price of electricity will go up by more than the planned 3%.
To keep TPP Maritsa-Iztok 2 functioning, a decision is expected allowing the thermal power station to sell a certain amount of its expensive electric energy on the regulated market.
The National Assembly has rejected President Rumen Radev's veto on changes to the State Intelligence Agency Act (SIA) and the State Agency Technical Operations (SATO) Act, according to BNR reporter Maria Fileva. The changes strip the president of the..
Bulgaria wants to continue investing in nuclear energy after more than 50 years of experience in the sector, Energy Minister Zhecho Stankov said on Wednesday. About 70% of Bulgarians support the move, Stankov told a Bulgarian-Korean energy..
The Russian oil company Lukoil has announced that it has accepted an offer from the Swiss Gunvor Group to acquire the international assets of LUKOIL International GmbH . Lukoil's subsidiary owns all of the group's assets abroad. Lukoil has..
It is theoretically possible that Bulgaria could apply for a third payment under the Recovery and Resilience Plan by the end of 2025,..
With the blessing of the Holy Synod of the Bulgarian Orthodox Church, a mobile application for believers has been available on the..
For a month after the start of the implementation of average speed control on 12 road sections in the country, 33,288 files with..
Cloudy
Mostly Cloudy
Overcast, rain
Partly cloudy, chance of rain