"Bulgaria has a broader set of tools to address the energy crisis which has affected Europe. There are many thermal power plants in Bulgaria using local coal. The cost of electricity produced in coal-fired power stations is lower than the cost of electricity produced in gas-fired power plants", the newly-appointed Chairman of the Energy and Water Regulatory Commission (EWRC) Stanislav Todorov said for the BNR.
"Bulgaria does not have a strong incentive to raise electricity prices after the end of the moratorium on the prices of electricity for households, because there is no power shortage in the country", Stanislav Todorov pointed out. He added that the current energy crisis was caused by geopolitical factors. Trading the whole electricity on the day-ahead market in times of crises and uncertainty is wrong and this needs to be changed, the Chairman of the Energy and Water Regulatory Commission further said.
The Ministry of Innovation and Growth has presented the country’s first interactive investment map . The platform aims to provide Bulgarian and foreign investors with useful and up-to-date information in one place, making it easier for them to make..
The Bulgarian state-owed natural gas supplier Bulgargaz has proposed that the price of natural gas for November increases by around 8% to nearly 66 BGN per megawatt-hour, excluding fees and taxes, reported BNR's journalist Yuliana Kornazheva. The..
The growth of the national economy in the second quarter of 2025 accelerated by 3.5% on an annual basis. According to an analysis by the Bulgarian National Bank - BNB, the main factors for the acceleration are the decrease in imports..
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