''The price of electricity from Units 7 and 8 of the Kozloduy Nuclear Power Plant should not exceed EUR 65 per megawatt-hour, which is the average mix for electricity prices in the EU. The financial framework for the construction of Units 7 and 8 at Kozloduy NPP should not exceed 14 billion", Bulgaria’s Minister of Energy Rumen Radev said.
Minister Radev and US Assistant Secretary of Energy for International Affairs Andrew Light signed an intergovernmental agreement for cooperation on the project to build a nuclear capacity at Kozloduy NPP and for the exchange of technologies and training of specialists.The exact cost of the new units will be known by the end of March from the report prepared by the American company Westinghouse, whose reactors will be used for the future capacities. Minister Radev added that he expects the total cost of the two units to be below EUR 14 billion. The decision of the Bulgarian government is for the contract to include ''fixed deadlines and a fixed price''.
The government has submitted to Parliament a draft bill to amend and supplement the Law on the Introduction of the Euro in Bulgaria. The proposed changes aim to improve the regulatory framework related to the dual display of prices for goods and..
The ratio of government debt to gross domestic product (GDP) in EU countries rose to 81.8% at the end of the first quarter of 2025 , up from 81% at the end of the fourth quarter of 2024. This is according to the latest data published today by the European..
If they had the opportunity, 85 per cent of workers in thermal power plants and coal mines in the Stara Zagora, Pernik and Kyustendil regions would remain in the energy sector. These results are from a survey conducted by the Confederation of Independent..
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