''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 annual growth of incomes outpaced that of expenses in 2024. According to data from the National Statistical Institute, in 2024 the average annual total income per household member in Bulgaria reached 12,857 BGN (6,573.68 EUR) and increased by 18.5%..
The pig meat sector in Bulgaria is showing signs of growth. This was announced at the International Forum "Modern Trends in Pig Farming: Scientific, Market and Regulatory Aspects", held today in Stara Zagora. It was highlighted that 53% of the..
The total output at basic prices from the agriculture sector in 2024 amounts to €4,970.1 million, which is 7.9% less compared to the previous year. This decline is due to two main factors: a 3.2% decrease in the quantity of agricultural..
Mostly Cloudy
Partly cloudy, chance of rain
Overcast, rain