Will Bulgaria Have a Stable Government After Yet Another Election in June? Our Readers Have Spoken
On our Facebook page, readers were asked about Bulgaria's stability after the June elections
The cost of the second Bulgarian Nuclear Power Plant in the Danube town of Belene, if the project is realized, will end up being over EUR 11.5 B, according to a report of the Institute for Market Economy.
The report was presented in the Parliament Wednesday by the Institute's Director, Krasen Stanchev.
The cost is twice higher than the initially announced one, while the price of the electric power would be nearly 3 times more and 50% up for the end consumer. According to estimates, an average Bulgarian household will pay EUR 4 200 for the construction of Belene.
"We truly see the NPP as Russia's Trojan Horse and it would take over the Bulgarian energy sector in the form of loans impossible to repay, while the Bulgarian Energy Holding will become the guarantor of such loans," the leader of the right-wing Union of Democratic Forces (UDF) party, Martin Dimitrov, said and appealed to Prime Minister, Boyko Borisov, to not sign any documents related to the building of the plant, especially before the new European Union safety rules are established.
In the Institute's analysis, the prices of insurance, infrastructure, processing of the used fuel, replacement power facilities and nuclear storage are added to the NPP cost of EUR 6.3 B.
Days ago, Economy and Energy Minister, Traicho Traikov, said the certain price of the NPP is about EUR 4 B while the Russian Atomstroyexport price is over EUR 6.3 B.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel
Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas"
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022