IAEA Director General Warns of Imminent Nuclear Catastrophe
The head of the International Atomic Energy Agency (IAEA), Rafael Grossi, has issued a dire warning, stating that the world is teetering on the brink of a "nuclear catastrophe"
Bulgarian Energy Minister Temenuzhka Petkova has made clear her country is only ready to pursue the development of new nuclear capacities on certain conditions.
At an international energy conference in Varna, she has pointed out the state cannot be involved as an investor as it is seeking to keep public finance in good shape.
Petkova has added a future expansion of capacities should not be to the detriment of other plans such the extension of life of units 5 and 6 at the Kozloduy Nuclear Power Plant, according to daily 24 Chasa.
Bulgaria had been seeking to build a new unit - No 7 - at Kozloduy NPP, with Westinghouse Electric Company picked fo the task, until Prime Minister Boyko Borisov announced the state cannot enter the project as a strategic investor as the intial plan envisaged. Last year he urged the company to return to Bulgaria, complying with the government's new demands.
For the first time the annual forum is being attended by delegations from Iran and Egypt.
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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