Bulgaria to Take Part in Drone Production for European Market Under Ukraine Deal
Bulgaria and Ukraine have agreed on a long-term framework for security cooperation, including joint development and production of unmanned aerial vehicles
HOT: » Which party would you vote for (if you could) in the upcoming snap vote in Bulgaria on April 19?
The Minister of Economy and Energy, Traicho Traikov, attended the setting of the production record at Bulgaria's sole nuclear power plant, Kozloduy. Photo by BGNES
Bulgaria's sole Nuclear Power Plant, Kozloduy, set a record Tuesday with its two working units (Unit 5 and Unit 6), producing the highest quantity of electricity in their history.
Shortly after 2 pm on Tuesday, the best result since 2008, when the annual production reached 15.765 billion kWh, was surpassed, announced the Ministry of Economy, Energy and Tourism.
The setting of the record was attended by the Minister of Economy and Energy, Traicho Traikov, the Chairman of the Nuclear Regulatory Agency, Sergey Tsochev, and the CEOs of the National Electricity Company (NEK) - Michael Andonov, of the Electricity System Operator, Ivan Yotov and of Maritza East Mines - Evgeni Stoykov.
"NPP Kozloduy not only achieved the highest production results compared to all plants with such reactors, but it is among those with the lowest levels of safety incidents" said Traicho Traikov.
In his words, Kozloduy has the best indicators of effective performance and safety level.
"Of all priorities of nuclear energy, for us safety comes first, and when we are certain that it is observed, only then we focus on economic performance," the Minister stressed.
By the end of the year over 500 kWh are expected to be produced, and the total will be close to 1 billion kWh more than what was produced in 2010, specified the Ministry.
According to Traikov this means an additional EUR 73 M.
"For me, these results indicate that people here work competently – both the leadership and the entire team fulfill successfully their duties. From my perspective, they have the capacity to handle Unit 7 as well, and this is the direction of our work now," said Traikov.
The Minister stressed that NPP Kozloduy continues to be a major pillar of the Bulgarian energy sector and the continuing resource of Units 5 and 6 is top priority. He explained the plans were to increase the power of the two reactors with another 100 MW by the end of 2013.
Bulgaria’s fuel market has recorded a sharp upward shift since the outbreak of the war in Iran, with diesel and petrol prices rising significantly across the country
The second exploration drilling in the Krum-1 area of the Khan Asparuh block in Bulgaria’s Black Sea has also failed to identify commercially significant natural gas deposits, according to OMV Petrom
The Ombudswoman institution has voiced strong opposition to the proposed increase in heating prices in Sofia, which is expected to approach nearly 30 percent
The Energy and Water Regulatory Commission (EWRC) in Bulgaria has set the price of natural gas for April 2026 at 34.27 euros per megawatt-hour, excluding access, transmission, excise duties and VAT
Fuel prices in Bulgaria have recorded a sharp upward movement over the past month, with diesel showing the most significant increase, according to data from the Fuelo platform
Bulgargaz has defended its previously submitted proposal for a 5% rise in natural gas prices for April before the Energy and Water Regulatory Commission, with CEO Veselin Sinabov stressing that there is currently no justification for any further increases
Aniventure Comic Con Returns to Bulgaria with Star Guest Christopher Judge!
Global Fuel Shock: Oil Jumps Over 40% Since Iran War Began