President Radev Meets EU Ambassadors to Discuss Regional Security and EU Strategy
Bulgarian President Rumen Radev met with EU ambassadors at the Danish Embassy on December 4 to discuss pressing challenges facing the European Union
The Members of the Bulgarian Parliament passed at first reading Friday amendments to the Renewable Energy Sources Act. File photo
The Members of the Bulgarian Parliament passed at first reading Friday amendments to the Renewable Energy Sources Act.
The amendments provide for eliminating the so-called "green surcharge" for transit, which is supposed to recover the export of electric energy in a very short timeframe.
The other amendment pertains to allowing State bodies to use the funds accumulated through the sale of "green certificates" to compensate costs of renewable energy sources.
All 84 MPs present voted for the draft bill. The MPs from the formerly-ruling Citizens for European Development of Bulgaria party, GERB, are not attending the sessions of the Parliament on the decision of their leader and former Prime Minister, Boyko Borisov.
A new contract tied to the future construction of Kozloduy NPP’s seventh and eighth units was signed at the Council of Ministers between Kozloduy NPP–New Power Plants and the LEP-BWXT-CNPSA consortium
The Energy and Water Regulatory Commission has set the price of natural gas for December at 63.01 BGN per MWh, equivalent to 32.22 EUR per MWh
The Municipality of Gotse Delchev has approved one of the largest infrastructure projects in the region, granting unanimous consent to a cooperation agreement with the Swiss company
Turkey’s state-run energy company Botas reported a record loss of USD 1 billion (around 1.85 billion BGN) in 2024
Dimitar Georgiev, a Bulgarian financier and international markets analyst, stated that he does not anticipate any further increase in fuel prices in the country
Vladislav Panev, from the “Acceleration” Club and a former MP with the “Green Movement,” described the appointment of Rumen Spetsov as a special manager of Lukoil Bulgaria as surprising
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