Stability Reigns: Sofia Real Estate Market Thrives Despite Uncertain Times
The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
The Energy and Water Regulatory Commission will not allow a drastic increase in electricity, assured the head of the regulator Ivan Ivanov. He predicts that the 1 July increase will be within inflation - about 3.6%.
Yesterday, energy companies have requested an increase ranging from 2% for the day to over 50% of the night.
According to the announced proposals from yesterday for new electricity prices, the most drastic demand for CEZ subscribers - over 51% for the night rate and about 11% for the daily rate, for EVN - between 4% and 8%, and for Energo Pro on average about 3%.
Prices are also calculated for network services for electricity, which we also pay.
KEVR experts have about two months to assess if the arguments of the three energy companies are enough for the increase in the electricity prices.
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The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
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
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022