Why Bulgaria is a Top Choice for New Businesses: Low Taxes and Qualified Labor
Bulgaria is emerging as a top destination for starting a new business, praised for its favorable conditions
Nuclear power plants in the EU produced about 26% of the total electricity generated in the Union in 2019, according to data from the specialized Eurostat survey.
Thirteen Member States, including Bulgaria, operated a total of 106 reactors, which generated 765,337 GW/h of electricity.
The largest producer of nuclear energy in the EU is France with a total volume of 399,011 GW/h, which is 52.1% of the total amount of nuclear energy produced within the Union.
Germany takes the second place with 75,071 GW/h, or 9.8% of the EU's total atomic mix, followed by Sweden (66,130 GW/h) and Spain (58,349 GW/h). These four countries together produce more than three-thirds of the total amount of nuclear energy in the EU.
Bulgaria ranks 8th with 16,555 GW/h, which accounts for 2.2% of the total volume of nuclear energy produced.
Our country is also overtaken by Belgium, which ranks 5th (43,523 MW/h), Czech Republic (30246 MW/h) and Finland (23,870 MW/h).
Behind us are Hungary, in 9th place (16,288 MW/h), Slovakia (15,282 MW/h), Romania (11,280 MW/h), Slovenia (5,821 MW/h) and the Netherlands (3,909 MW/h).
Since 2006, when gross production of 914,08 MW/h was recorded, electricity generated by NPPs has decreased by 16.3%, mainly due to the phased shutdown of nuclear reactors in Germany. The largest volume of 928,435 MW/h was produced in 2004, since Eurostat started recording these data in 1990.
Eleven EU Member States do not have a NPP: Denmark, Estonia, Ireland, Croatia, Italy, Cyprus, Lithuania, Luxembourg, Malta, Poland and Portugal.
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Starting in 2029, heating with wood and coal will be entirely banned in Sofia
In the coming two months, the company "Kozloduy NPP - New Powers" is set to finalize an engineering contract with a consortium comprised of South Korea's Hyundai Engineering and Construction and the American firm Westinghouse Electric Company.
Electricity prices in Bulgaria remain the highest in the region as August progresses
Ukraine remains committed to purchasing two Russian VVER(WWER-1000)-1000 nuclear reactors currently stored in Bulgaria
Turkey is set to export natural gas to Bulgaria under a new brand called "Turkish Blend", which will include a mixture of gas from various sources
The Bulgarian Council of Ministers has approved a Memorandum of Understanding with Smart Solar Technologies
Bulgaria Ranks Second in the Balkans at Paris 2024 Olympics, 26th Overall
Bulgaria Leads Europe in Heat-Related Deaths in Record-Breaking 2023