Bulgarian Government to Give €20 Monthly Fuel Aid to Low-Income Car Owners
Bulgaria’s caretaker government is preparing financial assistance for low-income citizens as fuel prices continue to rise following the outbreak of war in the Middle East.
Kozloduy Nuclear Power Plant
The Nuclear Regulation Agency (NRA) has officially granted Kozloduy Nuclear Power Plant (NPP) a permit for the storage of fresh RWFA-type nuclear fuel produced by Westinghouse, according to an announcement on January 24. This development marks a crucial step in the plant's efforts to diversify its sources of nuclear fuel and enhance operational flexibility.
The permit issued by the NRA specifically covers the receipt and storage of fuel assemblies, with the use of US uranium contingent upon the completion of the ongoing licensing process. The authorization is a key milestone as Kozloduy NPP navigates its transition from Russian-supplied fuel to incorporating Westinghouse-produced nuclear fuel.
The urgency stems from the fact that the Russian fuel for Unit 5 is anticipated to run out in May. To ensure a seamless transition, the approval of fuel assemblies from Westinghouse is critical. The ongoing procedure for approval is well underway to meet the deadline, ensuring a continuous and reliable fuel supply for Unit 5.
While Russian fuel supplies continue for Unit 6, providing the plant with sufficient fresh fuel until 2033, the timeline underscores the importance of swift approval for the Westinghouse fuel. The flexibility to use the Russian fuel for Unit 5 remains, providing a fallback option if needed. However, deferring its use would necessitate a four-year waiting period before incorporating fuel from an alternative source.
Anticipated to commence in early April, the first deliveries of U.S. RWFA fuel are eagerly awaited. The Nuclear Regulation Agency (NRA) has expressed its commitment to expeditiously licensing the fuel, emphasizing that safety remains the top priority in this process.
Fuel prices at wholesale bases, which supply both gas stations and agricultural producers, continue to rise steadily, prompting increased activity at fuel outlets across Bulgaria
OMV Petrom has announced that it will join the consortium exploring the offshore Khan Tervel gas block in the Bulgarian sector of the Black Sea, marking a significant expansion of its footprint in a region of growing strategic importance for Europe’s ener
Fuel prices in Bulgaria have continued to rise sharply over the past week, according to data from the Fuelo platform, as reported by BTA.
In Bulgaria, energy experts are calling for greater transparency in fuel pricing, focusing on the role of Lukoil Neftochim, which dominates the country’s oil market
Bulgargaz has submitted a proposal to raise the price of natural gas by 5.12% for April. Should the Energy and Water Regulatory Commission (EWRC) approve the request, the commodity would be sold at EUR 34.27 per megawatt-hour, excluding additional costs f
The Fiscal Council has assessed that a 25% surge in global oil prices would constitute a moderate external shock for Bulgaria, primarily impacting the economy through higher energy import costs, rising inflation, and a potential slowdown in external deman
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