Bulgaria’s First Municipalities Introduce Dual Currency Pricing Ahead of Eurozone Entry
The municipal councils in Kozloduy and Krivodol have become the first in Bulgaria to implement dual pricing for municipal services, taxes, and fees
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.
Ukraine's parliament, the Verkhovna Rada, has passed a law allowing the purchase of two Russian-made nuclear reactors originally intended for Bulgaria's Belene Nuclear Power Plant
Ukraine's parliament has given the green light for the acquisition of two nuclear reactors initially intended for Bulgaria's Belene Nuclear Power Plant (NPP)
For the ninth consecutive year (excluding 2022), the electrical industry remains the largest contributor to Bulgaria's exports, as reported by the Bulgarian Association of Electrical Engineering and Electronics (BASEL)
European natural gas prices have climbed above €55 per megawatt-hour for the first time in 16 months, driven by colder temperatures across the continent that are increasing demand for heating fuel
Serbian oil and gas company NIS, controlled by Russia’s Gazprom, is considering exiting its operations in Bulgaria and Romania due to ongoing difficulties in both markets
The Russian company Lukoil initiated the process of selling its Bulgarian assets in June last year, Prime Minister Rosen Zhelyazkov announced during a parliamentary hearing
Bulgaria's Perperikon: A European Counterpart to Peru's Machu Picchu
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