The forthcoming market union with Romania will not have a significant impact on electricity prices. This is what CEO of the Independent Bulgarian Energy Exchange Konstantin Konstantinov said. Speaking to the parliamentary committee, discussing the high electricity prices on the stock exchange, Konstantinov said: "The market union with Greece, as well as any other market union does not affect prices. Therefore, we should not expect any miracles from the market union with Romania ".
Answering criticism that this country exported its cheap energy and sold expensive electricity on the Bulgarian market, the executive director of the Bulgarian Energy Holding Valentin Nikolov replied: "We are satisfying a deficit in the region, not in Bulgaria. There is no deficit in Bulgaria. Things do not look bright in the region in terms of prices, unless new power plants are built."
President Rumen Radev has vetoed the legislative amendments related to the appointment of a special commercial administrator in the Lukoil refinery in Burgas. The head of state said that the amendments undermine the legal order in..
"As of today, there will be no acting mayor of Varna and the position will be held by the legally elected mayor Blagomir Kotsev," said deputy Pavel Popov at a press conference. According to him, Kotsev will fulfill his duties and the..
The National Assembly has established a National Decarbonization Fund after adopting amendments to the Energy Efficiency Act. The new structure will support households for energy efficiency measures. It is being established after..
On Wednesday, minimum temperatures will range from 4 to 9°C across the country, reaching around 2°C in Sofia. The wind will ease and fog will settle in..
The amount of the average social security income for the country for September 2025 is 962.25 EUR and the amount of the average monthly social security..
Bulgaria’s Energy Minister, Zhecho Stankov, has reassured citizens and businesses that the country’s fuel supplies are sufficient to last for an extended..
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