The cost of completing the two units of the Belene Nuclear Power Plant will be between 8 and 9.5 billion euro, estimates by the Bulgarian Atomic Forum Bulatom show.
Almost 1.5 billion euro has so far been spent on the project. Bulatom has estimated that it will take around 15 years after the units are made operational for the investment to pay off, and that the price of the electricity it produces may be lower than the stock market price. If Belene NPP’s two units function at full capacity they will be able to produce an annual 16 million megawatt hours of electric energy.
According to Bulatom the project is economically sound as the units can function for at least another 45 years after the investment has paid off.
Sunday will be cloudy. A cold atmospheric front from the west will bring rainfalls. In the western mountainous regions of Bulgaria, the rain will be mixed with snow. The lowest temperatures will be between 2° and 7°C; in Sofia –..
At a ceremony in the presence of President Rumen Radev, the Bulgarian flag was raised on a 21-meter pylon in the Zvezdata area near Etropole. “Today, we all raise our voices that in a time of division for the world, we will..
A requiem liturgy has been served in the St. Nedelya cathedral on the occasion of the first anniversary of the death of Bulgarian Patriarch Neophyte. He became patriarch on February 24, 2013. “We know and remember Patriarch..
Foreign Minister Georg Georgiev today received at the Foreign Ministry Susan Falatko, who arrived in Sofia a few days ago as Charge d'Affaires of the U.S...
Friday will be mostly cloudy. Fog will cover the lowlands before midday. It will rain in some places, especially in southern Bulgaria. Minimum..
The Ministry of Foreign Affairs has advised Bulgarian citizens to avoid traveling to Greece because of a planned national strike today. The Foreign Ministry..
Scattered showers
Cloudy