The rise in the prices of natural gas and oil will inevitably push up the price of central heating and hot water, Ivan Ivanov, chairman of the Energy and Water Regulatory Commission stated.
Adding to this the dramatic rise in the price of carbon emissions, prices are going to go up considerably. In connection with this, the energy watchdog is proposing a rise in the price of thermal energy by an average of 10%, for Sofia – 14%. The final decision will be announced on 1 July, as will whether the price of electricity will go up by more than the planned 3%.
To keep TPP Maritsa-Iztok 2 functioning, a decision is expected allowing the thermal power station to sell a certain amount of its expensive electric energy on the regulated market.
We are concerned about the escalating rhetoric coming from our neighbors in the Republic of North Macedonia, as it demonstrates a limited understanding of European processes and likely an attempt to avoid responsibility, Bulgaria’s Minister of Foreign..
Bulgaria and France will sign a framework agreement for the acquisition of new 3D radars for the Air Force. The project is important for the new Bulgarian F-16 fighter jets. Bulgaria has opted for European funding for the project because, in the..
Another Annual MacGahan Festival is behind us. Many thanks to everyone who came to celebrate his remarkable personality and character. Next year's 48th Festival will be on June 13, 2026. Please, mark your calendars, we hope to see more of you there,..
''The safe evacuation of Bulgarian citizens from the affected countries is a priority. Currently, there are Bulgarian nationals in Israel who must be..
Monthly inflation for May is 0.0%, while annual inflation is 3.7%, announced by the National Statistical Institute (NSI). Cumulative inflation, as..
Green Transition Forum 5.0 , dedicated to green innovation and sustainable development in Central and Eastern Europe, is taking place at Sofia Event..
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