The price of natural gas will go down by about 11%, and in January its selling price is expected to drop below EUR 37 per MWh. This was announced at an open sitting of the energy watchdog, the Energy and Water Regulatory Commission (EWRC), which discussed the new prices proposed by Bulgargas. The Commission’s chairman Ivan Ivanov said this was good news for consumers, but also for the district heating companies, because there will be no need for the prices of central heating and hot water to be reviewed in the middle of heating season. “Even though we are in mid-winter, when it is normal for the price of natural gas to go up on power exchanges, this year, because of the comparatively mild weather on the one hand, and on the other, because the gas storage facilities are full throughout Europe, the price on the international exchanges will go down,” said Energy and Water Regulatory Commission chairman Ivan Ivanov. The definitive decision on what the price of gas will be for next month will be made on 1 January, 2024.
The European Commission has called on Bulgaria and 25 other EU countries to introduce a fast-track approval procedure for renewable energy projects. The new rules should have been in place by 1 July this year. The EC has launched infringement..
"Stolichen Avtotransport's accounts have been frozen since yesterday, according to mayor Vasil Terziev. He warned that if the company ceased operations, Sofia would be left without public transport. "Deputy Mayor for Finance Ivan Vasilev, like the..
The National Assembly has rejected in first reading the five proposed amendments to the Child Protection Act . The most controversial proposals relate to gender reassignment for children under the age of 18. The bill by "There Is Such a People" (ITN)..
The first coordination meeting with the participation of all structures involved in the contract for the acquisition of Stryker combat vehicles for the..
Friday will be sunny and temperatures will rise during the day to reach 28-33°C, 29°C in the capital. Lows will be between 11 and 16°C, 11°C in Sofia...
Bulgaria supports the United Nations' mission of having humanity's future shaped by development policies and not by military conflicts, President Rumen..
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