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.
Caretaker Minister of Energy Vladimir Malinov has started another round of renegotiation of the agreement with the Turkish gas transmission operator BOTAŞ. On Wednesday, he met with his Turkish counterpart Alparslan Bayraktar in Istanbul. On..
Without discussion and debates, the parliament adopted conclusively the Law on the Introduction of the Euro in Bulgaria. 167 MP from GERB-SDS, the Movement for Rights and Freedoms (DPS) and We Continue the Change-Democratic Bulgaria voted in..
Paul Cameron from London has turned out to be the one millionth passenger for 2024 at Burgas Airport, and his landing turned into a real celebration, BNT reported. He and his wife Cindy arrived on a charter flight from Gatwick Airport and were..
Bulgarian head of state Rumen Radev has met in the presidency with David Wright - commissioner of the US Nuclear Regulation Commission, who is on a..
Without discussion and debates, the parliament adopted conclusively the Law on the Introduction of the Euro in Bulgaria. 167 MP from GERB-SDS, the..
Consumer confidence rose by 5.6 points in July, according to a survey by the National Institute of Statistics. According to consumers, the general..
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