Bulgaria Denounces Russian Presidential Elections in Occupied Ukrainian Territories
Bulgaria has taken a firm stance against the recent Russian presidential elections held in the illegally occupied territories of Ukraine
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
Bulgaria and Macedonia are considering a move to couple their day-ahead electricity markets, energy news provider ICIS says.
Konstantin Konstantinov, CEO at the Independent Bulgarian Energy Exchange (IBEX), is quoted as saying he hopes to sign a preliminary contract with Macedonia by the beginning of February.
The latter country has no exchange of its own but is a contracting party of the Energy Community and has taken on the commitment to coupling its spot market with at least one neighbour by the middle of next year.
The Energy Community is an organization uniting the EU, Norway and several third countries in Eastern and Southeast Europe with the aim of extending the EU internal energy market.
According to ICIS, Macedonia's move means it may "most likely used IBEX's platform instead of opening its own separate exchange."
IBEX released last week a statement about Bulgarian and Macedonian energy representatives meeting in Sofia work a workshop to discuss possibilities to integrated the day-ahead markets.
The event, dated December 21, explored the move as a means to "increase cooperation at regional level and to deepen the energy market integration in the region of Southeast Europe."
Konstantinov also says trade will probably start after the winter supply crisis is over, with Bulgaria having halted electricity exports on Friday due to the harsh weather conditions.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
The Bulgarian Parliament has ratified the Agreement between the Government of the Republic of Bulgaria and the Government of the United States on cooperation regarding the construction of nuclear power at the Kozloduy Nuclear Power Plant
During a forum in Alexandroupolis, US Assistant Secretary of State for Energy, Jeffrey Payatt, highlighted the significance of a gas pipeline project through Bulgaria as the next pivotal step for energy development in the region
Prime Minister Nikolai Denkov addressed concerns over the long-term storage of nuclear waste during a parliamentary control session in Bulgaria today
Effective March 1, Bulgaria has officially halted the use and importation of Russian oil for fuel production, following a decision by the Parliament to drop the derogation
"Bulgargaz" suggests an 18% decrease in natural gas prices starting next month
In a recent report released by the Institute for Energy Economics and Financial Analysis (IEEFA) on Wednesday, it was revealed that demand for natural gas in Europe experienced a significant decline last year, dropping to its lowest level in a decade
Norwegian Inspiration: Bulgaria's Move Towards Environmentally Friendly Prisons
Nexo Is Suing Bulgaria For Over $3 Billion