Business » Energy

Energy Watchdog Chair – Further Postponement of New Power Prices Is Impossible

Ivan Ivanov, Chair of the Commission for Energy and Water Regulation (KEVR), has said that there is no option to further postpone the entry into force of new electricity prices.

Business » Energy | July 28, 2015, Tuesday // 13:52 | Viewed: 916

Bulgarian Employers, Trade Unions to Protest Planned Power Price Hike

More than 1000 firms will participate in a protest against the planned hike of electricity prices for businesses, which will take place in 28 Bulgarian cities on Wednesday.

Business » Energy | July 27, 2015, Monday // 17:17 | Viewed: 1639

EU Commissioner for Energy Union Maros Sefcovic to Visit Bulgaria on September 15

European Commission Vice-President in charge of Energy Union Maros Sefcovic is to visit Bulgaria on September 15.

Business » Energy | July 27, 2015, Monday // 14:53 | Viewed: 1553

Bulgaria’s Energy Minister, Slovakia’s Economy Minister Discuss Eastring

Bulgaria’s Energy Minister Temenuzhka Petkova and Slovakia’s Economy Minister Vazil Hudak confirmed the political support of the two countries for the Eastring gas pipeline project and discussed the next steps towards its implementation.

Business » Energy | July 22, 2015, Wednesday // 20:01 | Viewed: 2966

Energy Watchdog to Announce New Electricity Prices on July 31

The new prices of electricity will be announced on July 31at a sitting of the Energy and Water Regulatory Commission (KEVR).

Business » Energy | July 22, 2015, Wednesday // 13:22 | Viewed: 2357

Bulgarian Parliament Committee Moves to Address Deficits at Power Company NEK

A Bulgarian Parliament commitee has adopted changes to the Energy Act meant to reduce chronic financial deficits at the state-owned National Electricity Company NEK.

Business » Energy | July 20, 2015, Monday // 18:16 | Viewed: 1939

Bulgarian Industrial Association Seeks Discount for Companies Consuming over 5GWh per year

Companies with power consumption of over 5 GWh per year should be entitled to a discount on the so-called green energy component of electricity tariffs, according to a proposal of the Bulgarian Industrial Association (BIA).

Business » Energy | July 20, 2015, Monday // 12:07 | Viewed: 2026

Three Ambassadors Oppose Energy Act Amendments in Letter to Bulgaria’s PM

The ambassadors of Italy, Korea, and the US have opposed a set of Energy Act amendments in a letter to Bulgarian Prime Minister Boyko Borisov and Energy Minister Temenuzhka Petkova.

Business » Energy | July 15, 2015, Wednesday // 09:33 | Viewed: 4298

Energy Act Amendments Pass First Reading in Bulgaria’s Parliament

Two bills introducing changes to Bulgaria’s Energy Act passed first reading in Parliament on Tuesday.

Business » Energy | July 15, 2015, Wednesday // 08:33 | Viewed: 1834

EU to Allocate Funding to Two Energy Infrastructure Projects in Bulgaria

EU member states approved on Tuesday the proposal of the European Commission (EC) to allocate EUR 150 M to twenty key trans-European energy infrastructure projects.

Business » Energy | July 14, 2015, Tuesday // 15:03 | Viewed: 2349

Bulgarian MPs to Discuss Creation of Electricity System Security Fund

The first reading of Energy Act amendments envisaging the establishment of an Electricity System Security Fund is to take place on Tuesday.

Business » Energy | July 14, 2015, Tuesday // 09:42 | Viewed: 1672

CEO of Bulgaria’s Kozloduy N-Plant Decries Impact of Power Tariffs Uncertainty

Dimitar Angelov, CEO of Bulgaria’s Kozloduy nuclear power plant, has complained that the N-plant lost long-term contracts for the sale of electricity as a result of the postponement of the new regulatory period.

Business » Energy | July 13, 2015, Monday // 15:54 | Viewed: 1642

Bulgaria’s PM, Montenegro’s President Discuss Opportunities for Power Exports to Italy

Prime Minister Boyko Borisov has suggested at a meeting with Montenegro’s President Filip Vujanovic that Bulgaria may use a high-voltage link between Montenegro and Italy, which is yet to be completed, in order to export electricity to Italy.

Business » Energy | July 10, 2015, Friday // 15:51 | Viewed: 2622

Gazprom Cancels Turkish Stream Pipeline Contract with Italy’s Saipem

Gazprom subsidiary South Stream Transport BV has suspended a contract with Italy’s Saipem SpA for the construction of the first line of the offshore section of the Turkish Stream gas pipeline.

Business » Energy | July 9, 2015, Thursday // 12:28 | Viewed: 6365

Bulgaria's Renewable Energy Producers Warn Against New Planned Fees

Amendments to the energy sector put forward by the government of Bulgaria contravene EU directives and the so-called Juncker Investment Plan, renewable energy producers say.

Business » Energy | July 9, 2015, Thursday // 07:37 | Viewed: 2500

Bulgaria Gov't, Businesses, Trade Unions Propose Energy Law Changes

Bulgarian business, labor unions and government officials have tabled new amendments to energy legislation which envisages state aid for industrial energy consumers.

Business » Energy | July 8, 2015, Wednesday // 17:56 | Viewed: 3924

Wirtschaftsblatt: Bulgaria, the End of a Big Energy Dream

Bulgaria will have to count on two prospective gas pipeline projects to secure to fulfill its recent dream and become a key player on the energy map, Austrian daily Wirtschaftsblatt says in an article.

Business » Energy | July 8, 2015, Wednesday // 16:46 | Viewed: 5694

Bulgaria’s Antitrust Watchdog Launches Sector Analysis of Fuel Retailing Market

The Commission for Protection of Competition (KZK) has launched a sector analysis of the fuel retailing market in Bulgaria.

Business » Energy | July 7, 2015, Tuesday // 11:07 | Viewed: 1872

Bulgaria Interested in Turkish Stream, Russian Official Says

Bulgaria is "also interested" in the realization of the Turkish Stream gas pipeline project, Russian Deputy Foreign Minister Vasily A.

Business » Energy | July 6, 2015, Monday // 13:04 | Viewed: 5590

Bulgaria's Energy Watchdog to Go On with Power Price Hike

Energy regulator KEVR's head Ivan Ivanov has said that his agency will not backtrack on plans to increase power prices for industrial consumers by up to 20%.

Business » Energy | July 6, 2015, Monday // 09:47 | Viewed: 4702

Bulgarian Village Lozen Suffers Unannounced Electricity Disruptions

The citizens of the Bulgarian village Lozen, located in the vicinity of the capital Sofia have alarmed local media and authorities on account of unannounced electricity disruptions.

Business » Energy | July 4, 2015, Saturday // 12:05 | Viewed: 2155