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Business » Energy

Bulgaria's Energy Watchdog Foresees Power Price Hike in 2015

The Chair of the State Commission for Energy and Water Regulation (DKEVR) Svetla Todorova announced that an increase in the price of electricity was unavoidable during the year.

Business » Energy | 1 hour ago | Viewed: 161

Bulgarian Parliament to Hold Hearing of Energy Distributors

Members of the parliamentary Energy Committee will hold a hearing of the three electricity distribution companies (EDCs) operating in Bulgaria.

Business » Energy | January 27, 2015, Tuesday // 09:04 | Viewed: 731

Ex Energy Minister Seeks 10-Fold Increase in Minimum Fine for Power Distributors

Former Energy Minister Delyan Dobrev has proposed a 10-fold increase in the minimum fine for power distributors failing to observe the 31-day metering deadline.

Business » Energy | January 26, 2015, Monday // 17:54 | Viewed: 913

Bulgaria Energy Minister Triggers Inspection at Energy Distributors

Detailed inspections are to be carried out at all three electricity distribution companies operating in Bulgaria, the country's Energy Minister Temenuzhka Petkova has said.

Business » Energy | January 26, 2015, Monday // 09:46 | Viewed: 1056

Bulgaria 'Unable to Halt South Stream Construction' - Ex-Energy Minister

Turkish Stream is unlikely to happen, in the words of former Energy Minister and current MP Delyan Dobrev.

Business » Energy | January 25, 2015, Sunday // 14:07 | Viewed: 2138

Bulgaria's State Electricity Co 'Sells Energy Below Market Prices'

State-owned National Electricity Company (NEK) is suffering losses worth millions of BGN due to "lobbyist" legislation amendments and a practice to sell electricity below market prices, a Bulgarian MP has claimed.

Business » Energy | January 25, 2015, Sunday // 12:31 | Viewed: 1260

Project Company South Stream Bulgaria AD Is Still Operational - CEO

South Stream Bulgaria AD, the company in charge of the implementation of the South Stream gas pipeline on Bulgarian territory, keeps functioning, according to Dimitar Gogov, CEO of the company.

Business » Energy | January 23, 2015, Friday // 08:51 | Viewed: 3914

Lifespan of Kozloduy NPP Units 5, 6 May Be Extended by at least 20 Years

Units 5 and 6 of the Kozloduy nuclear power plant can work for at least 20 years more than planned, according to preliminary estimates related to the life extension program for the two facilities.

Business » Energy | January 22, 2015, Thursday // 09:46 | Viewed: 1200

Life Extension of Units 5, 6 of Kozloduy NPP Proceeds as Planned- Watchdog Chair

The life extension of units 5 and 6 of the Kozloduy nuclear power plant proceeds according to plan, according to Lachezar Kostov, Chair of the Bulgarian Nuclear Regulatory Agency (BNRA).

Business » Energy | January 21, 2015, Wednesday // 13:37 | Viewed: 682

Westinghouse Voted BBLF Member

Westinghouse Electric Company has been accepted this week as full member of the Bulgarian Business Leaders Forum (BBLF) at the Board Meeting.

Business » Energy | January 20, 2015, Tuesday // 16:00 | Viewed: 911

Bulgaria Hopes to Revise Contracts with AES, ContourGlobal Units by end-March

The renegotiation of the contract terms of the Bulgarian-based US thermal power plants AES Maritza East 1 and ContourGlobal Maritsa East 3 is expected to be achieved by the end of March.

Business » Energy | January 20, 2015, Tuesday // 15:53 | Viewed: 1557

Bulgaria to Host EU 'Energy Summit' - Deputy PM Tomislav Donchev

A summit-level meeting of all EU energy ministers is to be held in Bulgaria in three weeks' time, the country's Deputy PM for EU Funds and Economic Policy Tomislav Donchev announced on Sunday.

Business » Energy | January 18, 2015, Sunday // 11:24 | Viewed: 1902

Oil and Gas Explorations at Vranino Halted, Await Court Ruling

At present no exploration works are being carried out at the Vranino field in northeastern Bulgaria, as the verdict of the Supreme Administrative Court (VAS) is awaited.

Business » Energy | January 16, 2015, Friday // 20:48 | Viewed: 1130

Working Group to Present Stance on Kozloduy NPP Unit 7 by end-March

By end-March, a working group including representatives of the Bulgarian Energy Holding (BEH), the Kozloduy nuclear power plant, and the Energy Ministry, is to come up with a stance on the project for a 7th unit of the N-plant.

Business » Energy | January 16, 2015, Friday // 08:28 | Viewed: 784

Hungarian Minister Proposes Greece-Macedonia-Serbia Gas Pipeline as South Stream Alternative

The construction of a gas pipeline from Greece via Macedonia and Serbia to Hungary would be an alternative to the cancelled South Stream project, according to Peter Szijjarto, Hungary’s Foreign Minister.

Business » Energy | January 15, 2015, Thursday // 16:52 | Viewed: 2613

Members of Bulgaria's Energy Watchdog to be Elected by Parliament

The members of the State Commission for Energy and Water Regulation (DKEVR) will be no longer elected by the Council of Ministers, but by the Bulgarian Parliament.

Business » Energy | January 15, 2015, Thursday // 15:02 | Viewed: 737

Sofia-based Heating Utility Has Run Up Debts of BGN 627 M

Heating utility Toplofikatsiya Sofia has run up debts of BGN 627 M in unpaid gas bills.

Business » Energy | January 15, 2015, Thursday // 13:09 | Viewed: 718

Sefcovic: Russia, EU To Discuss Energy Cooperation on Jan 19

EU energy chief Maros Sefcovic has said that energy cooperation between the EU and Russia would be discussed at a meeting of EU foreign ministers on January 19.

Business » Energy | January 14, 2015, Wednesday // 18:38 | Viewed: 1077

Gazprom CEO Declares South Stream Gas Pipeline Project Closed

Gazprom CEO Alexei Miller has said that the South Stream gas pipeline has been conclusively abolished and the Turkish Stream project has been put on the agenda.

Business » Energy | January 14, 2015, Wednesday // 16:52 | Viewed: 1708

Bulgarian MPs to Vote on Splitting Energy Watchdog into 2 Subsections

Bulgaria's energy regulator DKEVR could be divided into two subcommittees, one on energy and one on water, under a new bill approved at a first reading on Tuesday.

Business » Energy | January 14, 2015, Wednesday // 10:37 | Viewed: 923

Bulgaria’s Maritsa Iztok Mines Topped 2014 Production Target by 428 000 Tonnes

The Maritsa Iztok Mines (Mini Maritsa Iztok EAD), Bulgaria’s largest coal mining company, produced over 27 500 000 tonnes of coal in 2014, up by 428 000 tonnes from the business plan for the year.

Business » Energy | January 13, 2015, Tuesday // 10:15 | Viewed: 680