Business » Energy

NGO Calls for Immediate Repeal of Shale Gas Ban in Bulgaria

The Energy Independence Movement, a NGO, has called upon the resigning Cabinet of PM Boyko Borisov and the GERB party to revoke the moratorium on the exploration and extraction of shale gas that it adopted in 2012 after street protests.

Business » Energy | March 4, 2013, Monday // 15:42 | Viewed: 14113

Nabucco, TANAP Sign Memorandum of Understanding

The Nabucco Gas Pipeline International consortium announced Monday that it had signed a Memorandum of Understanding and Co-operation (MoU) with the Trans Anatolian Pipeline (TANAP).

Business » Energy | March 4, 2013, Monday // 15:33 | Viewed: 1794

Bulgarian Railway Workers to Join Miners, TPP Workers' Strike

Bulgarian railway workers are set to support a protest strike of the minors and workers at thermal power plants in the country.

Business » Energy | March 4, 2013, Monday // 12:54 | Viewed: 1748

Disgruntled Bulgarian Miners Ready to Stage Protest Rally

Bulgarian miners are also preparing to stage a protest rally over the threat of having the country's Thermal Power Plants, TPPs, being taken off the energy grid.

Business » Energy | March 3, 2013, Sunday // 19:00 | Viewed: 1802

Bulgarian Electric Co Warns of New Electric Price Hike

The outgoing government of Citizens for European Development of Bulgaria party, GERB, has restricted the production of the cheapest electric power, according to the National Electric Company, NEK.

Business » Energy | March 3, 2013, Sunday // 15:53 | Viewed: 2686

Rosatom: Bulgaria's Conclusive Suspension of Belene NPP Will Not Affect Arbitration Proceedings

The recent decision of the Bulgarian Parliament for the conclusive termination of the Belene NPP project is unrelated to the proceedings worth EUR 1 B at the Court of Arbitration in Paris initiated by Russia against the National Electric Company (NEK), ac

Business » Energy | March 2, 2013, Saturday // 16:07 | Viewed: 9308

Bulgarian Energy Watchdog Deems 8% Price Cut Impossible

The possible reduction of electric power prices in Bulgaria will be below the 8% pledged by Prime Minister, Boyko Borisov, just one day before his sudden decision to resign.

Business » Energy | March 1, 2013, Friday // 10:18 | Viewed: 1829

Rosatom Yet to Give Up on Bulgaria's Abandoned Belene N-Plant

Russian state-owned energy company Rosatom is yet to give up on the construction of the Belene nuclear power plant project in Bulgaria.

Business » Energy | February 28, 2013, Thursday // 15:30 | Viewed: 2457

Electricity Prices in Bulgaria to Drop on March 1 – Outgoing Minister

Bulgaria's outgoing Economy and Energy Minister Delyan Dobrev has vowed that electricity prices will drop from March 1 without citing a concrete percentage.

Business » Energy | February 27, 2013, Wednesday // 17:43 | Viewed: 3292

CEZ Says No Reasons to Worry as Gendarmerie Storm Sofia HQ

Czech utility CEZ, which supplies power to over 2 million households and companies in western Bulgaria, claims its house is in order as prosecutors, tax officials and gendarmerie stormed its headquarters in Sofia earlier on Wednesday.

Business » Energy | February 27, 2013, Wednesday // 14:49 | Viewed: 2240

Gendarmerie Storm Power Distributor CEZ HQ in Sofia

Gendarmerie officers have stormed the premises of power distributor CEZ in Sofia.

Business » Energy | February 27, 2013, Wednesday // 14:31 | Viewed: 2144

Bulgarian Parliament Confirms Decision to Scrap Belene N-Plant

Bulgaria's Parliament confirmed Wednesday the country's decision to abandon the Belene nuclear power plant project.

Business » Energy | February 27, 2013, Wednesday // 14:19 | Viewed: 8579

Prosecutors Enter Premises of 3 Power Distributors in Bulgaria

Prosecutors from Sofia, Varna and Plovdiv and tax officials have entered the offices of the three power distributors functioning in Bulgaria, CEZ, EVN, and Energo Pro, to start inspections.

Business » Energy | February 27, 2013, Wednesday // 13:46 | Viewed: 2090

Restriction for Annual Update of Electricity Prices in Bulgaria to Drop

Bulgaria's State Commission for Energy and Water Regulation (DKEVR) will be able to change electricity prices more frequent than once a year, according to legal amendments approved by the parliamentary committee on economic policy, energy and tourism.

Business » Energy | February 26, 2013, Tuesday // 18:09 | Viewed: 1899

Bulgarian MPs Pass Energy Efficiency Act

The Members of the Bulgarian Parliament passed Tuesday at second reading the Energy Efficiency Act.

Business » Energy | February 26, 2013, Tuesday // 17:44 | Viewed: 2048

Bulgaria's Current Parliament Must Finish Work on Energy Act Amendments – Outgoing Minister

Outgoing Economy and Energy Minister Delyan Dobrev has insisted that Bulgaria's Parliament finish work on a set of proposed amendments to the Energy Act in its remaining few weeks in office.

Business » Energy | February 26, 2013, Tuesday // 14:10 | Viewed: 1822

Sofia Heating Utility to Appeal Fine for Abuse of Dominant Position

Sofia heating utility Toplofikatsia Sofia will appeal the penalty imposed by Bulgaria's Commission for Protection of Competition (KZK) for abuse of dominant position within the statutory deadline of 14 days.

Business » Energy | February 25, 2013, Monday // 18:20 | Viewed: 1308

All 6 Members of Bulgaria's Energy Watchdog Have Resigned

All six members of Bulgaria's State Commission for Energy and Water Regulation (DKEVR) have resigned last week, according to the press center of the watchdog.

Business » Energy | February 25, 2013, Monday // 16:17 | Viewed: 2317

Bulgarian Protesters Call for Moratorium on Power Bills

Thousands of protesters took to the streets of the struggling Bulgarian town of Blagoevgrad on Sunday, demanding a moratorium on skyrocketing power bills.

Business » Energy | February 24, 2013, Sunday // 16:09 | Viewed: 2387

Bulgarian MPs Rush to Decide Fate of Belene NPP

The Bulgarian Parliament will hold an emergency sitting Tuesday to decide on the fate of the project to build a second Nuclear Power Plant in the Danube town of Belene.

Business » Energy | February 23, 2013, Saturday // 13:01 | Viewed: 1991

Change in Bulgaria's Energy Mix to Reduce Power Tariffs Substantially – NPP CEO

Valentin Nikolov, CEO of the Kozloduy NPP, has argued that a change in the energy mix could bring about a substantial reduction in electricity prices in Bulgaria.

Business » Energy | February 22, 2013, Friday // 17:16 | Viewed: 2728
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