Business » Energy

Bulgaria to Cut Power Prices for Households by 0.11% from 1 August

Bulgaria’s energy regulator announced on Friday that power prices for households will fall by 0.11% from 1 August.

Business » Energy | July 31, 2015, Friday // 17:41 | Viewed: 773

Bulgaria's Energy Regulator to Announce New Electricity Prices

At a closed sitting on Friday afternoon, Bulgaria's Energy and Water Regulatory Commission (KEVR) will determine the new electricity prices, which are to enter into force on Saturday.

Business » Energy | July 31, 2015, Friday // 08:49 | Viewed: 1450

Bulgaria Parlt Report Blames NEK Deficits on Deals with AES, ContourGlobal, RES

Bulgaria’s long-term contracts for electricity purchases from two local coal-fired plants, owned by US-based AES Corporattion and ContourGlobal, and from renewable energy sources (RES) are at the core of the financial deficits at the National Electricity

Business » Energy | July 30, 2015, Thursday // 22:06 | Viewed: 1519

Bulgarian Industrial Capital Association Chair: Electricity Prices Can Remain Unchanged

Vasl Velev, Chair of the Bulgarian Industrial Capital Association (BICA), has argued that electricity tariffs should remain unchanged in the next pricing period.

Business » Energy | July 30, 2015, Thursday // 15:03 | Viewed: 1557

Bulgaria's PM Lashes Out at Business Unions over Power Price Demands

Bulgarian Prime Minister Boyko Borisov has criticized employers' organizations over their demand that a hike of electricity prices for industrial consumers be postponed.

Business » Energy | July 30, 2015, Thursday // 14:56 | Viewed: 1759

Turkish Stream Could Suffer Delays, Russia Energy Min Admits

Russian Energy Minister Alexander Novak has said construction of the so-called Turkish Stream gas pipeline might begin later than planned.

Business » Energy | July 30, 2015, Thursday // 12:53 | Viewed: 1815

Bulgarian Employers’ Associations, Trade Unions Protest Imminent Power Price Hike

Representatives of employers’ associations and trade unions staged protests over a forthcoming power price hike in a number of cities across Bulgaria.

Business » Energy | July 29, 2015, Wednesday // 19:28 | Viewed: 2302

Russia 'Ready to Sign Only Part of Turkish Stream Deal'

Russia is currently ready to sign only an agreement to build the first section of Turkish Stream, Russian news websites quote an Energy Ministry source as saying.

Business » Energy | July 29, 2015, Wednesday // 12:44 | Viewed: 2477

Bulgaria Businesses to Stage Protest over Power Price Hike

Business unions in Bulgaria say more than 1000 companies are to protest in 28 cities across the country against a planned hike of power prices.

Business » Energy | July 29, 2015, Wednesday // 09:49 | Viewed: 1819

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: 1988

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: 2048

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: 1978

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: 3243

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: 2398

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: 1970

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: 2314

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: 4765

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: 2087

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: 2386

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: 1694

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: 1664