Business » Energy

Bulgaria Inks Kozloduy NPP Unit 5 Life Extension Deal with Russian-French Consortium

The life of unit 5 of Bulgaria’s Kozloduy nuclear power plant may be extended by up to 60 years, according to a media statement of the N-plant.

Business » Energy | October 9, 2014, Thursday // 19:56 | Viewed: 1678

Gazprom Announces 47% Price Spike for South Stream Gas Pipeline

Alexander Ivannikov, First Deputy Head of the Department for Finance & Economics at Gazprom, has announced a major spike in the cost of the South Stream gas pipeline.

Business » Energy | October 9, 2014, Thursday // 18:10 | Viewed: 2194

Bulgaria’s Energy Watchdog Mulls New Fee for All Power Generators

Bulgaria’s State Commission for Energy and Water Regulation (DKEVR) mulls introducing a new fee in the sector which will be applicable to all power generators, according to DKEVR Chair Svetla Todorova.

Business » Energy | October 8, 2014, Wednesday // 14:13 | Viewed: 1177

Gazprom Ready to Boost Gas Supplies to China By 1000 BCM

Russia's state-owned energy concern Gazprom could increase gas flow to China by 100 billion cubic meters on a yearly basis in the near future, CEO Alexey Miller said Tuesday.

Business » Energy | October 8, 2014, Wednesday // 13:44 | Viewed: 1056

Bulgaria's Gas Links with Turkey, Serbia and Greece 3 to 5 Years Delayed

There is currently no decrease in Bulgaria's gas pipeline network pressure, or in the delivered gas volumes from Russia, Deputy Minister of Economy and Energy Anton Pavlov said.

Business » Energy | October 7, 2014, Tuesday // 19:35 | Viewed: 1360

EU Commission Criticizes Bulgaria's 'Low' Electricity Prices

Bulgaria ranks among eleven EU member states suffering from deficits in power tariffs, the European Commission believes.

Business » Energy | October 7, 2014, Tuesday // 16:02 | Viewed: 1458

Three Countries Give Bulgaria EUR 16 M for Energy Efficiency

Norway, Iceland and Liechtenstein have announced they will grant some EUR 16 M to support Bulgarian projects involving energy efficiency and renewables.

Business » Energy | October 7, 2014, Tuesday // 15:19 | Viewed: 1176

Mogherini: South Stream Gas Pipeline Not On EU Priority List

The South Stream gas pipeline is not a priority in the EU’s energy strategy, according to Federica Mogherini, the incoming EU High Representative for Foreign Policy and Security Policy.

Business » Energy | October 7, 2014, Tuesday // 09:52 | Viewed: 3321

Caretaker Govt Replaces CEO of South Stream Bulgaria

Dimitar Gogov, former head of state-owned gas supplier Bulgargaz EAD, has been appointed CEO of South Stream Bulgaria, the company tasked with building the Bulgarian section of the South Stream gas pipeline.

Business » Energy | October 7, 2014, Tuesday // 07:39 | Viewed: 1297

Russian Minister: South Stream Gas Pipeline Has Not Been Suspended

The South Stream gas pipeline project has not been suspended and is being implemented despite the complications, according to Russian Energy Minister Alexander Novak.

Business » Energy | October 5, 2014, Sunday // 15:50 | Viewed: 1214

Bulgaria Power Distributors Warn of Possible Power Brownouts

Dwindling resources to support the electricity supply network could quite possibly result in power cuts, EDCs operating in Bulgaria maintain.

Business » Energy | October 3, 2014, Friday // 11:30 | Viewed: 1419

Energy Watchdog Approves Electricity Price Hike

Bulgaria's energy watchdog DKEVR approved the new, higher prices of electricity, effective as of October 1.

Business » Energy | October 1, 2014, Wednesday // 15:12 | Viewed: 1385

Energy Watchdog Postpones Decision On Price Hike For Wednesday

Bulgaria's energy watchdog (DKEVR) will decide on the new, higher, electricity prices on Wednesday, reports the Bulgarian National Radio.

Business » Energy | September 30, 2014, Tuesday // 21:07 | Viewed: 1236

Aurubis to Invest EUR 75 M in Its Copper Plant in Bulgaria's Pirdop

Germany's leading copper producer Aurubis is planning to invest EUR 75 M in its plan in the town of Pirdop, Aurubis Bulgaria CEO Tim Kurt has announced.

Business » Energy | September 30, 2014, Tuesday // 09:54 | Viewed: 1166

Bulgarian Energy Watchdog to Decide on Electricity Bills

A final decision is expected Tuesday at the state energy regulator DKEVR about the price hike in electricity to be enforced on October 1.

Business » Energy | September 30, 2014, Tuesday // 08:17 | Viewed: 827

Bulgaria's Photovoltaics Demand EU Recommendations in Energy Sector

The Bulgarian Photovoltaic Association (BPVA) has proposed that the government invite experts from the EU Commission to for a new assessment of the troubled energy sector.

Business » Energy | September 29, 2014, Monday // 19:48 | Viewed: 939

Energy Watchdog Chair: Power Price Hike by over 10% Is Socially Unacceptable

Svetla Todorova, Chair of Bulgaria’s State Commission for Energy and Water Regulation (DKEVR), has suggested that a 10% power price hike as of October 1 is the socially tolerable limit.

Business » Energy | September 29, 2014, Monday // 11:50 | Viewed: 845

Rosen Plevneliev Urges Prompt Energy Sector Reforms

Bulgaria's President Rosen Plevneliev urged prompt reforms of the country's energy sector, first thing after the elections next week.

Business » Energy | September 27, 2014, Saturday // 13:27 | Viewed: 1112

Power Price Hike as of October is Unavoidable – Bulgaria’s Energy Minister

Bulgaria’s caretaker Minister of Economy and Energy Vasil Shtonov has argued that the power price hike by 10% as of October 1 is an unavoidable step for the stabilization of the market.

Business » Energy | September 26, 2014, Friday // 16:42 | Viewed: 1298

Construction Of Offshore Part Of South Stream To Start In November

The laying of pipes on the bottom of Black Sea for the South Stream gas pipeline starts in November, said the spokesperson of South Stream Transport Jasper Jansen, quoted by the BTA wire service.

Business » Energy | September 26, 2014, Friday // 11:26 | Viewed: 1323

Industrial Electricity Prices in Bulgaria Are 20-30% Higher than in Greece - BFIEC

Electricity prices for the industry in Bulgaria are 20-30% higher than in Greece, which imports electricity from Bulgaria, according to Konstantin Stamenov from the Bulgarian Federation of Industrial Energy Consumers (BFIEC).

Business » Energy | September 25, 2014, Thursday // 15:50 | Viewed: 1072