Business » Energy

Bulgaria's Largest Coal Mining Company with Record Output

Bulgaria's largest coal mining company – Maritsa Iztok Mines EAD – surpassed its 2010 output target by 4%.

Business » Energy | January 4, 2011, Tuesday // 17:23 | Viewed: 2476

Bulgaria's Kozloduy NPP Over-Performs in 2010

Bulgaria's only operational nuclear power plant at Kozloduy has surpassed its planned 2010 electricity output.

Business » Energy | January 3, 2011, Monday // 17:01 | Viewed: 1585

Bulgarians Consumed More Energy New Year's Eve Y/Y

The consumption of electricity on New Year’s Eve in Bulgaria was about 1,000 MW more than last year, the Electricity System Operator has announced.

Business » Energy | January 2, 2011, Sunday // 18:16 | Viewed: 1499

Serbia Willing to Join Bulgaria's Belene NPP

Serbia is in favor of participating in the construction of the Belene Nuclear Power Plant in Bulgaria, the country's Deputy Prime Minister Bozidar Djelic said.

Business » Energy | December 31, 2010, Friday // 19:08 | Viewed: 2521

Bulgaria Turns 2 Nuclear Reactors Over to Radioactive Waste Agency

Bulgaria's Cabinet has decided to place units 1 and 2 of the Kozloduy Nuclear Power Plant under the management of State Company "Radioactive Waste".

Business » Energy | December 30, 2010, Thursday // 16:01 | Viewed: 1966

Inter RAO Woos E.ON, RWE, Enel, Close to Bulgarian Deal

Russia's state power trader Inter RAO is in talks with E.ON AG, RWE AG and Enel SpA on possible asset swaps or acquisitions in Europe as the company seeks to expand abroad, a company official said.

Business » Energy | December 30, 2010, Thursday // 10:12 | Viewed: 2704

Bulgarian Invention May Reduce Natural Gas, Heating Costs

An innovation created by a Bulgarian scientist is said to be able to make natural gas use more efficient and cut down the expenses for central heating.

Business » Energy | December 29, 2010, Wednesday // 20:35 | Viewed: 2740

Enel to Sell Bulgarian TPP Stake to Russian Inter RAO

The Italian power utility Enel has negotiated with Russia's Inter RAO about possibly selling their majority stake in the Bulgarian Maritsa 3 TPP, according to Wall Street Journal.

Business » Energy | December 29, 2010, Wednesday // 15:57 | Viewed: 1876

Gazprom Will Keep Controversial Intermediaries as Strategic

Russian gas giant Gazprom's export schemes are optimal and are not to be altered, is the conclusion of a recently completed largescale internal review.

Business » Energy | December 28, 2010, Tuesday // 09:19 | Viewed: 1812

Bulgaria's Energy Watchdog Lowers Heating Prices by 5%

Bulgaria’s State Commission for energy and Water Regulation (DKEVR) has approved a price reduction of 5% for natural gas from January 1, 2011.

Business » Energy | December 27, 2010, Monday // 15:57 | Viewed: 1710

Serbian Eco Minister Opposes Bulgaria's Nuclear Project

Serbia's participation in the project to build a second Nuclear Power Plant in the Bulgarian Danube town of Belene is not feasible, according to Serbian Environment Minister, Oliver Dulic.

Business » Energy | December 27, 2010, Monday // 11:29 | Viewed: 2093

Bulgaria's Energy Watchdog to Lower Heating Prices

Bulgaria's State Commission for Energy and Water Regulation (DKEVR) is convening behind closed doors Monday to make a final decision on natural gas and heating prices.

Business » Energy | December 27, 2010, Monday // 09:53 | Viewed: 1519

German Company Invests EUR 75 M in Bulgarian Wind Park

Bulgarian company IWC Bulgaria 4 owned by German Innovative Wind Concepts is planning a new wind park in the northeastern part of the country near the city of Shumen.

Business » Energy | December 26, 2010, Sunday // 18:07 | Viewed: 2368

Gazprom to Drop Prices to Estonia, Latvia, Belarus

Gazprom has announced it plans to drop prices of natural gas sold to Estonia, Latvia and Belarus with some 15%.

Business » Energy | December 26, 2010, Sunday // 13:52 | Viewed: 2331

Japan Snatches Deal for Turkey's 2nd Nuclear Plant from South Korea

After months of talks, Japan appears to have grabbed from South Korea a deal for the construction of a nuclear power plant in Turkey.

Business » Energy | December 25, 2010, Saturday // 19:23 | Viewed: 3818

Russian Gazprom Starts South Stream Sea Segment Study

The Russian energy giant Gazprom is launching in the beginning of 2011 the study of the sea segment of the gas pipeline South Stream.

Business » Energy | December 24, 2010, Friday // 12:57 | Viewed: 2040

Finish Fortum Confirms 1% Stake of Bulgaria Nuclear Plant

The Finish energy consortium Fortum plans acquire no more than 1% in the second Bulgarian Nuclear Power Plant (NPP) to be build in the Danube town of Belene.

Business » Energy | December 21, 2010, Tuesday // 17:11 | Viewed: 1553

WikiLeaks: Bulgarian Nuclear Project Belene Reeks of Side Deals

German utility RWE abandoned plans to participate in the construction of a 2000MW nuclear plant in the Bulgarian Danube town of Belene after realizing that working with Russian and Bulgarian companies in the energy sector is a 'poisonous combination'.

Business » Energy | December 21, 2010, Tuesday // 09:57 | Viewed: 2636

CEZ Power Utility Halts Blackouts over Holidays

The Czech-owned power utility CEZ, servicing southwestern Bulgaria, is temporarily putting on hold the planned repairs which involve interruptions in electric power supply.

Business » Energy | December 19, 2010, Sunday // 12:10 | Viewed: 1657

Bulgaria's Energy Watchdog to Further Decrease Natural Gas Price

Bulgaria's State Commission for Energy and Water Regulation will further increase the planned drop in the price of the natural gas by more than 5% starting January 2011.

Business » Energy | December 18, 2010, Saturday // 16:43 | Viewed: 1783

New French Hydro-Power Plant Unveiled in Bulgaria

The Dzherman hydro-power plant, an investment of "Electricite de France Energies Nouvelles" (EDF EN), was formally opened in Southwestern Bulgaria on Saturday.

Business » Energy | December 18, 2010, Saturday // 14:20 | Viewed: 2095