Business » Energy

EVN Threatens to Sue Bulgaria over Electricity Dispute

Energy company EVN has announced that it will take legal action against Bulgaria if it is unable to negotiate concessions over an electricity dispute.

Business » Energy | March 19, 2013, Tuesday // 15:32 | Viewed: 2367

Former Bulgarian Energy Minister Snubs Contracts with American TPPs as Disadvantageous

Traycho Traykov, former Bulgarian Minister of Economy, Energy and Tourism, has commented that the long-term contracts for purchasing electricity from the American Maritsa Iztok 1 (AES Galabovo) and Maritsa Iztok 3 thermal power plants are unprofitable.

Business » Energy | March 19, 2013, Tuesday // 13:06 | Viewed: 2018

Dobrev Regrets Late Find of 'American' TPPs Breaches

Former Economy and Energy Minister, Delyan Dobrev, admitted being at fault for discovering way too late the "strange collaterals" in the contracts for long-term purchase of electric power from the so-called "American" Thermal Power Plants.

Business » Energy | March 18, 2013, Monday // 12:04 | Viewed: 2429

Bulgaria's Maritsa Iztok Mines Curb Capacity over Low Power Consumption, Exports

Starting Monday, workers at Bulgaria's state-owned Maritsa Iztok Mines will switch to a two-shift regime from a four-shift regime due to the shrinking coal demand of the thermal power plants in the Maritsa Iztok Complex.

Business » Energy | March 18, 2013, Monday // 11:05 | Viewed: 1961

CEZ Bulgaria Denies Regulatory Breaches

Czech-owned power utility CEZ has always strictly adhered to Bulgarian legislation and the normative acts of the European Union, the company says in a press release.

Business » Energy | March 17, 2013, Sunday // 16:15 | Viewed: 1851

Bulgarian Prosecution Requests CEZ License Revocation

The prosecution in Bulgaria has requested the revocation of the license of Czech power utility CEZ over massive regulatory breaches, revealed Bulgarian Chief Prosecutor Sotir Tsatsarov.

Business » Energy | March 16, 2013, Saturday // 19:46 | Viewed: 3767

Bulgaria to Hold International Audit of Energy Sector

The Bulgarian government will within 10 days appoint an international auditor to review the country's energy sector, stated caretaker Minister of Regional Development Ekaterina Zaharieva.

Business » Energy | March 16, 2013, Saturday // 13:45 | Viewed: 2093

Grid Access Fee for Renewable Energy Producers Revoked by Bulgarian Supreme Court

Bulgaria's Supreme Administrative Court (VAS) has revoked the grid access fee for renewable energy producers introduced in September 2012.

Business » Energy | March 15, 2013, Friday // 11:23 | Viewed: 5311

Bulgaria's Caretaker Economy Minister Seeks International Audit in Energy Sector

Asen Vasilev, appointed Minister of Economy, Energy and Tourism in Bulgaria's caretaker government, has suggested that it is unrealistic to assume that the problems in the energy sector could be resolved during a term in office of only 60 days.

Business » Energy | March 13, 2013, Wednesday // 16:39 | Viewed: 2165

Power Distributor CEZ Appoints Energy Ombudsman in Bulgaria

Starting Tuesday, power distributor CEZ, which supplies electricity to consumers in Sofia and northwestern Bulgaria, offers the services of the first energy ombudsman – Radoslav Dimitrov.

Business » Energy | March 13, 2013, Wednesday // 09:02 | Viewed: 1604

Bulgaria Scraps Burgas-Alexandroupolis Pipeline Project for Good

Bulgaria's Parliament denounced at second reading on Tuesday the trilateral agreement for the construction of the Burgas-Alexandoupolis oil pipeline.

Business » Energy | March 12, 2013, Tuesday // 18:58 | Viewed: 5470

Bulgarian MPs Castoff Plan for Electric Price Drop

The Members of the Parliament from the Economic Committee rejected Tuesday the draft proposal for measures to reduce electric power prices and secure basic needs of power consumers.

Business » Energy | March 12, 2013, Tuesday // 14:50 | Viewed: 1631

Bulgarian MPs Scrap Burgas-Alexandroupolis Pipeline

The Members of the Parliament from the Economic Committee voted Tuesday to abandon the Burgas-Alexandroupolis oil pipeline project.

Business » Energy | March 12, 2013, Tuesday // 12:40 | Viewed: 2227

Power Distributor CEZ Launches Energy Ombudsman in Bulgaria

Starting Tuesday, power distributor CEZ, which supplies electricity to consumers in Sofia and northwestern Bulgaria, offers the services of an energy ombudsman.

Business » Energy | March 12, 2013, Tuesday // 11:07 | Viewed: 1183

Bulgaria's Gas Supplier Proposes 3.22% Decrease in Q2 Prices

State-owned gas supplier Bulgargaz has submitted a proposal for a 3.22% decrease in gas prices in Q2, 2013 with Bulgaria's State Commission for Energy and Water Regulation (DKEVR).

Business » Energy | March 11, 2013, Monday // 17:06 | Viewed: 1612

Bulgarian Green Energy Producers Hold Urgent Meeting with National Electricity Co

Renewable energy producers will hold an urgent meeting Monday with representatives of the National Electric Company (NEK), the Bulgarian Energy Holding (BEH) and the Electricity System Operator (ESO), to discuss the extraordinary suspension of thermal pow

Business » Energy | March 11, 2013, Monday // 10:43 | Viewed: 6098

Bulgaria Names New Energy Watchdog Head

Evgenia Haritonova has been named as the new head of Bulgaria's State Commission for Energy and Water Regulation.

Business » Energy | March 8, 2013, Friday // 19:47 | Viewed: 2138

Bulgaria's Energy Holding Takes Out EUR 250 M Loan

Bulgaria's state energy holding company, which groups the country's top energy assets, has already launched a procedure for seeking a EUR 250 M loan, the energy minister announced.

Business » Energy | March 8, 2013, Friday // 15:09 | Viewed: 1942

Bulgaria to Get Azeri Gas via Nabucco in end-2018

Bulgaria can expect Azeri gas via the Nabucco West pipeline in end- 2018 or early 2019, according to Christian Dolezal, spokesperson of the Nabucco consortium.

Business » Energy | March 7, 2013, Thursday // 17:40 | Viewed: 2443

Bulgarian Unit of Power Distributor Energo-Pro Accused of Abuse of Dominant Position

Bulgaria's Commission for Protection of Competition (KZK) has accused Energo-Pro, the power distributor servicing customers in northeastern Bulgaria, of abuse of dominant position.

Business » Energy | March 7, 2013, Thursday // 17:01 | Viewed: 2689

Bulgaria Yet to Scrap Burgas-Alexandroupolis Pipeline for Good

Bulgaria is yet to conclusively abandon the Burgas-Alexandroupolis oil pipeline project, as the country's Parliament postponed the second reading vote on the proposal for next week.

Business » Energy | March 7, 2013, Thursday // 15:58 | Viewed: 3615
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