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.
Energy company EVN has announced that it will take legal action against Bulgaria if it is unable to negotiate concessions over an electricity dispute.
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.
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.
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.
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.
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.
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.
Bulgaria's Supreme Administrative Court (VAS) has revoked the grid access fee for renewable energy producers introduced in September 2012.
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.
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.
Bulgaria's Parliament denounced at second reading on Tuesday the trilateral agreement for the construction of the Burgas-Alexandoupolis oil pipeline.
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.
The Members of the Parliament from the Economic Committee voted Tuesday to abandon the Burgas-Alexandroupolis oil pipeline project.
Starting Tuesday, power distributor CEZ, which supplies electricity to consumers in Sofia and northwestern Bulgaria, offers the services of an energy ombudsman.
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).
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
Evgenia Haritonova has been named as the new head of Bulgaria's State Commission for Energy and Water Regulation.
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.
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.
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.
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.
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