Business » Energy

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: 1216

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: 852

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: 984

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: 889

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: 1141

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: 1364

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: 1381

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: 1100

NEK Expects Additional BGN 1 B Deficit

Bulgaria's National Electricity Company (NEK) expects a BGN 1 B deficit for the current regulation period, said the company's Ventsislav Markov at a session of the energy watchdog DKEVR.

Business » Energy | September 25, 2014, Thursday // 12:03 | Viewed: 874

Ukraine's Foreign Minister: Gas Transit To Bulgaria Not In Danger

Ukraine's Foreign Minister Pavlo Klimkin assured his Bulgarian counterpart Daniel Mitov, that the gas transit from Russa is not jeopardised, said Bulgaria's Foreign Ministry in a press statement.

Business » Energy | September 24, 2014, Wednesday // 17:00 | Viewed: 1101

Expansion of Bulgaria’s Chiren Gas Depot to Cost EUR 200 M

The expansion of Bulgaria’s Chiren underground gas depot will cost around EUR 200 M, according to Kiril Temelkov, CEO of state-owned gas transmission operator Bulgartransgaz.

Business » Energy | September 24, 2014, Wednesday // 08:25 | Viewed: 992

Power Price Hike to Inject BGN 200 M into State-Owned Eclectic Co

A power price hike will help inject slightly over BGN 200 M into the National Electric Company (NEK), while its losses are expected to reach BGN 1 B over the next year, according to Bulgaria’s caretaker Minister of Economy and Energy.

Business » Energy | September 23, 2014, Tuesday // 14:41 | Viewed: 3115

Gas Crisis Scenario Is Very Likely - Bulgaria’s Caretaker Energy Minister

Bulgaria’s caretaker Minister of Economy and Energy Vasil Shtonov has suggested that a new gas crisis is very likely.

Business » Energy | September 23, 2014, Tuesday // 12:16 | Viewed: 1251

Bulgaria's State Watchdog to Discuss Gas Price Hike

An increase in gas prices from October 1 is to dominate the energy regulator DKEVR's agenda on Tuesday.

Business » Energy | September 23, 2014, Tuesday // 07:45 | Viewed: 835

Residents of Bulgaria’s Smolyan Protest Biomass-Fired Power Plant Project

Residents of the southern Bulgarian city of Smolyan have staged a brief road block to oppose plans to build a biomass-fired thermal power plant.

Business » Energy | September 22, 2014, Monday // 18:40 | Viewed: 3223

EU Ready to Discuss South Stream at Trilateral Gas Talks on Sept 26

The European Commission is ready to discuss the South Stream gas pipeline project at the trilateral meeting of the EU, Russia and Ukraine on September 26 in Berlin, according to Marlene Holzner, Spokesperson for the EU Energy Commissioner.

Business » Energy | September 22, 2014, Monday // 17:23 | Viewed: 1014

European Underground Gas Depots 91.37% Full by Sept 21

A total of 4.88 billion cubic meters of gas was injected in European underground gas depots in the first three weeks of September, according to data of the Association of the European operators of underground gas storages (GSE).

Business » Energy | September 22, 2014, Monday // 13:32 | Viewed: 761

Former CEO of Kozloduy NPP: Bulgaria Needs Energy Strategy by 2050

Yordan Yordanov, former CEO of Bulgaria’s Kozloduy Nuclear Power Plant, has underscored the need to adopt a national strategy for the development of the energy sector in the period 2030-2050.

Business » Energy | September 21, 2014, Sunday // 14:00 | Viewed: 1168

Bulgaria, Azerbaijan Sign 2 Agreements on Gas Projects

Bulgaria and Azerbaijan have signed two gas cooperation agreements, according to a media statement of the Ministry of Economy and Energy.

Business » Energy | September 21, 2014, Sunday // 10:33 | Viewed: 3636

Plevneliev: Southern Gas Corridor Will Boost Europe’s Energy Security

Finding alternative gas suppliers and routes has become a matter of national security and key priority for Europe, Bulgaria’s President Rosen Plevneliev has said in Azerbaijan.

Business » Energy | September 20, 2014, Saturday // 11:54 | Viewed: 1523

Bulgaria Energy Watchdog Proposes 9.8% Rise in Power Prices

Bulgaria’s energy regulator on Friday proposed to raise power prices for households by 9.

Business » Energy | September 19, 2014, Friday // 21:31 | Viewed: 1434