Westinghouse Electric Company and eight European consortium partners today announced that they have received EUR 2 million in funding from the European Union (EU) to establish the security of supply of nuclear fuel for Russian-designed reactors in the EU.
Bulgarian President Rosen Plevneliev stated on Sunday that the country will rely on Azerbaijan for achieving a greater diversification of its energy supplies.
Bulgarian Foreign Minister Daniel Mitov pointed to the planned gas interconnector between Bulgaria and Greece as having the potential to break Russian monopoly.
Russian President Vladimir Putin has demanded the beginning of talks over the continuation of gas transit via Ukraine after 2019, Gazprom CEO Alexey Miller has said.
Bulgarian Energy Minister Temenuzhka Petkova has warned a move to put off electricity price hikes will have a negative impact on the energy system.
The price of natural gas drops by BGN 40, from BGN 524 to BGN 484 per 1000 cubic meters of gas, from July 1, according to a decision of Bulgaria’s Commission for Energy and Water Regulation (KEVR).
Bulgaria’s Commission for Energy and Water Regulation (KEVR) has postponed by Tuesday a decision on the postponement of the entry into force of new electricity tariffs by 1 month.
Bulgaria has not received an official invitation for the meeting of foreign ministers of Serbia, Macedonia, Greece, Turkey, and Hungary in Budapest on April 7 over the Turkish Stream gas pipeline project, according to Foreign Minister Daniel Mitov.
Over 1000 large companies in Bulgaria are stopping work or switching to reduced capacity for an hour on Friday to protest an anticipated 13-20% increase in power rates for the industry.
Bulgaria’s National Audit Office has cautioned in a report that the country is falling to meet biofuel production and use targets.
Energy Act amendments allowing Bulgaria’s Commission for Energy and Eater Regulation (KEVR) to extend by up to a month the ongoing regulatory period ending on June 30 have passed first and second reading in parliament.
The new pricing model due to be applied by Bulgaria's national energy regulator KEVR will help the state-owned utility company return to profitability next year, KEVR's head has said.
The Bulgarian Parliament will start its work on Wednesday by holding a hearing of the Commission for Energy and Water Regulation (KEVR) on its proposed model for electricity prices from July 1.
A committee with Bulgaria's Parliament overseeing activities at energy watchdog KEVR has passed amendments to put off an increase in electricity prices for a month.
Russian Energy Minister Alexander Novak on Tuesday said his Bulgarian colleagues haven't changed their mind about withdrawing from the Burgas-Alexandroupolis pipeline project.
The special vessel that was supposed to lay the pipes for the South Stream gas pipeline has left Bulgaria’s Port Burgas to start work on the Turkish Stream gas pipeline project.
Ivan Ivanov, Chair of Bulgaria’s Commission for Energy and Water Regulation, has underscored that EU law entitles large industrial enterprises to discounts on the “obligation to society” surcharge included in electricity prices.
Bulgaria’s four major associations of employers have called for a power price freeze by end-2015.
Bulgaria’s government opposes the planned increase in power rates as of July 1, according to Deputy Prime Minister Tomislav Donchev.
Bulgaria ensured compliance with all EU rules after the suspension of the South Stream gas pipeline project, according to Foreign Minister Daniel Mitov.
Bulgarian Prime Minister Boyko Borisov has summoned a meeting of all ministers over the planned increase in electricity prices for industrial consumers as of July 1.
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