Business » Energy

Bulgaria Will Not Launch New N-Plant Units until 2024 – Forecast

Bulgaria will not launch new nuclear capacity in the next 10 years, according to a forecast of the Electricity System Operator (ESO).

Business » Energy | February 6, 2015, Friday // 12:45 | Viewed: 1442

International Markets Register Rise in Oil Prices

The economic prognosis of the European Commission states that in case oil prices remain relatively low throughout the year, EU economy will be able to record a growth higher than the one expected for 2015.

Business » Energy | February 6, 2015, Friday // 12:18 | Viewed: 1120

Bulgaria's GERB Seeks to Scrap Special Prices for New Renewable Energy Sources

Senior coalition partner GERB has tabled amendments to the Energy Act removing the preferential prices paid by state-owned energy utility NEK to buy electricity from new renewable energy sources.

Business » Energy | February 6, 2015, Friday // 08:12 | Viewed: 1635

Bulgarian Gas Supplier Bulgargaz 'Undergoes Board Reshuffle'

A new CEO is taking over the state-owned gas supplier Bulgargaz, media reports suggest.

Business » Energy | February 5, 2015, Thursday // 11:30 | Viewed: 925

Bulgaria to Host EU 'Secretive Ministerial Meeting' on Energy Next Week

The EU's energy ministers are to meet in Bulgaria's capital Sofia on February 9 for a meeting run by Commission Vice-President Maroš Šefčovič, media reports suggest.

Business » Energy | February 5, 2015, Thursday // 10:01 | Viewed: 1797

Romanians Object to Construction of New Unit at Bulgaria's Kozloduy NPP

The planned construction of a new unit at the Bulgarian nuclear power plant (NPP) Kozloduy is opposed by Romanian citizens, who live on the opposite bank of the Danube river.

Business » Energy | February 2, 2015, Monday // 16:38 | Viewed: 1817

Bulgarian Energy Minister Reports of Irregularities at Energo-Pro EDC

Bulgarian Energy Minister Temenuzhka Petkova announced that irregularities have been identified at the energy distribution company (EDC) Energo-Pro, which operates in the northeast of the country.

Business » Energy | January 30, 2015, Friday // 20:05 | Viewed: 1271

Bulgarian PM Reaffirms Moratorium on Shale Gas Extraction

Bulgarian PM Boyko Borisov assured on Friday that there will be no shale gas extraction in the country until a new eco-friendly method is invented.

Business » Energy | January 30, 2015, Friday // 18:01 | Viewed: 1280

Bulgarian President Remains Hopeful of South Stream

Bulgarian President Rosen Plevneliev expressed hope that the South Stream project would receive the necessary permits for its completion.

Business » Energy | January 30, 2015, Friday // 17:04 | Viewed: 1841

Kuwaiti Company Interested in Belene NPP – Bulgaria Energy Minister

A Kuwaiti company has expressed interest in the Belene nuclear power plant project, according to Energy Minister Temenuzhka Petkova.

Business » Energy | January 30, 2015, Friday // 12:03 | Viewed: 1446

Energy Efficiency Projects Have Boosted Bulgarian Economy - Minister

Bulgaria's Environment Minister Ivelina Vassileva announced on Wednesday that BGN 13 M will be added to the national budget in 2015 from payments received by the National Trust Eco Fund.

Business » Energy | January 29, 2015, Thursday // 13:47 | Viewed: 1255

Bulgaria PM Borisov: Energy Bills Issue 'Is Conspiracy against Govt'

Bulgarian Prime Minister Boyko Borisov has warned against a repetition of the "2013 scenario" when his first government was toppled by mass protest following hike in electricity bills.

Business » Energy | January 28, 2015, Wednesday // 19:48 | Viewed: 1400

Bulgaria's Energy Watchdog Foresees Power Price Hike in 2015

The Chair of the State Commission for Energy and Water Regulation (DKEVR) Svetla Todorova announced that an increase in the price of electricity was unavoidable during the year.

Business » Energy | January 28, 2015, Wednesday // 09:57 | Viewed: 1102

Bulgarian Parliament to Hold Hearing of Energy Distributors

Members of the parliamentary Energy Committee will hold a hearing of the three electricity distribution companies (EDCs) operating in Bulgaria.

Business » Energy | January 27, 2015, Tuesday // 09:04 | Viewed: 1284

Ex Energy Minister Seeks 10-Fold Increase in Minimum Fine for Power Distributors

Former Energy Minister Delyan Dobrev has proposed a 10-fold increase in the minimum fine for power distributors failing to observe the 31-day metering deadline.

Business » Energy | January 26, 2015, Monday // 17:54 | Viewed: 1298

Bulgaria Energy Minister Triggers Inspection at Energy Distributors

Detailed inspections are to be carried out at all three electricity distribution companies operating in Bulgaria, the country's Energy Minister Temenuzhka Petkova has said.

Business » Energy | January 26, 2015, Monday // 09:46 | Viewed: 1434

Bulgaria 'Unable to Halt South Stream Construction' - Ex-Energy Minister

Turkish Stream is unlikely to happen, in the words of former Energy Minister and current MP Delyan Dobrev.

Business » Energy | January 25, 2015, Sunday // 14:07 | Viewed: 2833

Bulgaria's State Electricity Co 'Sells Energy Below Market Prices'

State-owned National Electricity Company (NEK) is suffering losses worth millions of BGN due to "lobbyist" legislation amendments and a practice to sell electricity below market prices, a Bulgarian MP has claimed.

Business » Energy | January 25, 2015, Sunday // 12:31 | Viewed: 1475

Project Company South Stream Bulgaria AD Is Still Operational - CEO

South Stream Bulgaria AD, the company in charge of the implementation of the South Stream gas pipeline on Bulgarian territory, keeps functioning, according to Dimitar Gogov, CEO of the company.

Business » Energy | January 23, 2015, Friday // 08:51 | Viewed: 4350

Lifespan of Kozloduy NPP Units 5, 6 May Be Extended by at least 20 Years

Units 5 and 6 of the Kozloduy nuclear power plant can work for at least 20 years more than planned, according to preliminary estimates related to the life extension program for the two facilities.

Business » Energy | January 22, 2015, Thursday // 09:46 | Viewed: 1431

Life Extension of Units 5, 6 of Kozloduy NPP Proceeds as Planned- Watchdog Chair

The life extension of units 5 and 6 of the Kozloduy nuclear power plant proceeds according to plan, according to Lachezar Kostov, Chair of the Bulgarian Nuclear Regulatory Agency (BNRA).

Business » Energy | January 21, 2015, Wednesday // 13:37 | Viewed: 1014