Bulgaria: Details about Biggest Power Theft in CEZ History
The Prosecutor's Office and the Interior Ministry are continuing the investigation into the large theft of electricity in the Sofia village of Herakovo.
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
Bulgaria's energy regulator has reiterated its threats to strip Czech power utility CEZ of license should it fail to introduce monthly bills as of August 1.
In April the Czech utility company did not comply with last year's ruling of the State Energy and Water Regulatory Commission to end its three-month power bills by the end of March and was slapped a BGN 500 000 fine.
Following an appeal against that decision, the regulator extended the deadline for the introduction of monthly bills until the end of June.
CEZ, which supplies power to over 2 million households and companies in western Bulgaria, including the capital Sofia, refused to comply with that ruling either, arguing that the shift would mean more expenses and higher bills for the consumers.
According to the company it is not obliged to follow the orders of Bulgaria's energy watchdog because the Supreme Administrative Court has not come up with its decision.
It said it plans to introduce monthly bills as of December 1.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
Amidst Ukraine's urgent need for additional power sources following the closure of the Russian-controlled Zaporizhzhia nuclear power plant
Bulgarian lawmakers have taken a significant step toward bolstering the nation's energy infrastructure by advancing cooperation with the United States for the construction of Units 7 and 8 at the Kozloduy Nuclear Power Plant
The Bulgarian Parliament has ratified the Agreement between the Government of the Republic of Bulgaria and the Government of the United States on cooperation regarding the construction of nuclear power at the Kozloduy Nuclear Power Plant
During a forum in Alexandroupolis, US Assistant Secretary of State for Energy, Jeffrey Payatt, highlighted the significance of a gas pipeline project through Bulgaria as the next pivotal step for energy development in the region
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022