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The deadline for Bulgaria's Electricity Distribution Companies (EDCs) to present their standpoint in the dispute with energy watchdog DKEVR expires on Monday.
It has been extended twice so far, after the National Electricity Company (NEK) presented new proofs in the dispute on the debts of the EDCs.
NEK claims the three EDCs owe it BGN 350 M and DKEVR opened a procedure for stripping them of their licenses.
The EDCs on their part claim this is a commercial dispute.
In recent months, the price of carbon dioxide (CO2) emissions has increased significantly and is already above the forecast of the Bulgarian Energy and Water Regulatory Commission (EWRC), according to a published report.
At an extraordinary press conference, the released NEK CEO Petar Iliev warned that the price of electricity on the free exchange threatens national security.
''I want to make it clear once again: there is currently unplanned repair of Tsankov Kamak dam’s geomembrane, at the expense of national power company NEK.
The Parliament approved at first reading changes to the energy law introducing clear criteria in the use of thermal energy for agriculture, FOCUS News Agency reported.
All employees and workers laid off from the Belene port after 2012 have been reinstated in order to prepare the facility for the arrival of the two nuclear reactors ordered for the unfinished project for a second nuclear power plant.
Austrian energy company EVN has reached an out-of-court settlement with the National Electric Company (NEK) on an old dispute dating back to 2012 – 2013.
The initial drilling effort in the Han Asparuh block (offshore oil and gas exploration area) of the Bulgarian Black Sea, named Vineh-1, did not uncover significant natural gas reserves, according to Offshore-energy
Starting today, the Ministry of Energy and the Energy Regulatory Commission (EKVR) are conducting extraordinary inspections of electricity distribution companies and end suppliers,
In Bulgaria, fuel prices remain largely unchanged, with the international oil market continuing to respond to tensions between the United States and Iran.
Bulgaria is among the EU countries that experienced a notable drop in the use of renewable energy for heating and cooling in 2024, with the share declining by 1.9 percentage points compared to the previous year.
Russia’s oil giant Lukoil, which is under U.
Bulgaria and the United States have agreed to step up cooperation in the energy sector by setting up a joint expert structure to work on priority projects of shared strategic importance.
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