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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.
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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 Bulgarian government has decided to extend compensation for high electricity costs to all non-household consumers by the end of the year
In the first half of 2024, Western allies, including Bulgaria, the European Union and the United States, purchased around 2 billion dollars worth of oil products from Turkey that were refined from Russian crude oil
Bulgaria has committed to phasing out coal by 2038, a reminder included in the European Commission's annual report on energy across the EU
One in four Bulgarians is unable to afford heating during the winter months
According to the European Commission’s annual report on the Energy Union, EU gas storage facilities are now 90% full
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