Business » Energy

Sad Anniversary: Bulgaria’s Energy System Collapsed on Friday 13th 1978

Everyone has read the jokes about how the most important thing in the 21st century is that one should have access to internet.

Business » Energy | January 13, 2021, Wednesday // 16:14 | Viewed: 9326

Europe's Energy Evolution: Declining Gas Demand and Renewable Growth

In a recent report released by the Institute for Energy Economics and Financial Analysis (IEEFA) on Wednesday, it was revealed that demand for natural gas in Europe experienced a significant decline last year, dropping to its lowest level in a decade

Business » Energy | February 21, 2024, Wednesday // 18:00 | Viewed: 2807

Bulgarian Kozloduy NPP Confirms Smooth Transition to Non-Russian Nuclear Fuel

Amidst concerns surrounding energy security and the transition away from Russian nuclear fuel, the executive director of Bulgaria's Kozloduy Nuclear Power Plant (NPP), Valentin Nikolov, has reassured the public that there is no risk of operational disrupt

Business » Energy | February 20, 2024, Tuesday // 14:15 | Viewed: 2689

Majority of Bulgarians Fear Impact of Green Deal on Electricity Bills

Amid the implementation of measures under the European Union's Green Deal, 64% of Bulgarians have identified the escalating electricity prices as their top concern

Business » Energy | February 16, 2024, Friday // 13:18 | Viewed: 2333

US Development Finance Corporation Eyes Bulgaria's Energy Sector

Bulgaria's Finance Minister, Asen Vassilev, engaged in discussions with Scott Nathan, the executive director of the U.S. Development Finance Corporation (DFC), during his visit to Washington

Business » Energy | February 13, 2024, Tuesday // 13:41 | Viewed: 2640

Bulgaria and USA Ink Deal for New Nuclear Power Units at Kozloduy NPP

Bulgaria and the United States have formally sealed an agreement to collaborate on the construction of two new units at the Kozloduy Nuclear Power Plant

Business » Energy | February 12, 2024, Monday // 19:12 | Viewed: 2648

Bulgarian & US Officials Explore Energy Security Strategies

Bulgarian Ministers Rumen Radev of Energy and Assen Vassilev of Finance recently engaged in high-level talks with US Secretary of Energy Jennifer Granholm in Washington, D.C., focusing on critical energy issues

Business » Energy | February 7, 2024, Wednesday // 18:10 | Viewed: 2518

Bulgaria Faces Looming Energy Crisis by 2038, Warns Expert

Energy expert Ivan Hinovski has issued a stark warning about Bulgaria's future energy prospects, highlighting the imminent threat of losing all base capacities by 2038

Business » Energy | February 7, 2024, Wednesday // 13:22 | Viewed: 2347

February Brings a Drop in Bulgarian Natural Gas Prices

The Energy and Water Regulatory Commission (EWRC) has approved a substantial 8.4% reduction in the price of natural gas for February

Business » Energy | February 2, 2024, Friday // 10:16 | Viewed: 2487

Sad: Bulgaria and EU Witness Rise in Fossil Fuel Dependency

Recent Eurostat data unveils a concerning trend in the European Union's energy landscape, highlighting an increase in fossil fuel dependence from 69.9% in 2021 to 70.9% in 2022

Business » Energy | January 31, 2024, Wednesday // 10:43 | Viewed: 2562

Concerns Rise Over Wind Turbines' Potential Impact on Black Sea Tourism and Fishing

The Bulgarian Parliament has passed the Renewable Sources Energy Act in marine spaces at its initial reading, aiming to establish administrative procedures and principles for the development

Business » Energy | January 26, 2024, Friday // 18:00 | Viewed: 2606

Bulgaria-Turkey Gas Network Deal: Bulgartransgaz and Botas Unite

"Bulgartransgaz" and Turkey's gas transmission system operator, "Botas," have officially signed an Agreement for the interconnection of the Strandja - Malkoçlar point, marking a key milestone in fostering the diversification of natural gas sources

Business » Energy | January 25, 2024, Thursday // 13:00 | Viewed: 2639

Kozloduy Nuclear Power Plant Granted Permit for Storage of Westinghouse Nuclear Fuel

The Nuclear Regulation Agency (NRA) has officially granted Kozloduy Nuclear Power Plant (NPP) a permit for the storage of fresh RWFA-type nuclear fuel produced by Westinghouse, according to an announcement on January 24

Business » Energy | January 24, 2024, Wednesday // 18:35 | Viewed: 3144

Greece and Bulgaria Celebrate New Energy Link for Green Future

The official opening of the second cross-border power line between Greece and Bulgaria marked a significant event during the ministerial meeting of the Central and South-East European Energy Connectivity Group (CESEC) on Friday (January 19th)

Business » Energy | January 22, 2024, Monday // 12:22 | Viewed: 3120

Energy Dynamics: Why Bulgaria Opts for Electricity Imports

Bulgaria is undergoing a shift toward becoming a net importer of electricity, driven by economic considerations, warns energy expert Krassimir Manov

Business » Energy | January 16, 2024, Tuesday // 16:23 | Viewed: 2938

Bucharest hosting the high-level renewables investment event Energy Week Black Sea

On 6-8th February, the international renewables investment conference Energy Week Black Sea will take place in Bucharest, Romania

Business » Energy | January 15, 2024, Monday // 10:51 | Viewed: 2234

Bulgaria Commits to Phasing Out Coal-Fired Power Plants by 2030, Prioritizing Renewable Energy

Bulgaria's Minister of Environment and Water, Julian Popov, has affirmed the country's commitment to phasing out coal-fired power plants, emphasizing that the transition will be market-driven rather than state-mandated

Business » Energy | January 14, 2024, Sunday // 16:00 | Viewed: 2735

Anticipated 6% Drop: Bulgargaz Forecasts Significant Price Decrease for Natural Gas in February

Bulgargaz, the national gas company, projects a notable reduction in natural gas prices by nearly 6% for February

Business » Energy | January 14, 2024, Sunday // 10:41 | Viewed: 2742

Bulgaria Delays Belene Nuclear Equipment Sale, Awaits Unified EU Position on Ukraine

Amidst ongoing uncertainties surrounding the Belene nuclear power plant, Bulgaria's Energy Minister, Rumen Radev, revealed on Friday a strategic decision to postpone the sale of equipment from the unfinished facility to Ukraine

Business » Energy | January 12, 2024, Friday // 16:03 | Viewed: 2957

PM Denkov: Bulgaria's Electricity Imports Driven by Cost, Not Capacity Shortage

Prime Minister Nikolai Denkov addressed questions in Parliament, clarifying that Bulgaria imports electricity on certain days or hours due to cost considerations, not due to a lack of generating capacity

Business » Energy | January 12, 2024, Friday // 13:30 | Viewed: 2245

After The Escalation In Yemen: Brent Oil Prices Jumped

Brent crude oil prices rose two percent to $78.94 a barrel after the escalation of the situation in Yemen

Business » Energy | January 12, 2024, Friday // 10:19 | Viewed: 1867

Concerning: Bulgaria Transforms Into Net Importer Of Electricity Amidst Rising Consumption

As a consequence of the recent cold spell gripping Bulgaria, the nation experienced a notable shift in its energy dynamics, emerging as a net importer of electricity on January 9

Business » Energy | January 11, 2024, Thursday // 15:30 | Viewed: 4080
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