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: 9455

Bulgaria's Nuclear Regulatory Agency Approves Westinghouse Nuclear Fuel for Kozloduy NPP

The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse

Business » Energy | April 22, 2024, Monday // 14:53 | Viewed: 1237

Bulgargaz Anticipates Liquefied Gas Deliveries via Alexandroupolis Terminal In May

In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May

Business » Energy | April 18, 2024, Thursday // 11:28 | Viewed: 2041

Greek Electricity Giant Acquires Bulgarian Solar Parks

The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria

Business » Energy | April 12, 2024, Friday // 11:48 | Viewed: 3767

Oil Prices Surge Amid Middle East Tensions

Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel

Business » Energy | April 11, 2024, Thursday // 14:03 | Viewed: 2902

Bulgargaz Loses 27% Market Share Due to Contract with 'Botas

Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas"

Business » Energy | April 11, 2024, Thursday // 11:26 | Viewed: 2673

Bulgaria Sees Surge in Solar Power and Coal Plant Decline in 2023 Electricity Report

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

Business » Energy | March 26, 2024, Tuesday // 09:38 | Viewed: 2408

Europe Natural Gas Prices Surge to EUR 29/MWh Following Russian Attack on Ukrainian Facility

Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday

Business » Energy | March 25, 2024, Monday // 19:07 | Viewed: 2241

Ukraine Eyes Nuclear Reactor Deal with Bulgaria Amid Energy Crisis

Amidst Ukraine's urgent need for additional power sources following the closure of the Russian-controlled Zaporizhzhia nuclear power plant

Business » Energy | March 22, 2024, Friday // 15:25 | Viewed: 2870

Bulgaria Advances Cooperation with USA for Kozloduy NPP Expansion

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

Business » Energy | March 21, 2024, Thursday // 10:25 | Viewed: 2216

Bulgarian Parliament Ratifies Agreement with US for Kozloduy NPP Technology

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

Business » Energy | March 14, 2024, Thursday // 14:12 | Viewed: 2981

US Sees Gas Pipeline Through Bulgaria as Key Energy Initiative in Region

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

Business » Energy | March 14, 2024, Thursday // 11:00 | Viewed: 2977

Bulgaria Delays Decision on Nuclear Waste Storage Amid European Discussions

Prime Minister Nikolai Denkov addressed concerns over the long-term storage of nuclear waste during a parliamentary control session in Bulgaria today

Business » Energy | March 1, 2024, Friday // 12:30 | Viewed: 2737

Bulgaria Ceases Russian Oil Imports: Parliament's Decision Marks End of Derogation

Effective March 1, Bulgaria has officially halted the use and importation of Russian oil for fuel production, following a decision by the Parliament to drop the derogation

Business » Energy | March 1, 2024, Friday // 09:10 | Viewed: 5054

Bulgargaz Proposes 18% Reduction in Natural Gas Prices

"Bulgargaz" suggests an 18% decrease in natural gas prices starting next month

Business » Energy | February 28, 2024, Wednesday // 13:31 | Viewed: 2812

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: 3887

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: 3698

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: 3037

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: 3381

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: 2936

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: 2920

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: 2562
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