Business » Energy

Renewable Energy Producers in Bulgaria Are Being Scapegoated - BPVA Chair

Nikola Gazdov, Chair of the Bulgarian Photovoltaic Association (BPVA), has said that renewable energy producers have been made to carry the blame for the problems plaguing the energy sector.

Business » Energy | March 27, 2013, Wednesday // 12:04 | Viewed: 2605

Gas Prices in Bulgaria to Remain Unchanged by end-2013

No major fluctuations in gas prices for end consumers are expected by the end of the year, according to Dimitar Gogov, CEO of Bulgaria's state-owned gas supplier Bulgargaz.

Business » Energy | March 26, 2013, Tuesday // 17:56 | Viewed: 2133

Bulgaria's Energy Minister Recommends Disconnecting Noncompliant Renewable Energy Plants

Asen Vasilev, Bulgaria's caretaker Minister of Economy, Energy and Tourism, has proposed that renewable energy installations without certificates should be temporarily disconnected from the country's power grid.

Business » Energy | March 26, 2013, Tuesday // 12:44 | Viewed: 3049

Bulgarian Cabinet to Unveil Plans for Enegry Sector Reform

Bulgarian Minister of Economy and Energy Asen Vasilev is expected to reveal Tuesday the reform measures that the caretaker cabinet is to implement for Bulgaria's energy sector.

Business » Energy | March 26, 2013, Tuesday // 10:55 | Viewed: 1361

2 Banks Offer EUR 250 M Loan to Bulgarian Energy Holding

Deutsche Bank and Citi Group have declared their readiness to provide a loan of up to EUR 250 M to the Bulgarian Energy Holding (BEH), according to a media statement posted on the website of BEH.

Business » Energy | March 25, 2013, Monday // 16:29 | Viewed: 2060

Bulgarian Energy Minister Hints at Regulatory Changes, Senior-Level Reshuffle

Bulgaria's caretaker Economy and Energy Minister Asen Vasilev has said that the country's energy sector needs a set of urgent measures, including regulatory changes and a senior-level reshuffle at state-owned companies.

Business » Energy | March 22, 2013, Friday // 19:02 | Viewed: 2394

Bulgarian Caretaker Govt Seeks Ways to Cut Electricity Prices

Bulgarian caretaker Prime Minister, Marin Raykov, has announced the interim government is seriously seeking ways to additionally lower electric power prices, even with minimal amounts.

Business » Energy | March 20, 2013, Wednesday // 18:08 | Viewed: 2015

Czech PM: Bulgaria Plays Political Games with CEZ

The move of Bulgarian Chief Prosecutor Sotir Tsatsarov to revoke the license of Czech-owned power distributor CEZ Bulgaria is a political game, according to Czech Prime Minister, Petar Necas.

Business » Energy | March 20, 2013, Wednesday // 13:12 | Viewed: 1937

Bulgaria's Energy Watchdog Proposes 3.89% Decrease in Q2, 2013 Gas Prices

A working group of Bulgaria's State Commission for Energy and Water Regulation (DKEVR) has proposed a reduction in gas prices by 3.89% from April 1 from the current rate of BGN 656.47 to BGN 630.94 per 1000 cubic meters, VAT and excise duty excluded.

Business » Energy | March 19, 2013, Tuesday // 18:02 | Viewed: 1605

EVN Threatens to Sue Bulgaria over Electricity Dispute

Energy company EVN has announced that it will take legal action against Bulgaria if it is unable to negotiate concessions over an electricity dispute.

Business » Energy | March 19, 2013, Tuesday // 15:32 | Viewed: 2366

Former Bulgarian Energy Minister Snubs Contracts with American TPPs as Disadvantageous

Traycho Traykov, former Bulgarian Minister of Economy, Energy and Tourism, has commented that the long-term contracts for purchasing electricity from the American Maritsa Iztok 1 (AES Galabovo) and Maritsa Iztok 3 thermal power plants are unprofitable.

Business » Energy | March 19, 2013, Tuesday // 13:06 | Viewed: 2018

Dobrev Regrets Late Find of 'American' TPPs Breaches

Former Economy and Energy Minister, Delyan Dobrev, admitted being at fault for discovering way too late the "strange collaterals" in the contracts for long-term purchase of electric power from the so-called "American" Thermal Power Plants.

Business » Energy | March 18, 2013, Monday // 12:04 | Viewed: 2428

Bulgaria's Maritsa Iztok Mines Curb Capacity over Low Power Consumption, Exports

Starting Monday, workers at Bulgaria's state-owned Maritsa Iztok Mines will switch to a two-shift regime from a four-shift regime due to the shrinking coal demand of the thermal power plants in the Maritsa Iztok Complex.

Business » Energy | March 18, 2013, Monday // 11:05 | Viewed: 1956

CEZ Bulgaria Denies Regulatory Breaches

Czech-owned power utility CEZ has always strictly adhered to Bulgarian legislation and the normative acts of the European Union, the company says in a press release.

Business » Energy | March 17, 2013, Sunday // 16:15 | Viewed: 1851

Bulgarian Prosecution Requests CEZ License Revocation

The prosecution in Bulgaria has requested the revocation of the license of Czech power utility CEZ over massive regulatory breaches, revealed Bulgarian Chief Prosecutor Sotir Tsatsarov.

Business » Energy | March 16, 2013, Saturday // 19:46 | Viewed: 3767

Bulgaria to Hold International Audit of Energy Sector

The Bulgarian government will within 10 days appoint an international auditor to review the country's energy sector, stated caretaker Minister of Regional Development Ekaterina Zaharieva.

Business » Energy | March 16, 2013, Saturday // 13:45 | Viewed: 2092

Grid Access Fee for Renewable Energy Producers Revoked by Bulgarian Supreme Court

Bulgaria's Supreme Administrative Court (VAS) has revoked the grid access fee for renewable energy producers introduced in September 2012.

Business » Energy | March 15, 2013, Friday // 11:23 | Viewed: 5311

Bulgaria's Caretaker Economy Minister Seeks International Audit in Energy Sector

Asen Vasilev, appointed Minister of Economy, Energy and Tourism in Bulgaria's caretaker government, has suggested that it is unrealistic to assume that the problems in the energy sector could be resolved during a term in office of only 60 days.

Business » Energy | March 13, 2013, Wednesday // 16:39 | Viewed: 2163

Power Distributor CEZ Appoints Energy Ombudsman in Bulgaria

Starting Tuesday, power distributor CEZ, which supplies electricity to consumers in Sofia and northwestern Bulgaria, offers the services of the first energy ombudsman – Radoslav Dimitrov.

Business » Energy | March 13, 2013, Wednesday // 09:02 | Viewed: 1604

Bulgaria Scraps Burgas-Alexandroupolis Pipeline Project for Good

Bulgaria's Parliament denounced at second reading on Tuesday the trilateral agreement for the construction of the Burgas-Alexandoupolis oil pipeline.

Business » Energy | March 12, 2013, Tuesday // 18:58 | Viewed: 5469

Bulgarian MPs Castoff Plan for Electric Price Drop

The Members of the Parliament from the Economic Committee rejected Tuesday the draft proposal for measures to reduce electric power prices and secure basic needs of power consumers.

Business » Energy | March 12, 2013, Tuesday // 14:50 | Viewed: 1631
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria