Business » Energy

Bulgaria Energy Watchdog: Go-Ahead for Stripping CEZ of License

Bulgaria's State Commission for Energy and Water Regulation (DKEVR) has launched a procedure for stripping the local unit of power distributor CEZ of license.

Business » Energy | February 19, 2013, Tuesday // 20:46 | Viewed: 2089

CEZ License Withdrawal Would Be Strongly Politicized – Czech PM

Czech Prime Minister Petr Necas has argued that a potential withdrawal of the license of energy company CEZ for Bulgaria would be a strongly politicized step ahead of the forthcoming parliamentary elections in the country.

Business » Energy | February 19, 2013, Tuesday // 19:59 | Viewed: 2805

Bulgaria Energy Watchdog Holds Emergency Session on CEZ License

Bulgaria's State Commission for Energy and Water Regulation (DKEVR) held an emergency closed-doors meeting late on Tuesday to discuss a potential withdrawal of the license of power distributor CEZ.

Business » Energy | February 19, 2013, Tuesday // 19:15 | Viewed: 1480

Bulgarian Opposition MPs Boycott Discussion on Energy Act Amendments

Representatives of three opposition parties have boycotted the session of Bulgaria's Parliamentary Economic Committee during a discussion of amendments to the Energy Act concerning the appointment of the members of the State Commission for Energy and Wate

Business » Energy | February 19, 2013, Tuesday // 16:06 | Viewed: 2487

Energy Group CEZ Rejects Regulatory Noncompliance in Bulgaria

Czech energy group CEZ has argued that its activity in Bulgaria is in line with all regulatory and statutory requirements and there is no reason for a withdrawal of its license.

Business » Energy | February 19, 2013, Tuesday // 15:11 | Viewed: 3043

Bulgarian PM Announces Trip to Russia over Scrapped Belene N-Plant

Bulgarian Prime Minister Boyko Borisov revealed Tuesday that he has been invited to Moscow by Russian President Vladimir Putin and Prime Minister Dmitry Medvedev.

Business » Energy | February 19, 2013, Tuesday // 14:07 | Viewed: 2126

Bulgaria PM Rules Out Nationalization of Power Distributors

Bulgaria's prime minister has said that a nationalization of power distributors, which has been proposed to appease public discontent with high electricity bills, is out of the question.

Business » Energy | February 19, 2013, Tuesday // 13:08 | Viewed: 2870

Bulgaria PM: CEZ To Be Stripped of License by End Tuesday

Bulgaria will revoke the license of the local unit of Czech power utility CEZ to operate the country's national grid by the end of the day, the prime minister said on Tuesday.

Business » Energy | February 19, 2013, Tuesday // 12:40 | Viewed: 3467

Bulgaria Prosecutors Press for Stripping CEZ of License

Bulgaria's prosecutor office will propose revoking the license of the local unit of Czech power utility CEZ to operate the country's national grid.

Business » Energy | February 19, 2013, Tuesday // 12:28 | Viewed: 1612

CEZ Bulgaria Power Utility Publishes Privatization Contract

Czech-owned power utility CEZ has issued a statement noting the company has fulfilled all of its obligations under the clauses of the privatization contract from 2004.

Business » Energy | February 19, 2013, Tuesday // 09:50 | Viewed: 2250

Bulgaria Prosecution Starts Probe of Energy Agency Ex Head

The prosecution in Bulgarian capital Sofia has launched proceedings against recently fired head of the national energy regulator agency Angel Semerdzhiev.

Business » Energy | February 18, 2013, Monday // 17:25 | Viewed: 1643

Power Utility CEZ Investigated by Czech Anti-Corruption Police

The Czech anti-corruption police are investigating 70% state-owned power company CEZ AS, which also owns the power utility with the same name in charge of electricity distribution in Western Bulgaria.

Business » Energy | February 18, 2013, Monday // 14:11 | Viewed: 4833

Bulgaria Energy Minister Rules Out Nationalization of Power Distributors

Bulgarian Economy and Energy Minister Delyan Dobrev has said that a nationalization of power distributors, which has been proposed to appease public discontent with high electricity bills, is out of the question.

Business » Energy | February 18, 2013, Monday // 10:45 | Viewed: 2933

Bulgaria May Strip Power Utility CEZ of License amid Protests

Bulgarian energy watchdog is considering the option of revoking the license of the local unit of Czech power utility CEZ to operate the country's national grid.

Business » Energy | February 17, 2013, Sunday // 20:01 | Viewed: 2793

CEZ Bulgaria Offers Compensations amid Mass Protests

The mass protests against high electricity bills that swept Bulgaria's capital Sofia on Sunday has forced Czech power utility CEZ to offer compensations to its disgruntled clients.

Business » Energy | February 17, 2013, Sunday // 17:42 | Viewed: 2117

Brand New Chair of Bulgarian Energy Watchdog Kicked Out

Yuliana Ivanova, the new Chair of the State Commission for Energy and Water Regulation (DKEVR), has been dismissed just four days after her appointment.

Business » Energy | February 17, 2013, Sunday // 15:40 | Viewed: 3975

Fresh Protests against Power Utilities Staged in Bulgaria's Capital

Several hundred protesters rallied in Bulgaria's capital Sofia on Sunday against the excesses of power and heating utilities in a continuation of recent wave of protests over high electricity and heating bills.

Business » Energy | February 17, 2013, Sunday // 11:48 | Viewed: 3368

Bulgaria Energy Minister: Oversight of Power Distributors is Insufficient, Inefficient

Bulgarian Economy and Energy Minister Delyan Dobrev has argued that oversight of the operations of power distributors is partial, insufficient, and inefficient.

Business » Energy | February 16, 2013, Saturday // 16:24 | Viewed: 1816

Ex Bulgarian Energy Minister: Liberalization Will Reduce Opacity, Not Power Bills

Asked to comment on the growing discontent of Bulgarians over high power bills, former Economy and Energy Minister Traycho Traykov has reminded that the country has low electricity tariffs compared to the EU average.

Business » Energy | February 15, 2013, Friday // 16:52 | Viewed: 1945

Central Cooperative Bank Acquires Minority Share in Bulgarian Utility CEZ

Central Cooperative Bank, which is connected with controversial Varna-based security and business group TIM, has acquired a minority share of 9.

Business » Energy | February 15, 2013, Friday // 14:57 | Viewed: 3264

Chair of Bulgaria's Energy Watchdog Hints at Power Rate Reduction

Yuliana Ivanova, newly appointed Chair of Bulgaria's State Commission for Energy and Water Regulation (DKEVR), has suggested that electricity prices could drop.

Business » Energy | February 15, 2013, Friday // 11:45 | Viewed: 1438
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