Snow-Induced Power Outages Hit 20 Villages in Smolyan
Amidst heavy snowfall in the Smolyan region, 20 villages and hamlets grapple with partial or complete power outages due to incidents caused by the severe weather conditions
EVN AG has informed all stakeholders the project for the realization of the Hydro Power Cascade is put on hold.
In a statement, EVN says the announcement comes "in relation to its legal obligations as a Vienna Stock Exchange listed company."
This is reported in the financial report of EVN AG for the first quarter of 2016/17.
The shareholder agreement between EVN AG and NEK for establishing a company for the construction of Hydro Power Cascade Gorna Arda was signed on July 19, 2010.
The development followed a pullout of Turish company Ceylan from the project.
EVN owns 70% of the project, while the National Electricity Company (NEK) has a 30% stake.
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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
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
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
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
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"
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
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