News

From Bulgaria
13.12.2017 13:27

Total is preparing for a third exploration well in Block “1-21 Han Asparuh”

Total is preparing for a third exploration well in Block “1-21 Han Asparuh”, according to information the company’s website. The methodology and processes are same as these that were applied for the first exploration well Polshkov-1
12.12.2017 14:53

Future Energy’s clients choose a new supplier until 30 April

The Energy and Water Regulatory Commission (EWRC) has made an explicit amendment to the Rules for Trading with Electric Power (RTEP) in order to solve the issue with Future Energy’s clients after the supplier, by its own request, was removed
08.12.2017 11:04

Plants above 5 MW will be obliged to trade on the energy exchange as of 1 January 2018

As of 1 January 2018, all producers above 5 MW will be obliged to sell their energy on the Independent Bulgarian Energy Exchange. This rule will be applicable also for the plants, which are included in the quota for the regulated market by Bulgaria’s
07.12.2017 12:01

ESO gave Future Energy’s clients an exceptional deadline extension for choosing a new supplier

The Electricity System Operator (ESO) gave Future Energy’s clients a deadline extension for choosing a new supplier as the electricity supplier has been suspended from the market since 2 December. According to different information sources,
06.12.2017 10:52

The analysis on the possibility of a derogation for coal power plants is expected in January

The analysis which would show whether coal power plants would be able to apply for a derogation from the new ecological rules (as set out in the document for best available techniques for large combustion plants), CEO of AES Bulgaria Ivan Tzankov
05.12.2017 12:16

BAS wants BEH to declassify the full report about NPP Belene

Professor Alexander Tassev, head of the Economic Research Institute at the Bulgarian Academy of Sciences (BAS), informed that BAS wants the Bulgarian Energy Holding (BEH) to declassify the full report about NPP Belene. He expressed hope that BEH
01.12.2017 13:22

ENERGO-PRO a.s raised €370 million in corporate bonds issue

Czech ENERGO-PRO a.s. placed its first emission of bonds on 21 December, ENERGO-PRO Varna informed. The emission is in vaue of €370 million in guaranteed uncollateralized Eurobonds maturing on 7 December 2022, with 4% fixed coupon rate and yield
29.11.2017 17:56

Bulgartransgaz starts a feasibility study for a new gas pipeline between Bulgarian borders with Turkey and Serbia

Bulgartransgaz starts a feasibility study for a new gas pipeline between Bulgarian borders with Turkey and Serbia. The starting point of the new pipe is set to be immediately close to the existing connection between the Bulgatransgaz’s and
28.11.2017 14:02

The European Commission continues BEH investigation, Bulgaria refuses to plead guilty

The Bulgarian Parliament obliged the Minister of Energy to undertake all measures safeguarding the national interest in the Commission’s case against the country and the dedicated Deputy Prime Minister will execute the decision, the Deputy
17.11.2017 11:56

Belene NPP might work at an average price of at least €73 per MWh on the exchange

Belee NPP might work at an average price of at least €73 per MWh on the exchange. €73 is the minimum amount of the levelised cost of electricity (LCOE) of the project, while the maximum is €91 for the project duration. This was made
15.11.2017 15:51

Ivanov: Contracts for difference are applicable for RES and cogenerations only

The two so-called American plants cannot enter the free market by contracts for difference. This was commented within the discussions with the European Commission, as was clear from the presentation by the Energy and Water Regulatory Commission (EWRC)
15.11.2017 12:17

Delyan Dobrev suggest a completely new Energy Law

A complete new Energy Law should be prepared and adopted. This was the declaration of the Chairperson of the Energy Committee to the National Assembly (NA), Delyan Dobrev, within his participation in the Seventh Regional Energy Conference. The conference
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Interview

20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
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