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From Bulgaria
19.06.2017 16:51

CEZ Distribution Bulgaria to Invest More Thank BGN 1.6 M in Grids in June

CEZ Distribution Bulgaria (CEZ Razpredelenie Bulgaria) said it has launched a total of 40 investments in June of this year worth BGN 1.642 m (about EUR 800,000). CEZ said it would invest as much as BGN 619,000 in the capital city of Sofia, namely
19.06.2017 16:28

Sofia Airport with More Than 36% Increase in Passengers in May

Passengers who used Sofia Airport during the month were 559 542 which represents an increase of 36.4%, compared to the same period of the previous year. Those who traveled on scheduled international flights increased by 35%, on charter flights
09.06.2017 14:53

Lack of Qualified Staff Might Undermine Bulgaria's Plans to Build New Nuclear Units

Bulgaria will have to face a lack of nuclear energy specialists as early as 2025, data gathered by Kozloduy NPP – Bulgaria’s sole operating nuclear power plant showed. The alarming forecast is based on the assumption that the tendency
08.06.2017 15:31

TSO Forecast Says Bulgaria Will Suffer an Energy Surplus of 9 TWh/Y in Ten Years

Bulgaria will likely have an energy surplus of up to 8 – 9 TWh per year in 2026, a prognosis of the country’s power transmission system operator ESO showed. The data was unveiled on Thursday during the Bulatom forum in Varna, on the Black
08.06.2017 13:59

European Commission Earmarked €86.6 M from Cohesion Funds for Sofia Metro Line 3

The European Commission announced on Thursday it has adopted a new investment package worth €86.6 million from the European Regional Development Fund (ERDF) to finance further works on the western part of the third line of the Bulgarian capital's
08.06.2017 11:15

AES Bulgaria Unveiled New CEO

Ivan Tsankov Succeeds Olivier Marquette as AES Bulgaria CEO, due to the latter’s transfer at the helm of a newly established company branch called EurAsia. Up until May 31 Tsankov has been commercial director for the power producing company
07.06.2017 12:01

CFDs Considered for the Realisation of Belene NPP Project in Bulgaria

Contracts for Difference (CFD) have are being considered as one of the options for the construction of Belene NPP in Bulgaria, a project that was suspended in 2012 and saw Bulgaria’s power incumbent NEK (National Electricity Company) lose an
05.06.2017 12:29

Gazprom to Collaborate with Bulgaria’s Energy Ministry on Gas Grid Development Projects

Turk Stream, building new pipelines across the Black Sea and gas infrastructure developments were the key topics on the agenda of a meeting between Bulgarian energy minister Temenuzhka Petkova and Gazprom BD chair Alexey Miller held on Saturday in
02.06.2017 13:04

Energo-Pro Grid Renovation Project Worth BGN 100,000

Bulgarian power distribution utility Energo-Pro Mrezhi said it has completed a grid renovation project in the town of Loznitsa in Razgrad Regiona and five villages in the Rousse Region. The investment of nearly BGN 100,000 (about EUR 50,000) is
01.06.2017 12:27

Bulgarian Free Energy Market Association Wants Freezing of Power Pricing

Bulgaria’s Free Energy Market Association (ASEP) has suggested that all pricing components in the end price power consumers pay stay unchanged until a new power market model is accepted. The new market model is expected to introduce new pricing
31.05.2017 15:25

Energy Watchdog Says Power Price for Households Should Go Up by 2%

The Bulgarian Energy and Water Regulatory Commission said the price of electricity for households should go up by up to 1.99 per cent as of July 1. According to the reports of the regulatory work group dealing with power utilities’ pricing
30.05.2017 15:58

Ecopack Adds 22 Bulgarian Municipalities to Its Service Area in 2017

Recycling company Ecopack has already launched a pilot project for door-to-door separate waste collection in the Bulgarian town of Svilengrad. The project is carried out in houses rather than large apartment blocks, Todor Burguzhiev, CEO of Ecopack
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Interview

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