News

From Bulgaria
10.03.2017 14:19

Bulgaria Might Have to Shut Sown TPP Units at Maritsa East for Carbon Emissions Breach

The European Commission might launch an infringement procedure against Bulgaria for surpassing carbon oxide emissions threshold in the town of Galabovo, which is in the heart of the country’s coal power producing region – the Maritsa
10.03.2017 11:53

Chinese CRRC Interested in Investing in Bulgarian State-Run Railway Operator

The Bulgarian transport ministry announced on Thursday that it has received an official letter of intent from the world’s biggest producer of railway rolling stock – China Railway Rolling Stock Corporation (CRRC). The letter of intent
09.03.2017 18:14

Teodora Georgieva: Bulgaria’s Contract with SOCAR Not Threatened by Suggested IGB Delay

Bulgaria’s contract with Socar regarding the delivery of 1 bn cub. m of natural gas per year is set in stone, Teodora Georgieva, recently dismissed as CEO of the project company for the construction of the Bulgaria-Greece Interconnector (IGB)
09.03.2017 17:36

Sofia Airport with ‘Catastrophic’ Net Earnings, New CEO Said

The net earnings of Sofia Airport for the last year is ‘cathastrophic’, the airport’s newly appointed CEO Plamen Stanchev said, as quoted by BTA. Stanchev stated that there was an evident disproportion between the number of passengers
09.03.2017 17:25

Bulgaria Risks Losing Its Contract for 1 Bn Cub. M of Gas With Azerbaijan (BEH CEO)

There is an actual risk for Bulgaria to lose its contract for the delivery of 1 bn cub. m of natural gas per year from Azerbaijan, if it fails to speed up work on the gas interconnector with Greece, Bulgarian Energy Holding CEO Petyo Ivanov told
09.03.2017 15:45

36,000 Customers in Bulgaria Switched Electricity Supplier in 2016

Some 36,000 customers have switched their electricity supplier in 2016, data from the Electricity System suggest, as told today by Krasimira Pishtuhina of the Free Energy Market Association (ASEP) today during a forum organized by the Bulgarian Energy
08.03.2017 17:06

Valentin Haralambiev Named CEO of ICGB

The board of directors of the Bulgarian Energy Holding (BEH) announced on Wednesday its decision to replace Teodora Georgieva with Valentin Haralambiev at the helm of ICGB AD, the company that is preparing the construction of the natural gas interconnector
08.03.2017 16:44

Bulgarian Energy Watchdog Starts Investigation on Quality of Power Supply in Sofia Suburbs

In relation to recent media reports regarding the quality of power supply in the villages of Pancharevo and Kokalyane, near the capital city of Sofia, Bulgaria’s Energy and Water Regulatory Commission (EWRC) said it will start an investigation
07.03.2017 14:12

Bulgarian Power Exchange Operator Announced Weighted Average Base Price for 2016

Bulgarian power exchange operator IBEX announced that the weighted average base price for 2016 is 67.29 BGN/MWh (34.42 EUR/MWh). The Independent Bulgarian Energy Exchange (IBEX) is obliged to calculate the average price in relation to the regulation
07.03.2017 08:31

EVN AG Suspends Gorna Arda Hydro Power Project in Bulgaria

Austrian energy group EVN AG announced that it has suspended the project for the construction of hydro energy cascade Gorna Arda in Bulgaria. The local management of the company declined comment. The decision has been included in the financial statement
06.03.2017 13:47

Bulgaria to Have Intraday Power Market in Q4 of 2017

The Independent Bulgarian Energy Exchange EAD (IBEX) and Nord Pool, Europe’s leading power market, have announced on March 1 the signing of an agreement to create the first competitive and transparent Bulgarian intraday power market. After
06.03.2017 10:03

Russia Still Interested in Balkan Gas Hub Project (Russian Ambassador to Bulgaria)

Russia is interested in the Balkan gas hub project, Anatoly Makarov, ambassador of Russia to Bulgaria said in an interview for bTV on Sunday. Makarov stressed that the lack of government in Bulgaria, coupled with the inactivity of the joint intergovernmental
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Interview

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