News

From Bulgaria
09.02.2017 15:56

107,781,672 cub. M of Natural Gas Have Been Pumped from Bulgaria’s Chiren UGS

A total of 107,781,672 cub. m of natural gas have been pumped from Bulgaria’s sole underground natural gas storage since the beginning of 2017 until February 6. Accroding to data from the state-run natural gas grid operator Bulgartransgaz 94.3
08.02.2017 16:31

First Belene NPP Equipment to Be Delivered in Bulgaria in April (BEH CEO)

The first batch of equipment produced by Russia’s Atomostroyexport for the cancelled Bulgarian project for Belene NPP could be delivered in April, Bulgarian Energy Holding (BEH) CEO Petyo Ivanov told reporters at a press conference in the Bulgarian
08.02.2017 16:07

Bulgarian EEX Marks New Record Trade Volume on Day-Ahead Market

The Independent Bulgarian Energy Exchange (IBEX) reported a new trading record on its day-ahead segment. A total of 11,887.40 MWh, with average power of 495.3 MW, were traded for day of delivery 9 February 2017. The average price for the session
08.02.2017 10:07

Bulgaria’s Power Exports Ban Terminates on 9 February

Bulgaria’s interim energy minister Nikolay Pavlov has ordered the termination of the temporary ban on power exports at 01.00 EET (00.00 CET) on February 9. The order of the minister came after the country’s transmission system operator
07.02.2017 16:50

Bulgarian Power Distribution Utilities Improve Financial Results

Bulgarian power distribution utilities boast significantly improved financial results for 2016, preliminary statements for last year show. EVN Bulgaria Distribution which operates in Southern Bulgaria reported a net profit of BGN 62.351 m on December
07.02.2017 15:30

Dep.-Energy Minister Becomes Board Member of Bulgaria’s National Electricity Company

Konstantin Delisivkov, deputy-minister of energy in the interim government of Ognyan Gerdzhikov, will replace Hristo Georgiev at the board of directors of Bulgaria’s power incumbent National Electricity Company (NEK). Delisivkov’s appointment
07.02.2017 11:17

Bulgarian Federation of Industrial Energy Consumers Wants Power Export Ban to Remain

The Bulgarian Federation of Industrial Energy Consumers (BFIEC) insists that the ban on electricity exports remains, given the forecast for a new cold spell on Wednesday. Electricity exports were halted in early January due to extremely low temperatures. BFIEC
06.02.2017 17:54

Bulgarian Business Opposes Any Energy ‘Grand Slam’ Revival Ambitions

There will be a considerable opposition on the part of the Bulgarian business, if the country goes ahead with any plans for “big nuclear projects with state involvement or guarantees”, Kiril Domuschiev, chairman of the Confederation of
03.02.2017 14:19

Sofia Water Utility Keeps ROI Unchanged in New 5-Year Business Plan

Sofiyska Voda, the water utility that supplies potable water, sewage, and waste water treatment to the Bulgarian capital Sofia, has decided to keep its ROI unchanged at 17 per cent in its new business plan for 2017 – 2021. During a public discussion
03.02.2017 11:02

Changes in the Board of Directors of Bulgaria’s Kozloduy NPP

Petyo Ivanov, CEO of the Bulgarian Energy Holding (BEH) will replace Jacklen Cohen as chairman of the board of directors of Kozloduy NPP, data from the Bulgarian Commercial Register show. This is the first change in the management of state-run energy
02.02.2017 18:06

BFIEC CEO Named Dep.-Energy Minister in Bulgarian Interim Government

Konstantin Delisivkov, CEO of the Bulgarian Federation of Industrial Energy Consumers (BFIEC), has been named deputy energy minister in the interim government of PM Ognyan Gerdzhikov, a press release by the Bulgarian Council of Ministers announced. Delisivkov
02.02.2017 12:10

Bulgaria Is Overachieving Its Renewables Target (EC Data)

Bulgaria is overachieving its energy targets for renewable energy, scoring 18.5 per cent RES energy in the end consumption at the end of 2015, a report part of the State of the Energy Union unveiled yesterday says. Bulgaria’s target was set
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20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
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