News

From Bulgaria
25.11.2016 11:34

Bulgaria: The Rate of Energy Consumption Decrease Stagnates at 1.26%

The rate of energy consumption decrease in Bulgaria has slowed down from some 2% to 1.26%, data from the Electricity System Operator (ESO) show. On November 20 energy consumption in the country amounted to 33.239 million MWh. Electricity production
15.11.2016 15:44

No Change in the Temp of Electricity Export in Bulgaria

The export of electricity continues to its decrease despite the cold weather, data from the Bulgarian Transmission System Operator show.  From January till 13 November the export of electricity has decreased with 39.31% in comparison with the
10.11.2016 12:24

Bulgaria – Romania Interconnector Starts Operation on November 11

Gas transmission operators Bulgartransgaz and Transgaz S.A. have completed the construction of the gas interconnector between Bulgaria and Romania, the Bulgarian energy ministry said in a statement. The interconnector has a total length of the interconnector
09.11.2016 10:34

148 Bulgarian Companies Requested State-Aid for RES Energy

A total of 148 Bulgarian companies have filed requests for state-aid in order to decrease their expenses for renewable energy, the Bulgarian Ministry of Energy said for Publics.bg. This number includes all companies which requested state-aid for
07.11.2016 11:14

Bulgarian Energy Holding Has Paid the Interest for the First Bond Issue

The Bulgarian Energy Holding (BEH) has made a coupon payment as part of its first bond issue which took place in 2013. The payment was completed on November 3. The coupon payment is being carried out once a year and amounts to EUR 21.25 million.
04.11.2016 17:17

Bulgaria’s Kozloduy NPP Reports 70% Decrease of Earnings

The gross earnings of Bulgaria’s state-owned Kozloduy NPP have dropped with nearly 70% on a yearly basis. According to the latest financial statement of Kozloduy NPP, its earnings for the first three quarters of 2016 dropped to BGN 39 m (about
04.11.2016 14:57

CEZ Bulgaria Starts Decommissioning of Varna TPP

CEZ Bulgaria is starting the decommissioning of the first three units of Varna TPP, a request for a change to the power plant’s license with the energy regulator unveils. The request is for permission for the decommissioning of units 1, 2 and
03.11.2016 14:34

CEZ Distribution Bulgaria Signs EUR 116 Million Credit Agreement with the EBRD

CEZ Distribution Bulgaria announced that it has signed on Wednesday an agreement with the European Bank for Reconstruction and Development (EBRD). The electricity distribution company will this receive up to EUR 116 million financing for its 2016
01.11.2016 12:07

The Reactors for Belene NPP Could Be Built at Kozloduy NPP (Bulgarian Energy Minister)

There are no technical hinders before building the reactors meant for Belene NPP at the site of Kozloduy NPP, Bulgarian energy minister Temenuzhka Petkova told bTV in an interview. The statement follows that of Bulgarian PM Boiko Borisov on Sunday
28.10.2016 17:18

Total Announced Oil Discovery in Bulgarian Offshore Block Han Asparuh

French oil major Total said it has discovered oil in the Black Sea block Han Asparuh, off the Bulgarian coast, offshoreenergytoday.com reported. In its 3Q 2016 report on Friday, the oil company said it made the discovery in the Black Sea during
28.10.2016 11:55

Overgas Terminates Contract with Bulgargaz as of 2017

Overgas Networks have declared their willingness to terminate their contract with state-owned gas supplier Bulgargaz as of Jan 1, 2017. Nikolay Pavlov, CEO of Bulgargaz said in an interview for BNR that the incumbent gas supplier was still feeding
28.10.2016 11:24

Bulgarian Energy Exchange Closed First Bilateral Contract Deals

The first tenders in the bilateral contracts platform of the Independent Bulgarian Energy Exchange (IBEX) were concluded on October 25 at average prices of BGN 72 and BGN 73 per MWh, IBEX announced . The first tender was held at 13.00 EET on October
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Interview

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