News

From Bulgaria
02.09.2016 12:08

Bulgaria’s NEK Requests Electricity Trading License Extension

Bulgaria’s state-owned power incumbent National Electricity Company (NEK) has requested that its license for electricity trading and coordinating a balancing group be extended with 10 years. The Bulgarian energy watchdog is to assess whether
26.08.2016 15:25

Bulgarian Industrial Associations: Small RES Producers Have Received Unauthorised State-Aid

Bulgarian Federation of Industrial Energy Consumers (BFIEC) and three other industrial associations have sent an open letter to Bulgarian officials, urging them to remove a paragraph from the Bulgarian Energy Act which perpetuates an allegedly unauthorised
26.08.2016 12:59

Bulgarian Energy Minister Talked Belene NPP with China’s CGN

Bulgaria’s minister of energy Temenuzhka Petkova has met July 25 with representatives of China General Nuclear Power Group (CGN). The meeting was arranged following the official expression of interest in nuclear energy partnership by the Chinese
24.08.2016 11:50

Bulgaria’s Maritsa East Mines Seek BGN 28 Million Loan

Bulgaria’s Maritsa East Mines have re-launched a call for a loan through overdraft totaling BGN 28 m (about EUR 14 m), the Bulgarian Energy Holding – parent structure of the mines, said in an announcement on its website. BGN 8 m will
23.08.2016 10:26

EBRD Backs Bulgarian Energy Holding Bond

The European Bank for Reconstruction and Development (EBRD) has invested EUR 80 million in a five-year EUR 550 million bond issued by Bulgarian Energy Holding (BEH) to support reform of the Bulgarian energy sector, the EBRD said in a press release
22.08.2016 11:25

Maritsa East Mines Start Power Purchase on the Bulgarian Power Exchange

Bulgaria’s state-owned Maritsa East Mines started buying electricity on the liberalised market through the Independent Bulgarian Energy Exchange (IBEX), CEO Andon Andonov said on Sunday, as reported by Capital.bg. Andonov told reporters that
12.08.2016 12:47

Bulgarian PM: Belene NPP No Longer a Hypothesis

The Bulgarian government is envisaging different options for the Belene NPP project and does not exclude the possibility to have the nuclear power plant built, should a private investor engage in it, Bulgarian Prime-Minister Boyko Borisov said in
10.08.2016 17:27

Over 200 Bulgarian Companies to Get BGN 500 M Off of Their RES Expenses

A planned partial exemption of renewable energy expenses via state-aid will be available to more than 200 companies in Bulgaria. The expected budget to be provided is around BGN 94 m per year (about EUR 47 m per year), or some BGN 500 m for the period
10.08.2016 12:52

The EC Approved RES State-Aid for Bulgarian Industrial Power Consumers

The European Commission (EC) has approved without objections a set of measures aimed at supporting Bulgaria’s energy intensive users by alleviating some of their renewable energy expenses. The measures will be retroactive, starting August 1,
09.08.2016 17:38

Bulgarian Energy Minister Invited Rosatom for Workgroup Meeting on Belene NPP Project

Bulgaria’s minister of energy Temenuzhka Petkova has sent a letter to Sergey Kiriyenko, director of the Russian state-run atomic energy company Rosatom, for setting the members of the work group for the Belene project. Bulgaria will be represented
09.08.2016 10:22

Start of Bidding Phase for Greece-Bulgaria Natural Gas Interconnector

ICGB AD, project company developing the Gas Interconnector Greece-Bulgaria (IGB), equally controlled by IGI Poseidon SA of Greece and Bulgarian Energy Holding EAD of Bulgaria, has announced August 8 the launch of the 2nd Bidding Phase of the IGB
29.07.2016 14:55

Bulgaria and Russia Form Work Group for the Cancelled Belene NPP Project

Bulgaria and Russia will form a work group which will be assessing the options for utilising the nuclear equipment produced by the Russian side for the cancelled Belene NPP project in Bulgaria. The work group is formed following the decision of the
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Interview

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