News

From Bulgaria
18.12.2015 14:42

PIMK Enters Bulgarian Rail Freight Transport Market

Cargo transport company PIMK Rail will be applying for a rail freight transport license in early 2016, standartnews.com reported citing Green Cargo Transport Cluster official. The company is expecting to be licensed by Easter, 2016. The Plovdiv-based
16.12.2015 15:26

Kozloduy Support Fund Approved New Decommissioning Projects

On 3rd of December 2015, a session of the Assembly of the Contributors of the Kozloduy International Decommissioning Support Fund (KIDFS) was held in London, UK. The Bulgarian delegation participating in the forum was led by the deputy Minister of
15.12.2015 15:45

Chinese Delegation Visited Bulgaria’s Kozloduy Nuclear Station

A delegation of Chinese nuclear stations operator representatives, has visited Bulgaria’s only nuclear power plant at Kozloduy. Bulgarian vice-PM Tomislav Donchev, minister of energy Temenuzhka Petkova, her deputy Nikolay Nikolov, and Kozloduy
15.12.2015 12:26

Shell Bulgaria Concedes 7 Petrol Stations to Litex Commerce

Shell Bulgaria announced that it will concede seven petrol stations to Litex Commerce. The Dutch group said it considers these petrol stations unfeasible, with Litex also not to run them commercially, Capital Daily reported. The petrol stations
11.12.2015 17:07

Creating a Community of Educated Software Buyers in SEE

Last year at E-World in Essen, Germany, one of the take home messages for us was “Money is made at the frontiers”. Luckily for us, Southeast Europe is one such frontier for the development of energy markets and it comes with a set of
10.12.2015 17:44

Bulgaria, Greece Sign ICGB Gas Interconnector Final Investment Decision

During an official ceremony held today in Sofia, representatives of the stakeholders of the ICGB project company – the state-owned Bulgarian Energy Holding (BEH) and IGI Poseidon, including Greek DEPA and Italian Edison, signed today the final
10.12.2015 11:04

TPP AES Galabovo will have new Plant Manager in 2016

Effective January 2016 Todor Belezhkov will assume the position of AES Galabovo Plant Manager. He is taking over from Roy Reid who has been taking this position for the last 10 years, the AES Galabovo press office announced today in an e-mailed statement. Todor
07.12.2015 16:46

Bulgarian Energy Security Fund Might Apply Contracts for Difference

The future model of the Bulgarian electricity market might make use of bilateral contracts for difference, so that the feed-in tariffs for renewable energy are guaranteed in a liberalised environment, Bulgarian Energy and Water Regulatory Commission
04.12.2015 14:34

Bulgarian Energy Security Fund to Start Payments to NEK

The Bulgarian Ministry of Energy announced on Wednesday that it has named Dian Chervenkomdev, ex-PM of the GERB party, the head of the Security of the Energy System Fund. Meglena Rusinova, chairperson of the Bulgarian Photovoltaic Association, and
03.12.2015 15:30

Bulgarian State Railways to Receive BGN 175 M Subsidy in 2016

The indebted Bulgarian state-owned passenger railway carrier BDZ will receive a BGN 175 m-subsidy (about EUR 80 m) state aid in 2016. The decision passed second hearing despite opposition from certain MPs, who stated that the income from the concession
02.12.2015 12:30

March 31 Set as Conditional Date for Power Supplier Switching Start for Bulgarian Households

The 31st of March 2016 is the conditional date when households and small business will have the actual opportunity to switch their electricity suppliers, Bulgarian Energy Ministry said on Tuesday during the closing event of a series of energy liberalisation
30.11.2015 13:33

Bulgaria Launched Onshore Oil and Gas Tender for 1-24 Kitka Block

Friday Bulgaria’s government has announced the launch of tenders for two onshore natural gas blocks – Kitka, near the northeastern city of Varna. The 1-24 Kitka Block has a surface of 704 sq. km. The permit for Kitka will be for a period
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Interview

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