News

From Bulgaria
25.06.2015 08:43

Deputy-Minister Nikolov: The Ministry of Energy Is Resolved to Continue Reforms in Bulgarian Energy Sector

The deputy-minister of the Bulgarian energy ministry Mr Nikolay Nikolov commented on June 24 the measures taken by the government and the parliament of Bulgaria regarding energy pricing. He made a statement during the opening of the Energy Forum
19.06.2015 14:46

AES Galabovo TPP Reported Lower Rate of Return and Revenues in 2014

The management of the U.S.-owned AES Galabovo TPP reported its financial results for 2014. The revenues of the power plant have dropped from BGN 160 million in 2013 to BGN 130 million (about EUR 2) last year, while the rate of return was about 9
17.06.2015 17:05

Tim Kurth of Aurubis Bulgaria Named President of German-Bulgarian Chamber of Commerce and Industry

The German-Bulgarian Chamber of Commerce and Industry (GBCCI) namedTtim Kurth, executive director of Aurubis Bulgaria its new president. Tim Kurth took over the CEO position at Aurubis Bulgaria from Nicolas Treand in August 2014. Until then he
17.06.2015 14:34

Bulgarian Energy Ministry, NEK Seek Longer Finalisation Period for the Agreements with AES, ContourGlobal

The Bulgarian Ministry of Energy and power incumbent National Electricity Company (NEK) will seek a prolonged period for approval of the contracts they signed with AES Galabovo TPP and ContourGlobal Maritsa East 3 TPP, thus setting the finalisation
15.06.2015 18:20

Bulgarian Industry to Call for the Resignation of the Energy Minister, Energy Regulator Chair

The Bulgarian business will demand the resignation of energy minister Temenuzhka Petkova and the chairperson of the energy regulator Ivan Ivanov, due to “the demonstrative refuse to conduct reforms in the energy sector”, an open letter
11.06.2015 16:34

Nearly 6,000 Consumers on the Liberalised Electricity Market (Bulgarian TSO)

The Bulgarian liberalised electricity market counts 5,917 consumers and 68 traders, data of the Electricity System Operator (ESO) for the end of May, 2015, show. While the fundamental model of Bulgaria’s electricity market is compatible with
09.06.2015 13:39

EUR 54 M Energo-Pro Arbitration Claim Filed Against Bulgaria at ICDID

Czech power company Energo-Pro which manages the distribution grid and supplies customers in Northeastern Bulgaria, has filed an arbitration claim against Bulgaria at the World Bank’s International Centre for Settlement of Investment Disputes
09.06.2015 13:33

Bulgarian Atomic Forum Urges Government to Go Ahead with a New Nuclear Unit

The Bulgarian Atomic Forum (Bulatom) urges the government to go ahead with the construction of a new nuclear unit. Bulatom will send its recommendations and views in a letter to the Prime Minister, the President and the Chairman of the National Assembly,
08.06.2015 10:55

Bulgaria Delays Full Electricity Market Liberalisation at Least by July, 2016

Bulgarian households and small businesses will have the right to choose their electricity supplier freely as of July, 2016, at the earliest, Ivan Ivanov, chairperson of the Energy and Water Regulatory Commission (EWRC) said last week. The commission
03.06.2015 13:00

Modernisation of Bulgaria’s Kozloduy NPP Units 5 and 6 Sticks to Schedule

The modernisation of units 5 and 6 of Bulgaria’s Kozloduy NPP is going according to schedule, Bulgarian deputy energy minister Nikolay Nikolov stated during the official opening of the annual Bulatom conference, which is held in Varna June
29.05.2015 14:49

Bulgaria’s Maritsa East 2 TPP Is Exiting the Regulated Power Market

The Energy and Water Regulatory Commission (EWRC) does not foresee to grant the state-owned Maritsa East 2 TPP a settled availability for the regulated power market. The regulator said in a report that it will not thus approve the electricity and
26.05.2015 16:10

Greek PPC to Obtain License for Electricity Trading in Bulgaria

Greek state power company PPC (Public Power Corporation S. A.) has covered the requirements for obtaining a license for electricity trading in Bulgaria. A public hearing of the results of a regulatory report is scheduled for June 4. PPC has established
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Interview

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