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From Bulgaria
07.07.2014 11:31Ambassadors Release a Joint Statement on Bulgarian Energy Sector
Ambassadors to Bulgaria of seven of the world’s most influential countries have sent a joint letter to the chairman of the National Assembly Mihail Mikov prompting members of the parliament to sustain from voting certain amendments to the energy04.07.2014 14:30Bulgaria Requests EC State Aid Approval for Indebted Railways
Bulgaria’s transport ministry has made “a final offer” to the State railways’ creditors for 30 percent debt release and subsequent rescheduling for 6 years, transport minister Danail Papazov explained Thursday. The ministry03.07.2014 12:06Bulgarian Incumbent Gets Bigger Share of Power Price
Closing the huge financial gap at the incumbent power company – Bulgaria’s National Electricity Company (NEC, frequently abbreviated as NEK), is the main challenge the energy watchdog had to tackle with electricity pricing for the year02.07.2014 17:46Melrose Resources Awarded Oil, Gas Exploration License Extension in Bulgaria
Melrose Resources OOD, a subsidiary of Ireland’s Petroceltic, has received a license extension of 2 years for exploration and production of oil and natural gas in Galata block in Bulgarian Black Sea waters. Gas fields Kavarna and Kaliakra02.07.2014 13:47Bulgarian RES Producers Warn against Balancing Market Manipulation
A month after Bulgaria started its balancing energy market on June 1, renewable energy producers, one of the most concerned participants of this new Bulgarian power market, or rather a balancing mechanism, alarmed that its functioning has been threatened01.07.2014 17:10Bulgarian Regulator Approves Slight Increase of Electricity Prices
Despite earlier signals about possible slight decrease of electricity prices for households, Bulgaria’s State Energy and Water Regulatory Commission (SEWRC) approved Monday on a closed meeting an increase ranging between 0.64 and 2.78% as of26.06.2014 16:56BGN 1.5 Bn Expenses of Bulgaria’s NEC to Be Compensated via Electricity Prices
Bulgaria’s State Energy and Water Regulatory Commission (SEWRC) presented today during a press briefing previously unannounced data about the expenses of the state-owned energy National Electricity Company for 2010 – 2014, which have26.06.2014 10:28Bulgarian Energy Regulator Alarms EU over PPAs and Renewables Subsidies
Bulgaria’s State Energy and Water Regulatory Commission (SEWRC) sent two complaints to the European Commission (EC) over PPAs considered unlawful state aid to two coal-fired power stations and renewable energy producers. The first complaint25.06.2014 13:59No Date Set for Bulgaria, Westinghouse Agreement on New Nuclear Unit
A cooperation agreement settling the stakeholder structure of a joint venture between U.S. company Westinghouse and Bulgaria for the construction of a new planned unit at Kozloduy NPP is currently being prepared and should be signed in the near future.23.06.2014 15:57Bulgarian Industry Calls for Cancellation of Electricity Tenders
All electricity tenders should be cancelled and no tenders should be organized a month prior to the beginning of the new regulatory period on July 1. These urgent measures have been proposed by three Bulgarian industrial associations – the20.06.2014 15:59Heavy Floods Hit Northeastern Bulgaria
Heavy precipitations exceeding by far the average for June caused severe floods in Northeastern Bulgaria. Considerable damage to infrastructure, real estate and cars, as well as lack of electricity supply have been reported in Veliko Tarnovo, Dobrich18.06.2014 14:54The actions of NEK and SEWRC may lead to new arbitration procedures
In the beginning of June, the Bulgarian State Energy and Water Regulatory Commission (SEWRC/DKEVR) announced its decision, requiring the public supplier NEK EAD and its contracting parties in the existing power purchase agreements (PPAs) –
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