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From Bulgaria
20.02.2014 10:41

S&P lowered the NEK rating as a result of regulations and the loans to BEH

Standard & Poor’s announced on February 18, that it lowers the long-term corporate credit rating on the Bulgarian 100% state-owned electricity utility Natsionalna Elektricheska Kompania EAD (NEK) to 'B+' from 'BB-'. NEK is a subsidiary
19.02.2014 16:17

Bulgarian Regulator Mulls New retroactive Grid Access Fee for Renewables

Bulgaria’s State Energy and Water Regulatory Commission (SEWRC) intends to introduce a new fee for transmission grid access aimed only at wind and solar energy producers selling electricity by feed-in tariffs, sparing conventional and other
14.02.2014 11:17

Bulgarian State Railways Debt Talks to Continue on Governmental Level

German financial institution FMS Wertmanagement has distrained the bank accounts of Bulgaria’s state-owned railway operator BDZ Holding over delayed debt payments amounting to BGN 150 million (about EUR 75 million). Berlin insisted that the
11.02.2014 16:51

Bulgarian Electricity Distributors Request Higher Prices from the Regulator

The price of electricity should go up with at least 7 – 9 percent in order for electric utilities to maintain and guarantee the security of supply, Stefan Abadzhiev, Head of Energo-Pro which operates in Northeastern Bulgaria, said. Energo-Pro’s
10.02.2014 13:36

Bulgaria Unbundles Electricity System Operator from National Electricity Company

Bulgaria’s biggest state-run structure within the national energy sector – the Bulgarian Energy Hilding (BEH), reported on Feb 6, that it has successfully accomplished the final stage of the break-up of the Electricity System Operator
29.01.2014 15:25

Renewable Energy Producers Dispute Deadline for Joining Balancing Market Groups

Bulgaria’s renewable energy producers have been given a mere seven days until January 3 to conclude contracts for participation of balancing electricity market groups. The period was even shorter, pinned at just four days initially by the State
28.01.2014 12:48

Expert Council of Bulgaria’s Environment Ministry Gives Green Light to South Stream

The High Expert Ecological Council of Bulgaria’s Ministry of Environment and Waters has given its unanimous consent for the construction of gas pipeline South Stream on Bulgarian soil. The final decision is to be signed by environment minister
24.01.2014 16:29

Bulgaria and Turkey Announced a Broad Energy Partnership

Sofia and Ankara announced a broad-range energy partnership poised to bring new economic opportunities for Bulgaria and Turkey. A firm decision, with particular parameters and deadlines, has been taken for the construction of a gas interconnector
23.01.2014 15:36

BEH Seeks External Due Diligence for the Re-Nationalisation of Remotex Radnevo

Bulgarian Energy Holding EAD (BEH), which comprises Bulgaria’s biggest state-owned energy companies, announced today that it will seek an external contractor for the complete financial legal and technical due diligence of Remotex Radnevo. The
20.01.2014 17:37

State-Owned Power Plants Propose Higher Electricity Prices to the Business

State-owned power stations Kozloduy NPP and Maritsa East 2 TPP have requested that industrial consumers, required under Bulgarian law to buy electricity on the liberalized market, agree for an upward revision of prices in their power-buying contracts.
15.01.2014 15:55

South Stream Transport Will Store Pipes at Varna and Burgas Black Sea Ports

South Stream Transport announced today it signed an option agreement for the storage and handling of pipe segments with the Port of Varna and the Port of Burgas.  The South Stream Offshore Pipeline will consist of four parallel pipelines through
14.01.2014 17:06

Bulgaria's Nuclear Regulator Will Be Able to License Westinghouse's AP 1000 Technology

Bulgaria’s Nuclear Regulatory Agency (NRA) will have the capacity to license Westinghouse’s AP1000 reactor technology chosen for the construction of a new unit at the nation’s currently only nuclear station at Kozloduy. “Should
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Interview

20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
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 Blockchain – A Step to the Next Energy Revolution?Full text

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 Bulgarian National Recovery & Resilience Plan Full text
 

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