News

From Bulgaria
14.01.2014 16:47

Bulgarian Energy Holding Sets Up Future Electricity Exchange Operator

The state-owned Bulgarian Energy Holding (BEH) has set up a new subsidiary which will operate the future electricity exchange of the country. BEH’s new subsidiary – Bulgarian Independent Energy Exchange (BIEE), was registered on Jan 10,
09.01.2014 17:33

Energy Minister Dispersed Rumours of Alleged Bulgarian Energy Holding Closure in 2016

There are no plans for restructuring or closing the Bulgarian Energy Holding (BEH), Bulgaria’s minister of economy and energy Dragomir Stoinev stated today. His statement followed a publication by Pressa Daily stipulating that energy experts
06.01.2014 15:36

TAP and Greece-Bulgaria Gas Interconnector Signed Memorandum for Cooperation

The Trans Adriatic Pipeline AG (TAP) and Interconnector Greece-Bulgaria (ICGB) – the company in charge of the development, financing and construction the Interconnector Greece-Bulgaria (IGB) – have signed a Memorandum of Understanding
20.12.2013 15:50

Bulgarian Energy Regulator Plans Electricity Price Cuts for Households as of Jan1

Bulgaria’s State Energy and Water Regulatory Commission announced that electricity prices on the regulated market will be decreased as of January 1, 2014. Boian Boev, who headed the regulator recently after he left the CEO position at the Bulgarian
18.12.2013 12:16

Bulgaria Gives Mandate to the European Commission for Negotiations on South Stream

Today's meeting on Bulgaria's energy development between energy minister Dragomir Stoinev and energy commissionaire Gunther Oettinger was rescheduled for early 2014, the Bulgarian governmental press centre announced today. Bulgaria’s development
17.12.2013 12:20

MAN Truck and Bus AG to Deliver 126 Articulated Buses for Sofia Public Transport

Bulgaria’s Supreme Administrative Court has revoked a decision of the Competition Protection Commission (CPC) to cancel the selection of MAN Truck and Bus AG as winner in a tender for new articulated buses, related equipment and subsequent
16.12.2013 11:46

Regulator Recalls Business Plans of All Bulgarian Water Utilities

Bulgaria’s State Energy and Water Regulatory Commission (SEWRC) decided on a closed session on December 12 to recall the business plans submitted by water utilities in the country for the regulator’s approval. A total of 56 utilities
14.12.2013 14:14

Another Batch of Pesa Trams Arrived in Sofia

Late last night two more trams produced by Polish company arrived in Sofia, as part of a total of 20 tram cars commissioned by Sofia Municipality. The Pesa Swing 122NaSF trams were transported by special trailers designed for the transportation of
12.12.2013 18:10

Bulgaria Starts Negotiations with Toshiba Corp., Westinghouse for New Nuclear Unit

In what could be considered one of the quickest nuclear energy deals to date, Bulgaria has started negotiating the construction of a new nuclear unit at Kozloduy NPP with Toshiba Corp. using Westinghouse’s AP 1000 reactor technology. The Bulgarian
11.12.2013 14:50

Bulgarian Energy Holding Director Appointed Chief of Energy Regulator

Boian Boev, CEO of the state-owned Bulgarian Energy Holding EAD (BEH), was appointed by the government as chief of the State Energy and Water Regulatory Commission (SEWRC). Boev will take over from Angela Toneva, who resigned yesterday, over alleged
29.11.2013 14:56

Bulgarian Budget Committee Proposed 20% Tax on PV and Wind Income

Bulgaria's budget commission has proposed imposing a 20 percent fee on revenue from wind and solar power installations next year to help it finance incentives for the sector while trying to keep electricity costs down. In a surprise move late on
29.11.2013 14:47

Total Invests EUR 250 Million in Black Sea Gas Exploration near Varna

French oil major Total announced officially on Nov. 28 that it will invest EUR 250 m in offshore oil and gas exploration. Total joined forces with Austria’s OMV and Spain’s Repsol for the exploration of Bulgarian Black Sea block Khan
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20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
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