News

From Bulgaria
26.11.2013 10:36

General Electric to Build Two Thermal Units at State-Owned Power Plant

A possible nuclear deal with Westinghouse for the construction of an AP 1000 reactor was not the only news for Bulgaria’s energy sector to stem from energy minister Dragomir Stoinev’s visit to the U.S last week . Following his return
25.11.2013 17:00

Bulgaria Mulls Building New Reactor with Westinghouse

Following his visit to the U.S. last week, Bulgarian energy minister Dragomir Stoinev announced plans to commission a new nuclear unit to Westinghouse without organising a tender. Stoinev commented that the government will decide whether to grant
22.11.2013 16:22

Bulgaria Obtains Over EUR 85 M from Kozloduy Decommissioning Fund

Five new agreements amounting to more than EUR 85 million were signed between Bulgaria’s Ministry of Economy and Energy and the donors of Kozloduy International Decommissioning Support Fund (KIDSF) in London on Nov. 14 and 15. The meeting in
20.11.2013 16:54

Tender for South Stream Construction in Bulgaria to Be Restarted

The tender procedure for choosing the main contractor for the Bulgarian stretch of gas pipeline project South Stream was terminated and should be restarted any time soon, an announcement on the website of South Stream. The estimated cost of the deal
15.11.2013 11:56

Domestic Gas Price Likely to Stay at Current Levels for Q1

State-owned gas supplier Bulgargaz EAD announced yesterday that it will suggest to the State Energy and Water Regulatory Commission (SEWRC) that gas for domestic uses remains at its current price level of BGN 630 (about EUR 315) per 1000 cub. m,
14.11.2013 16:10

The Bulgarian Regulator Decided that CEZ Will Keep Its Licenses

The Bulgarian State Energy and Water Regulatory Commission (SEWRC/DKEVR) decided on November 13, 2013, at a closed meeting, to stop the procedures for the cancellation of two licenses, held by companies of CEZ Bulgaria. The regulatory commission
13.11.2013 13:44

Bulgarian PM Oresharski: Strategic Western Investor Wanted for Belene NPP Project

“We are analyzing the long-term electricity needs in Bulgaria and the region as well as the possibilities of attracting a strategic Western investor,” Bulgarian prime minister Plamen Oresharski said in an interview for Bloomberg, published
08.11.2013 15:11

Bulgargaz CEO Dismissed

Dimitar Gogov, CEO of the state-owned gas company Bulgargaz, was surprisingly dismissed with ex regional director of National Revenue Agency for Vidin - Shishman Chaushev, taking his place. The news has not yet been confirmed by the Ministry of economy
08.11.2013 14:56

Bulgarian Power Exchange AD Applies for Manager of the Future Energy Market

Bulgarian Power Exchange AD (BPE) is the company which applied before the State Energy and Water Regulatory Commission (SEWRC) for obtaining a license to organise the future electricity exchange in Bulgaria. Earlier the regulator’s chairman
04.11.2013 12:15

Bulgaria Seeks Advisor for New Nuclear Unit Construction Roadmap

Bulgarian Energy Holding EAD (BEH EAD), which encompasses seven of the leading state-owned energy companies, announced Nov. 1 that it is opening a procedure for direct negotiation for rewarding a contract with an advisor for the ‘Elaboration
23.10.2013 11:57

South Stream Received Construction Permit in Bulgaria

South Stream gas pipeline has received a construction permit by the Bulgarian Ministry of Regional Development on September 26. The news was not announced by the ministry because it is “usually done by the licensee”, a ministry representative
22.10.2013 10:25

Bulgarian Government Mulls Structural Changes in the Energy Regulator

The members and the functions of the State Energy and Water Regulatory Commission (SEWRC) will undergo changes next year at the latest, Ramadan Atalai, chief of the parliamentary energy commission said, as quoted by Trud newspaper. Members of the
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20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
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