The Bulgarian Stock Exchange (BSE) has applied to the Commission for Protection of Competition for the acquisition of the Independent Bulgarian Energy Exchange (IBEX).
The transmission system operators of Bulgaria and Romania signed an agreement on emergency power supply, which guarantees the security of the countries’ energy systems in case of accidents.
Meeting of the Bulgarian – Russian Intergovernmental Commission for Economic, Scientific and Technical Cooperation
Bulgaria and the Russian Federation will continue to develop and deepen their cooperation in the energy sector.
The Energy and Water Regulatory Commission considers that, as of 1 October, the new rules for the entry and exit tariff model for transmission and capacity of the gas transmission systemл
The Ministry of Energy has published on its website the draft of the updated National Energy Efficiency Action Plan 2014 – 2020.
The Bulgarian Energy and Water Regulatory Commission has published on its website the annual national report to the EC for 2016.
The Bulgarian Energy and Water Regulatory Commission approved new prices for the electricity and natural gas since July 1st.
Accelerating the activities for the construction of the gas interconnection between Bulgaria and Greece
Bulgaria and Greece will work to speed up the completion of the project to build the natural gas interconnector between the two countries. This was confirmed during a meeting of the Bulgarian Minister of Energy, Mrs. Temenuzhka Petkova, and the Greek Minister of Environment, Energy and Climate Change, Mr. Yorgos Stathakis.
The Bulgarian Minister of Energy, Temenuzhka Petkova, proposed to the Macedonian Prime Minister, Zoran Zaev, setting up of a joint working group for exploring the opportunities for construction of natural gas interconnector between the two countries.
The perspectives for the development of the cooperation in the field of natural gas were discussed between the Chairman of the Management Committee of Gazprom, Alexey Miller, and the Bulgarian Minister of Energy, Temenuzhka Petkova, on June 3rd, 2017.
The Bulgarian Energy and Water Regulatory Commission (EWRC) and the regulators of Romania and Greece signed a cooperation agreement.
The Energy and Water Regulatory Commission, the Electricity System Operator and the Independent Bulgarian Energy Exchange officially declared their willingness to take active part in the regional initiative for integration of the electricity market “Western Balkans 6”.
The EC Directorate General for Climate actions approved the proposed allocation of free greenhouse gases allowances of Bulgaria for 2016 under the National Investment Plan 2013 – 2020.
The decision of the Bulgarian Energy and Water Regulatory Commission (EWRC) from April 1, 2017, established the gas price of 363.26 BGN/1000m3 (39.04 BGN/MWh), without excise duty and VAT, for the second quarter of 2017. The price applies to the end suppliers of natural gas and customers connected to the gas transmission network.
On Saturday, the four nationally represented employers' organizations - BICA, BIA, BCCI and CEIBG, presented their priorities to Bulgaria’s President Rumen Radev.
A series of actions to protect the national interest concerning the planned restrictions for the large combustion plants have been taken. This was announced by the Deputy Energy Minister Konstantin Delisivkov, during the discussion on the perspectives of the Bulgarian mining, in the context of the forthcoming changes in the reference document of the Commission on the best available techniques for large combustion plants.
By order of the Minister of Energy Nikolay Pavlov, the ban on export of electricity originating in Bulgaria shall be removed. The change will take effect as of 9th February, 2017.
Bulgarian Energy Minister Temenouzhka Petkova and Serbia's Minister of Energy and Mining Aleksandar Antic signed a memorandum of understanding on the project for the construction of the Bulgaria-Serbia gas interconnector.
The Energy and Water Regulatory Commission (EWRC) approved Q1 2017 prices, at which the public supplier sells natural gas to retailers and consumers connected to the gas transmission network.
The scope of the buildings subject to energy efficiency certification will be expanded - it will include all buildings in operation. This is provided in the amendments to the Energy Efficiency Act, approved by the Parliament today.
Gas transmission operators Bulgartransgaz and Transgaz S.A. have completed the construction of the gas interconnector between Bulgaria and Romania, the Bulgarian energy ministry announced. The interconnector has a total length of 25 km, with 15.4 km on the Bulgarian territory, 7.5 km on the Romanian territory, and 2.1 km underwater traverse of the Danube River. The underwater section, which includes a main and a back-up pipeline, was constructed by Austrian company Habau.
The "National Electric Company" EAD and AO "Atomstroyexport" signed an agreement on the final settlement of relations in accordance with the decision of the International Court of Arbitration in Geneva in case ICC No. 18086 / GZ / MHM.
The Energy and Water Regulatory Commission adopted a final decision as a response to "Bulgargaz" EAD application for approval of prices for the fourth quarter of 2016, at which the public supplier sells natural gas to retailers of natural gas and customers connected to the gas network.
The Parliament approved state aid, allowing "National Electric Company" EAD (NEK) to pay "Atomstroyexport" for the two reactors for NPP "Belene". Lawmakers approved the submitted by the Council of Ministers Bill to provide assistance for the repayment of NEK liabilities.
In Budapest, a meeting of the High Level Group for Gas Interconnection Central and Southeastern Europe has been held. The main emphasis during the talks was the strengthening of the regional cooperation of the countries of Central and Eastern Europe as well as ensuring the security and diversification of gas and power supplies.
The European Bank for Reconstruction and Development (EBRD) continues its credit line for energy efficiency in the residential sector in Bulgaria by providing 20 mln. euros. As part of the programme, 4.4 mln. euros grant are provided by the International Fund "Kozloduy".
The European Commission has approved without objection the measures to alleviate the costs of large industrial consumers for green energy.
The main purpose of the bill is to achieve full transposition of Directive 2012/27/EC and Directive 2010/31/EC into the national legislation.
At today's meeting, the Energy and Water Regulatory Commission (EWRC) approved new prices for electricity, heat, and natural gas, which will be in effect from 1st July 2016.
Key projects of the Bulgarian energy sector will apply for funding under the plan "Juncker". They include four projects of the Electricity System Operator and projects related to the construction of the gas interconnector Bulgarian-Greece.
From 256,000 at present, the new definition will increase the vulnerable consumers of electricity to 500,000 individuals and families, in total 1.1 million persons, which is 14 percent of the Bulgarian population.
At an official ceremony in Thessaloniki, Greece, the construction of the Trans-Adriatic gas pipeline, part of the Southern Gas Corridor, was launched.
The negotiations between BEH and the chosen candidate in the tender procedure for selection of an investment consultant for provision of a bridge loan followed by a bond issue have been completed successfully.
Total E&P Bulgaria, together with its partners OMV Offshore Bulgaria and Repsol Bulgaria, launched today the exploration drilling in the Bulgarian offshore Block Han Asparuh in the Black Sea.
Today Bulgartransgas entered into operation the third of the four modernized compressor stations. The cost of the reconstruction of CS "Strandzha" is nearly 70 million BGN.
As of today, the low voltage users - households and small businesses - can change their supplier of electricity. This became possible after the three electricity distribution companies in the country have developed standard load profiles approved by the Regulator.
The new gas price is 23.02% lower than the previous quarter. Since the beginning of 2015, there is about 48% price decrease.
Legitimate representation and protection of the interests of the energy companies in Bulgaria are the leading priorities of the newly founded National Energy Chamber (NEC).
After the start of operation of compressor station "Ihtiman" in October 2015, today "Lozenets" followed. The reconstruction is part of a project, amounting of over 200 million leva, including modernization of four compressor stations - "Strandja", "Petrich", "Lozenets", and "Ihtiman", through integration of low-emission gas turbo compressor aggregates.
Shell Exploration and Production B.V., part of Royal Dutch Shell Plc., will explore "Block 1-14 Silistar" area for oil and natural gas deposits. The block is situated in the exclusive economic zone of Bulgaria's Black Sea.
The total project cost for the Bulgarian part of the connection is 92.6 million BGN, of which Phase 1 "Design", completed by 31st December 2015, amounted to 3.5 million BGN.
On December 11, 1074 MWh of TPP "Maritsa Iztok 2" were traded during the demonstration test session of the Independent Bulgarian Energy Exchange (IBEX).
The National Assembly decided that the electricity produced from biomass will not be purchased at preferential prices, starting from 01.01.2016.
Shell Exploration and Production (LIX) B.V. will explore for oil and natural gas in Block 1-14 Silistar, which is located in the Bulgarian exclusive economic zone in the Black Sea
Several packages of measures in the energy sector were discussed today at a meeting of employers' organizations with Prime Minister Boyko Borisov, BTA reported.
The national report applies both to the facilities and activities, and presents the policies and programs that cover the entire cycle of safe management of radioactive waste, including disposal.
The Bulgarian Government undertook measures for the financial stabilization of the energy sector. The aim is to reduce the current deficit in the National Electricity Company and to create conditions for the liberalization of the Bulgarian electricity market.
The Bulgarian liberalised electricity market counts 5,917 consumers and 68 traders, according to data of the Electricity System Operator (ESO) as of end of May 2015.
Achieving a favorable and sustainable in the long term investment climate in the energy sector is one of the main goals of the new version of the International Energy Charter.
The new Energy Efficiency Act is harmonized with the requirements of the Energy Efficiency Directive (Directive 2012/27/EC).
NEK expects to save 1 bln BGN from agreement with "AES-Galabovo" TPP and "ContourGlobal Maritsa East 3" TPP.
Today the National Electric Company (NEK) signed amendments to the agreements with the two plants to reduce their price for availability, which are expected to result, until the end of their long-term contracts, in about 1 billion BGN savings for NEK.
The Parliament elected the new commissioners in the Energy and Water Regulatory Commission (EWRC). Ivan Ivanov, nominated by the Reformist Bloc, has been elected Chairman.
To stabilize the financial situation of the energy sector, to balance the relations in the sector, and to ensure the independence of the Regulator in favor of consumers - these are the main objectives of the changes in the Energy Act, which were approved at second reading by Parliament.
A top priority of the government in the energy sector is to ensure its financial stability.
Energy diversification and the preparation of a plan for the development of Bulgaria’s energy future, along with security and legislation, were among the main topics discussed by U.S. Secretary of State and Bulgarian PM Boyko Borisov, during Kerry’s visit to Sofia on 15.01.