With its decision of June 28th, 2019, the Bulgarian Energy and Water Regulatory Commission (EWRC) approved the price of natural gas for the third quarter of 2019 at the amount of 44,90 BGN/MWh (excluding excise duty and VAT). It is lower by 0,27 BGN/MWh or 0,60% than the price for the second quarter of 2019.
Two key public procurement procedures for the Gas Interconnection Greece-Bulgaria have been finalized
The company ICGB AD that implements Gas Interconnector Greece-Bulgaria project successfully finalized two more public procurement procedures.
With its decision of March 28th, 2019, the Bulgarian Energy and Water Regulatory Commission (EWRC) approved the price of natural gas for the second quarter of 2019 at the amount of BGN 45,17 per MWh (excluding excise duty and VAT).
The ICGB project company has successfully completed the public procurement procedure for the selection of Owner’s engineer for the construction of the Greece - Bulgaria natural gas interconnector. Following an open procedure, the commission assigned by the contracting authority selected the “TIBEI” consortium as a contractor.
Bulgargaz EAD has announced a tender for delivery of about 144 million cubic meters of natural gas from April to June 2019, intended to be stored in the Chiren Underground Gas Storage Facility.
ICGB AD has submitted to the regulators of Bulgaria and Greece the Network Code for the IGB gas pipeline, thus finalizing successfully the next step of the process towards the certification as an independent transmission system operator.
In fulfilment of the decision approved by the Council of Ministers and the National Assembly amending the 2020 Energy Strategy of the Republic of Bulgaria and having regard to the realization of the concept for establishment of a gas distribution hub on the territory of Bulgaria, Bulgartransgaz EAD registered a subsidiary, Balkan Gas Hub ЕAD
With its decision of December 28, 2018, the Bulgarian Energy and Water Regulatory Commission approved the price of natural gas for the first quarter of 2019 at the amount of BGN 44,80 per MWh (excluding excise duty and VAT).
With the signing of the Memorandum of Understanding for cooperation in the development of the Balkan gas hub, the Bulgarian gas transmission operator Bulgartransgaz EAD and the Austrian Central European Gas Hub (CEGH) undertook to cooperate and support the development of the gas distribution center on the territory of our country through exchange of know-how and good practices with regard to its construction, as well as information on EU legal and regulatory issues.
The capital of the Bulgarian Burgas-Alexandroupolis oil peline project company increases by BGN 120 thousand
At its today’s session, the Council of Ministers decided that the capital of the “Burgas-Alexandroupolis Project Company – BG” will be increased by BGN 120,000 through the issuance of 1200 new shares. The shares will be acquired by the state through the budget of the Ministry of Energy.
The Bulgarian Electricity System Operator EAD started the construction of a new 86-kilometer power line between Varna and Burgas substations (Dobrudzha-Burgas). The construction of the power line is expected to improve the security of South East Europe's electricity transmission system. At the same time, the security of the interconnections between Bulgaria and Romania will be ensured.
A working group, formed by the Bulgarian Energy Minister, emcompassing experts from the Ministry of Energy, companies from the group of the Bulgarian Energy Holding EAD and the Sustainable Energy Development Agency, analyzed the financial and economic situation of TPP Maritsa East 2 EAD and developed proposals to stabilize the company
The energy Regulators of Bulgaria and the Republic of Macedonia discussed specific issues for deepening bilateral cooperation
The Bulgarian Energy and Water Regulatory Commission (EWRC) and the Energy Regulatory Commission of the Republic of Macedonia have the will to develop and deepen bilateral cooperation on all topics of mutual interest in the field of electricity, natural gas and water services.
The Council of Ministers approved the update of the Energy Strategy of the Republic of Bulgaria until 2020
The proposal for amendment of the document was made by the Minister for Energy on the grounds of Art. 4, paragraph 2, item 1 of the Energy Act. The main motif is the implementation of key activities for the development of the gas transmission infrastructure in the Republic of Bulgaria
Lower settlement fee for the segment Centralized market for bilateral contracts from 1st November 2018
The Independent Bulgarian Energy Exchange has announced a reduction of the settlement fee for the market segment CMBC from 0,03 BGN/MWh to 0,01 BGN/MWh as of November 1st.
The Bulgarian Regulator has published the new prices of energy generated in high-efficiency cogeneration power plants in connection with the change in gas prices from October 1st, 2018.
A new Advisory Forum was established of the National Regulatory Authorities of Bulgaria, Greece, Serbia, Republic of Macedonia and Montenegro at the meeting held on 29 September in Thessaloniki. The Energy and Water Regulatory Commission of the Republic of Bulgaria, which initiated the Forum’s creation, was elected as its President during the first year of operation.
The Energy and Water Regulatory Commission has approved the prices at which Bulgargas EAD will sell natural gas to the end supplier and customers connected to the gas transmission network during the last quarter of 2018, which is 13,89% higher than the current price.
An amendment in the Energy Act allows the Regulator to express opinions on deals for acquisition of assets by energy companies
This was decided at the second discussion of the amendments to the Energy Act, with the specific proposed text being: “The Commission shall express opinions following the authorization or approval by other state bodies competent to deal with the transactions”.
The Independent Bulgarian Energy Exchange (IBEX) and the Electricity System Operator (ESO) have become partners in the Local implementation project 15 on interconnecting the Intraday Markets (IDM).
Between 2014 and 2017, 5 056,3 GWh of energy was saved as a result of the implementation of energy saving measures in all sectors of the economy
Electricity generation from wind, solar and biomass plants in Bulgaria dropped by 7,6% since the beginning of the year.
The Bulgarian Government has approved a draft for the amendment of the Renewable Energy Act
Changes will be introduced in the ordinance on the reduction of the burden associated with the costs for energy, generated from renewable sources
Experts from the Ministry of Energy, Ministry of Finance, Ministry of Economy and the employers’ organizations will start working on a project for updating the ordinance, which allows companies to use a discount on the component in the electricity price related to renewable energy.
The Council of Ministers has adopted changes in the national policy framework for the development of the alternative fuels market in transport sector and for the deployment of the corresponding infrastructure.
The state oil company of Azerbaijan, SOCAR, confirmed its intention to invest in the gas distribution network on the territory of Bulgaria
The Energy and Water Regulatory Commission has adopted a decision in connection with the application of Bulgargaz EAD for approval of prices for the second quarter of 2018, at which the public supplier sells natural gas to the end suppliers and to the customers connected to the gas transmission network.
The Electricity System Operator drafts changes of the rules for the management of the power system
In the presence of the Minister responsible for Energy, Temenuzhka Petkova, Bulgartransgaz EAD and the selected Bulgarian-Swiss Consortium "AF-EMG Consult" signed the contract for preparation of a feasibility study for the Balkan gas hub
The energy regulators of FYROM, Greece, Montenegro and Serbia support the proposal of the Bulgarian Energy and Water Regulatory Commission to establish a permanent Forum.
The Council of Ministers has decided to support Poland in it appeal against the European Commission’s decision of 31 July 2017
New rules for the operation of the Centralized Market for Sale/Purchase of Electricity through Bilateral Contracts enter into force today.
By its decision from 28.12.2017, EWRC approved the price at which Bulgargaz EAD would sell natural gas
The Ministry of Energy has presented for public discussion changes in the Energy Act.
The Ministry of Energy reports on 8 130 t CO2 emissions saved annually as a result of the “Energy efficiency and renewable energy” Programme
The Ministry of Energy expressed satisfaction with the results of the first programme period of the “Energy efficiency and renewable energy” Programme
The governments of Bulgaria and FYROM signed two agreements for cooperation in the energy sector.
The new 10-year license for the exploitation of Unit 5 of the Kozloduy Nuclear Power Plant enters into force today.
The Minister responsible for energy presented the priorities of the Government in the energy sector during the Bulgarian EU Presidency
The Bulgarian Minister for Energy presented the priorities of the Government during the European Presidency to the employers’ organizations and energy companies.
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.