Bulgaria to remove electricity export tariff from July 1, take 750 MW of renewables to free market
Bulgaria’s electricity export tariff will be abolished from July 1, according to a draft proposal of changes to the energy law, the ICIS portal reported. The changes will also bring 750 MW of renewable capacity to the free market, creating more competition and liquidity. Some changes are related to how quotas for the regulated market […]
EU project expected to mobilize EUR 1.4 billion to tackle polluting household heating in Bulgaria
The European Commission has approved a EUR 16.7 million project to improve air quality in Bulgaria, with the EU contribution at nearly EUR 10 million. The LIFE IP CLEAN AIR project will be a catalyst for the mobilization of EU structural funding and national funds worth around EUR 1.4 billion in total to tackle polluting […]
All Bulgarian rivers damaged in some way, 200 HPPs approved on top of 270 built – WWF
All Bulgarian rivers and their tributaries have been adversely affected by pollution, drought, wastewater, extraction of inert materials, and hydropower plants (HPPs), the World Wide Fund for Nature (WWF) has warned. A total of 270 hydropower plants have been built on the country’s 325 rivers, while 200 more HPP projects have been approved in the […]
Massive hike in electricity prices prompts state measures in Bulgaria
Three subsidiaries of state-owned power utility Bulgarian Energy Holding EAD (BEH) will provide an additional amount of electricity on the day-ahead market (DAM) of the Independent Bulgarian Energy Exchange (IBEX) in order to stabilize the market. According to local media, the DAM prices increased 50% in December 2018 compared to December 2017, skyrocketing 200% year-on-year in […]
Fines for sale of low-quality solid fuels for households come into effect
Bulgaria has introduced fines for the sale of low-quality solid fuels for household heating. The fines have been introduced under changes to the Law on Clean Atmospheric Air, which came into effect a few days ago, with fine amounts ranging from BGN 100 to BGN 50,000, the Bulgarian media reported. Fines for selling low-quality firewood […]
Recycling firm Integra Plastics building EUR 40 million plant
Bulgarian polyolefin recycling company Integra Plastics has started building a EUR 40 million plant in the town of Elin Pelin, on the outskirts of the capital Sofia. Integra CEO Julian Belev said in an interview with Bloomberg TV Bulgaria that the plant is expected to open in February 2019 and employ 85 highly qualified members […]
RDF-burning CHP plant project given go-ahead
The Bulgarian government has given the green light to the managing authority of Operational Programme Environment, part of the Ministry of Environment and Water, to sign an administrative agreement on financial assistance with the Sofia municipality and district heating operator Toplofikacia Sofia for the construction of a combined heat and power (CHP) plant utilizing refuse […]
EEX, IBEX to launch Bulgarian power futures
Germany’s European Energy Exchange (EEX) and the Independent Bulgarian Energy Exchange (IBEX) have signed an agreement on cooperation in the Bulgarian power market. As part of the cooperation and subject to the approval of the relevant authorities, EEX will list Euro-denominated and financially settled Base Week, Month, Quarter and Year Futures for the Bulgarian market, […]
