Bulgarian PM has accepted Energy Minister resignation over CEZ deal
Bulgarian Prime Minister Boyko Borisov accepted the resignation of Energy Minister Temenuzhka Petkova who decided to quit her position in order to avoid all doubts about her possible influence in the CEZ deal. Earlier last week, Czech power utility CEZ agreed to sell its Bulgarian assets to the Bulgarian company Inercom, the small family-owned business […]
BSE-Sofia takes over Bulgarian Energy Exchange
The state-owned Bulgarian stock exchange (BSE-Sofia) acquired 100% of the Independent Bulgarian Energy Exchange (IBEX) in a deal worth EUR 2.6 million. IBEX was established January 2014, as a fully-owned subsidiary of the state-owned Bulgarian Energy Holding (BEH). “EUR 2 million was paid upon the acquisition of the shares, while the remaining EUR 600.000 will […]
EC asked Bulgaria to comply with Third Energy Package
Arguing that Bulgaria has not transposed Third Energy Package electricity and gas directives into its national legislation, the European Commission asked Bulgaria to comply with the legislative package and correctly implement two directives concerning the common rules. Bulgaria now has two months to transpose the directives into its national legislation. Otherwise, the Commission may decide […]
Bulgaria’s NEK calls for tender for Chaira HPP rehabilitation
Bulgarian National Electricity company (NEK) has invited sealed tenders from contractors from all over the world for the rehabilitation of pumped-storage hydro power plant Chaira, located in the Rila mountains, some 100 km from Sofia. The call for tender, published at the NEK website, says that subject of the tender are all activities and components […]
Bulgaria’s electric vehicle charging network to be extended
Electric mobility in Bulgaria is gaining momentum. Swiss power and automation company ABB recently announced its plan to further extend the charging station network for electric vehicles in Bulgaria, while the US-based electric car company Open Motors expressed interest to invest in Bulgaria. In partnership with ABB, Bulgaria’s largest electric vehicle (EV) company, eMobility International, […]
GGE responsible for two energy efficiency projects in Bulgaria
The leading regional energy services provider, Slovenia’s GGE has been responsible for two projects in Bulgaria, both primarily aimed to increase energy efficiency: at Cremio’s factory it has just finished installing LED lighting system while in Orgachim has initiated a heating system renovation. A few days ago, an entirely new LED lighting system was installed, […]
Bulgaria’s ESO has received grant to increase energy efficiency
The Bulgarian Electricity System Operator (ESO) has received a grant from the Operational Program Innovation and Competitiveness (OPIC) 2014-2020, to improve its energy efficiency. The contract for implementation of this large-scale program was signed earlier this week and it will include ESO’s 273 sites across Bulgaria. Under the Energy Efficiency Implementation Program, 520.000 bulgarian lev (EUR […]
Bulgarian, Macedonian TSOs to conduct joint auctions for capacity allocation
Bulgarian electricity transmission system operator ESO and its Macedonian peer MEPSO have signed an agreement to conduct joint auctions for capacity allocation, the Bulgarian transmission system operator (TSO) said in a statement. The document was signed by ESO CEO Ivan Yotov and MEPSO General Director Sašo Vasilevski during a joint session of the governments of […]