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September 7, 2016

EBRD unveils enhanced home refurbishment funds 

The European Bank for Reconstruction and Development set EUR 20 million in loans for energy efficiency measures for households, enhanced by a grant of EUR 4.4 million from the Kozloduy…

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August 17, 2016

Industry saving EUR 48 million per year on green power costs

As earlier this month the European Commission approved Bulgarian state aid system of support for generation of energy from renewable sources from 2011, the measures will be implemented retroactively, from…

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Bulgaria

August 1, 2016

Bulgaria in breach of rules on energy consumption

The European Commission said it sent a reasoned opinion to the government in Sofia to request the correct transposition of all the requirements of the Energy Performance of Buildings Directive…

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July 25, 2016

Piraeus Bank Bulgaria to finance residential energy efficiency

The European Bank for Reconstruction and Development (EBRD) said it is providing a EUR 10 million loan complemented by technical assistance to Piraeus Bank Bulgaria (PBB). The loan is provided…

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July 15, 2016

Dobrudja-Burgas overhead line gets EU funding

Member states of the European Union agreed on a proposal from the European Commission to invest EUR 263 million in key trans-European energy infrastructure projects. Of the nine projects, four…

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July 12, 2016

ČEZ lauches arbitration proceedings for its investment

Bulgaria’s failure to observe the investment protection provisions of the Energy Charter Treaty was cited by ČEZ Group for its decision to file a request for arbitration with the World…

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July 8, 2016

Seraw inks contract for radioactive waste repository

Bulgarian State Enterprise Radioactive Waste SE (SERAW) said it signed a EUR 72 million contract to build a radioactive waste disposal facility for its Kozloduy nuclear power plant. It should…

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June 17, 2016

EBRD plans loan for CEZ Distribution’s grid in Bulgaria

The proceeds of a loan being considered by the European Bank for Reconstruction and Development are set to be used by CEZ Distribution (Razpredelenie) Bulgaria a.d. The target date for…

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June 14, 2016

UBB to finance energy efficiency in homes with EBRD’s loan

The European Bank for Reconstruction and Development said it is providing a EUR 5 million loan and technical assistance to the United Bulgarian Bank (UBB) to finance investments that will…

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June 7, 2016

Public supplier turns to court for electricity debt

National Electricity Company (NEK), Bulgarian government-controlled utility, initiated arbitration and cases in commercial courts against companies EVN Elektrosnabdiavane, ČEZ Electro, and Energo-Pro Sales, which supply power to consumers. Energy minister…

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June 3, 2016

Electricity market makes progress with imbalances

Energy companies registered improvements in the regulated and liberalized power market, with part of imbalances out of the way, Publics.bg reported. Still, there are obstacles remaining from the past, according…

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March 23, 2016

Producers, Associations establish National Energy Chamber

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). Its establishment was officially announced…

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