Krško nuclear power plant preventively shut down
Krško nuclear power plant is located 100 kilometers east of Slovenia’s capital Ljubljana, close to the border with Croatia
Bulgaria needs EUR 102 million to repair pumped storage hydropower plant
The upcoming reconstruction of the Chaira pumped storage hydropower plant, which is out of order, is expected to be completed in 2025
Second unit of Krško nuclear power plant projected to come online in 2035
The second unit in the Krško nuclear power plant could be in operation in 2035, but project permits are still pending
Krško nuclear power plant to extend operation for another 20 years
The Slovenian government has issued an environmental approval to extend the operating life of the Krško nuclear power plant until 2043
US-based KKR set to take over ContourGlobal
US-based KKR is set to take over Bulgarian thermal power plant Maritsa East 3, as well as wind and solar capacities in Austria and Italy
Končar KET to refurbish HPP Vacha in Bulgaria
A consortium comprising Croatia’s Končar KET and Czech ČKD Blansko Holding has signed a contract to refurbish the 14 MW hydropower plant (HPP) Vacha-1, the accompanying 110 kV switchyard, and other auxiliary systems at the HPP, in cooperation with the Bulgarian state power utility Natsionalna Elektricheska Kompania (NEK EAD), Končar KET has said in a […]
Bulgaria: the drive for full liberalization of the energy market and the upcoming changes
Authors: Dimitar Zwiatkow (Partner), Maria Harizanova (Associate), at Pavlov and Partners Law Firm in cooperation with CMS Reich-Rohrwig Hainz Rechtsanwälte GmbH The electricity market in Bulgaria is undergoing certain major changes, including the introduction of new rules for renewable energy producers, the abolition of the electricity export tariff, and market coupling projects, which will also affect 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 […]