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Balkan Stream expected to pay off in 10 years

Bulgaria has some of the most competitive natural gas prices in Europe. They are significantly lower than the stock market ones and this has happened thanks to renegotiated terms with Gazprom and the contract with Azerbaijan,..

05.02.21 11:54 |

EU to support energy transition in 3 Bulgarian regions at risk

Decarbonisation is a great opportunity for Europeans. But decarbonisation policies also involve a number of risks - social, economic, political, Deputy Prime Minister Tomislav Donchev said at an online conference on the topic of "Climate Policy and the..

01.12.20 11:57 |

Skopje freezes investment in Belene NPP

North Macedonia is temporarily withdrawing from investment in Bulgaria's Belene nuclear power plant and focuses on the Greek gas plant in Alexandroupolis. This was what CEO of North Macedonia's state-owned electricity producer Elektrani, Vasko..

25.11.20 09:32 |

Bulgaria expects full energy diversification starting January 1

From January 1, 2021, Azerbaijani gas will enter Bulgaria and this country will achieve full diversification of energy suppliers, Prime Minister Boyko Borissov said. PM Borissov together with the Minister of Energy Temenuzhka Petkova have checked the..

16.11.20 13:35 |

Bulgaria and USA sign key documents on 5G communications and nuclear energy

In the presence of Prime Minister Boyko Borissov and US Secretary of State Michael Pompeo who joined the meeting via video conference, Bulgaria and the United State s signed key documents in the field of security of 5G networks and nuclear energy for..

23.10.20 19:56 |

Bulgaria to start talks with United States over new nuclear power plant

The government has given permission to the Bulgarian Energy Holding to start talks with US companies that develop technologies in the field of nuclear energy, including technologies related to the so-called small modular reactor. The aim is to..

14.10.20 12:52 |

Bulgaria is highly dependent on lignite for its energy: Eurostat

Nine Member States in the European Union produce lignite, also called 'brown coal', for electricity and heat production , Eurostat data show . Germany is the main producer and accounted for about 45% of total EU lignite production in 2018 followed..

14.09.20 13:26 |

Bulgarian state invests in coal mining at Maritsa East complex

Bulgaria will continue to rely on coal-fired power plants until 2030 with a horizon until 2050 , Bulgaria's Energy Minister Temenuzhka Petkova said after meeting with trade unions at the Maritsa East complex. The Bulgarian Energy Holding will lend..

08.09.20 15:10 |

Bulgaria is preparing for membership in the Nuclear Energy Agency

Bulgaria's future membership in the Nuclear Energy Agency from January 1, 2021 has been discussed in a telephone conversation between Bulgaria'sEnergy Minister Temenuzhka Petkova and the Director-General of OECD's Nuclear Energy Agency (NEA)..

16.06.20 19:08 |
Ivan Ivanov, chairman of the Energy and Water Regulatory Commission

Bulgaria's Energy Regulator promises sharp reduction in heating prices

The price of central heating and heat energy will go down by 14% for the new autumn-winter season, the chairman of the Commission for Energy and Water Regulation Ivan Ivanov has announced.  For Sofia, the price will drop even more - by about 15..

04.06.20 13:50 |
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