Energetics
News about production, supply, and pricing of electricity, gas, fuels, and renewable energy sources.
Gyurov on the Prices of Goods and Fuels: We Expect Market Stabilization
Interim Prime Minister Andrey Gyurov commented on the impact of the truce between the US and Iran on fuel and commodity prices. A weekly analysis and price monitoring are forthcoming.
Traycho Traykov: Regulation on Energy Poverty Adopted – Two Ways to Obtain Status
The acting Minister of Energy announced the adoption of a regulation on energy poverty. He pointed out two ways to obtain status: automated for certain groups and by submitting an application.
Traycho Traykov Discusses Reverse Gas Supplies and Energy Connectivity with Romania
Minister Traycho Traykov discussed key energy projects with the Romanian Ambassador, Brândușa Ioana Predescu. The focus was on reverse gas supplies, the development of the Vertical Gas Corridor, and Bulgaria's participation in the Azerbaijan-Georgia-Romania submarine cable.
Traycho Traykov: Temporary Change in Emissions Trading is Key to Energy Stability
The caretaker Minister of Energy discussed energy issues with the French ambassador. The focus is on electricity prices, emissions trading, energy interconnections, and the ministry's priorities.
Ombudsman: 30% increase in heating prices is unacceptable
The Ombudsman's institution strongly disagrees with the proposal for a sharp increase in the price of thermal energy from "Toplofikatsia Sofia" EAD. Ombudsman Velislava Delcheva insists that the Energy and Water Regulatory Commission conduct an in-depth analysis of all components in the proposed price and protect public interests.
Oil Shock on the Horizon: IEA Warns of Critical Shortage and Economic Blow
The IEA warns of a sharp worsening of the oil shortage from the Middle East in April, which will trigger inflation and slow economic growth in Europe, against the backdrop of attacks on energy infrastructure.
The Vertical Gas Corridor: Key Infrastructure for Energy Security in Southeastern Europe
The Executive Director of "Bulgartransgaz" presented the strategic role of the Vertical Corridor at a conference in Egypt. The emphasis is on the importance of the corridor for the supply of liquefied natural gas (LNG) from the Eastern Mediterranean and other regions to Southeastern Europe, including Moldova and Ukraine. The infrastructure in Bulgaria is expected to be completed by the end of the year.
Traycho Traykov and the German Ambassador Discussed the Energy Agenda and Geopolitics
Minister Traykov and Ambassador Plank discussed the energy agenda, including measures for price pressure on fuels, energy connectivity, and the future of "Maritsa East". Emphasis was placed on the role of energy security and diversification of supplies.
Bulgaria and Turkey Strengthen Cooperation on Energy, Security, and Migration
Nadezhda Neynski and Hakan Fidan discussed cooperation in energy, security, and migration, as well as Turkish support for a Bulgarian consulate in Edirne.
EWRC to Discuss Bulgargaz's Proposal for a 5.12% Gas Price Increase for April
The EWRC will review Bulgargaz's proposal to increase the price of natural gas by 5.12% for April compared to March, reaching 34.27 EUR/MWh. The meeting will be held today at 10:00. The price increase is influenced by difficulties in supplies due to the war in the Middle East.
Fuel Price Increase in Bulgaria: Diesel Shows the Biggest Rise
Fuel prices in Bulgaria continue to rise, with diesel experiencing the most significant increase over the past month. Gasoline A95, A98 and propane-butane are also becoming more expensive, while methane remains almost unchanged.
Traycho Traykov: Compensation Mechanism for Fuels, Kozloduy NPP and Negotiations with "Botash"
Minister Traycho Traykov presented details about the compensation mechanism for high fuel prices. Issues concerning Kozloduy NPP, the arbitration case against "Lukoil", and negotiations with "Botash" were also discussed.
Meeting of the Management of Bulgargaztransgaz with US Representatives: The Vertical Gas Corridor and Energy Security
The Executive Director of Bulgargaztransgaz met with the US Special Envoy for Energy Integration, Joshua Volz. Deepening cooperation in the energy sector was discussed, with emphasis on the Vertical Gas Corridor as key infrastructure for energy security.
Traycho Traykov: Coal energy is undergoing transformations and we need to prepare
Traycho Traykov and the trade unions are arguing over the removal of the "Maritza East 2" TPP and the mines from BEH, which is a condition of the Recovery and Resilience Plan, while a moratorium on the actions of the Ministry of Energy is being prepared in Parliament.
Fuel Prices Rise in Bulgaria: Gasoline, Diesel, and Gas Up
Fuel prices in Bulgaria have increased over the last week, with the most significant rise in diesel prices. Analysis of current prices and changes.