Energetics
News about production, supply, and pricing of electricity, gas, fuels, and renewable energy sources.
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.
Vasilev: The electricity price cap for businesses needs to be reinstated
Asen Vasilev from PP called for the re-establishment of the electricity price cap for businesses. He emphasizes that high electricity prices are a major driver of inflation, and the caretaker government needs to act quickly.
Parliament Mandates Government to Suspend EU ETS
The Energy Committee unanimously adopted a draft to mandate the government's position in the European Council for the temporary suspension of the Emissions Trading System (EU ETS). The decision aims to protect industry and jobs, as well as limit price volatility.
The energy sector reform will happen - interim minister Traykov
Interim Minister of Energy Traicho Traykov commented that the reform in the sector will take place, regardless of the Recovery and Resilience Plan. He emphasized that delaying the process is a wrong strategy and that there are significant financial resources that must be used for future development. The minister pointed out that the goal is for no one to lose from the carbon transition.
Electricity Prices Rise by Over 20% on March 17th on the BNEB
On the Bulgarian Independent Energy Exchange (BNEB), the price of electricity for tomorrow (March 17th) increases by over 20% compared to today. The average price is 121.31 euros per megawatt-hour.
Traycho Traykov on Fuel Prices and Compensations
Minister Traycho Traykov commented on rising fuel prices, measures to deal with high prices, and the possibility of compensation for the most vulnerable. The situation with the Recovery and Resilience Plan was also discussed.
Neynski: Bulgaria is in a better position due to gas and oil supplies
Minister Neynski commented on the situation with fuel supplies and the potential impact of the conflict in the Middle East. Bulgaria is in a better position compared to other European countries due to a different supply route. Risks, measures to combat speculation, and potential consequences of the escalation of the conflict were discussed.
Meeting between Energy Minister Traykov and the US Ambassador: Energy issues discussed
Minister Traycho Traykov and the acting US Ambassador H. Martin McDowell discussed energy issues, including the extension of the derogation for "Lukoil", the Kozloduy NPP project, and the Vertical Gas Corridor.
Kozloduy NPP Announces Public Procurement for Repairs in 2026 for Over 65 Million Euros
Kozloduy NPP has initiated a procedure for the repair of power units in 2026, valued at over 65 million euros. Executive Director Ivan Andreev informed about the details and the problems with the membranes and steam generators.
"Democratic Bulgaria" Demands Explanation for Fuel Prices from "Lukoil"
MPs from "Democratic Bulgaria" are demanding an explanation for fuel prices from a representative of "Lukoil". They accuse the company of speculation and are calling for the intervention of the NAP and the CPC. Other current political topics are also being discussed.