Energetics
News about production, supply, and pricing of electricity, gas, fuels, and renewable energy sources.
State Enterprise "Radioactive Waste" Receives Funding for 2026
The caretaker government allocates 6.053 million euros for 2026 to the State Enterprise "Radioactive Waste" for the management of radioactive waste and decommissioning of nuclear facilities. The funding comes from dedicated funds under the Ministry of Energy.
Government allows derogation for Kozloduy NPP for supplies from Russia
The outgoing government has allowed Kozloduy NPP to import iron and steel products from Russia for the maintenance of the plant, in order to ensure nuclear safety and the stability of electricity production.
Emergency inspections of energy companies due to electricity bills
The Ministry of Energy is starting inspections of electricity distribution companies and end suppliers due to reports of inflated electricity bills. Attention will be paid to reporting periods and the quality of electricity supply.
Electricity Prices Fall: BNEB Prices for Tomorrow
Electricity on the Bulgarian Independent Energy Exchange (BNEB) is becoming cheaper. The average price for tomorrow is 143.14 EUR/MWh, which is a decrease of nearly 7% compared to today. Check out the prices for peak and off-peak energy.
Lukoil to sell foreign assets to Carlyle Group for $22 billion
Lukoil has agreed to sell its foreign assets to Carlyle Group, including the Neftohim refinery in Bulgaria, for $22 billion. The deal needs to be approved by the United States, due to sanctions. The sale is partial.
Bulgartransgaz participates in the construction of a digital corridor between Asia and Europe: The "Cardesa" Project
Bulgartransgaz is involved in the strategic digital connectivity project "Cardesa", part of the Digital Silk Road. The project will transform Bulgaria into a key point for connecting Europe and Asia, through a new underwater telecommunications system. The investment, exceeding 100 million euros, will strengthen cybersecurity and bring economic benefits to the country.
Gas prices fall: TTF and Gas Hub Balkan prices decrease
Gas futures on TTF in the Netherlands are falling. The price of the Gas Hub Balkan for today is 38.22 euros per megawatt-hour.
Zhecho Stankov and Tommy Joyce Discuss Deepening Energy Partnership Between Bulgaria and the US
The outgoing Minister of Energy, Zhecho Stankov, held an online meeting with Tommy Joyce from the US Department of Energy. Projects of mutual interest were discussed, including the creation of a joint expert group to work on priority areas such as critical raw materials, pumped storage hydro plants, and liquefied natural gas supplies.
Study: Bulgarians Want Investments in Renewable Energy, Not Fossil Fuels
A sociological study shows high support from Bulgarians for investments in renewable energy and energy efficiency. The assessment of government policies is critical, with a discrepancy noted between public attitudes and government decisions.
BEH Enters Oil and Gas Exploration in the Black Sea: A Strategic Step Towards Energy Independence
The state-owned company BEH will acquire 10% of the rights to explore for oil and gas in the "Khan Asparuh" block in the Black Sea, thereby allowing Bulgaria to actively participate in activities to search for and explore energy resources. The signing of the agreement is defined as a strategic step towards energy independence and additional revenue for the budget.
Stricter bans on fuel imports from Russia come into force in the EU
From today, the rules for importing fuel produced from Russian oil are tightened in the European Union. Economic operators must prove the origin of the crude oil to avoid sanctions.
"Bulgargaz" Proposes Higher Gas Price for February
"Bulgargaz" has submitted an application for a natural gas price for February of 32.34 EUR/MWh. If approved, the price will be 3.82% higher than in January. The EWRC will hold a discussion and make a decision.
Investment in Kozloduy NPP - The Future of Energy
Petyo Ivanov from "Kozloduy NPP - New Capacities" discusses the sustainable project for units 7 and 8, which will create jobs and ensure energy security.
Lukoil Sells Assets Due to Sanctions: Where and What is Being Sold?
Lukoil is forced to sell its assets outside of Russia due to sanctions. The article examines key Lukoil assets in various countries, including Iraq, Egypt, Kazakhstan, Azerbaijan, Ghana, Congo, Nigeria, Mexico, Bulgaria, Romania, the Netherlands, and the USA, as well as potential buyers and the current situation.
Ministry of Energy Receives Additional Funds for the Construction of the NRWRF
The outgoing Council of Ministers approved additional funding for the indexation of amounts under a contract for the construction of the National Radioactive Waste Repository Facility (NRWRF) in the amount of 17 million BGN. The funds are allocated in the state budget for 2026. The decision is in connection with an EU directive on the management of radioactive waste.