Energetics
News about production, supply, and pricing of electricity, gas, fuels, and renewable energy sources.
Bulgargaz Proposes Higher Gas Price for April: What's Behind the Increase?
Bulgargaz has submitted an application to the EWRC for a natural gas price for April of 34.27 EUR/MWh, which is an increase compared to the March price. Analysis of the factors affecting the price, including the geopolitical situation.
The State Reserve: Fuel is Available and the State is Ready to Respond
The State Reserve has assured that the country has sufficient fuel and is prepared to deal with potential supply problems. Reports indicate high levels of fuel security and storage.
Fuel Reserves in Bulgaria: Are They Sufficient and Is the Country Ready for a Crisis?
Members of Parliament are confident in Bulgaria's readiness to secure fuel reserves. The state has enough fuel for approximately 85 days, and the reserves have been checked and are available. Measures for response are prepared if necessary, and actions are being discussed in connection with the war in the Middle East and the blockade of the Strait of Hormuz.
Parliament to Hear Interim Ministers on Fuel
At an extraordinary session today, parliament will discuss the state's readiness to secure fuel, given a potential crisis due to a blockade of the Strait of Hormuz.
Traykov: Everyone overcharged on their electricity bill will be compensated
Minister Traykov stated that everyone who received inflated electricity bills will be compensated. The results of the inspections of the removed electricity meters are expected.
No risks for fuels: Klisurski on fuel supplies in Bulgaria
Minister Klisurski assured that there are no risks to the disruption of fuel supplies, despite rising oil prices and tensions in the Middle East. Contingency plans are being discussed.
Higher Electricity Bills: What's Happening and What the Ministry of Energy is Doing?
The Ministry of Energy explains the reasons for the increased electricity bills, related to lower consumption in January this year compared to the previous year, as well as inspections to identify problems. Attention is drawn to energy efficiency and the restoration of trust.
Borisov: Nuclear Energy is Key to Energy Security in Europe and Bulgaria
GERB leader Boyko Borisov discussed with representatives of EDF and France the role of nuclear energy for energy security, the strategic importance of Kozloduy NPP and the diversification of nuclear fuel supplies.
Gyurov: There is fuel, the market is calm. In case of price increases - non-market behavior.
Prime Minister Andrey Gyurov assured that Bulgaria has enough fuel and the market is calm. In case of unjustified price increases, the state will react.
Gas Prices Rise: How Have Natural Gas Prices Changed from February to Today?
Analysis of natural gas prices on TTF and Gas Hub Balkan. Comparison of prices since February, the impact of the geopolitical situation, and current values.
Unit Six of Kozloduy NPP Shut Down for Device Replacement
Unit Six of Kozloduy NPP was shut down on March 3rd for the replacement of safety membrane devices on steam separators. The new devices are made of similar materials and have undergone testing. Unit Five is operating as scheduled with a load of 1048 megawatts.
Wind energy in Europe: Germany leads, Bulgaria with a small share
Wind provides 22% of electricity in Europe in the last 24 hours. Germany, Lithuania and the Netherlands have the largest share, while in Bulgaria the share is only 0.1%.
US Extends Deadline for Lukoil Asset Sale to 2026.
The US has granted Lukoil more time to sell its international assets, including those in Bulgaria, until April 1, 2026. This is the third extension of the deadline imposed by sanctions.
Natural Gas Price for March: "Bulgargaz" Proposes 32.60 EUR/MWh
"Bulgargaz" proposes a natural gas price of 32.60 EUR per MWh for March. The proposed price is 0.93% higher than February's, but 36.35% lower than the price in March 2023.
Caretaker Government Approves Joint Statement on Gas Security
The caretaker government has approved a joint statement on enhancing the security of natural gas supplies for Central and Eastern Europe. Bulgaria is active in diversifying sources and routes.