Energetics
News about production, supply, and pricing of electricity, gas, fuels, and renewable energy sources.
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.
"Bulgargaz" in de facto bankruptcy: Minister Traykov on the problems in the energy sector
Minister Traycho Traykov announced that "Bulgargaz" is in de facto bankruptcy due to unfavorable market conditions, loss of market share, and unfavorable contracts. Measures are being discussed for reforms in the energy sector and for resolving the problems in "Maritsa East" and TPP "Maritsa East 2", as well as securing funds for miners' salaries.
Traycho Traykov: Compensations for inflated electricity bills through reimbursement or deduction
Minister Traycho Traykov announced compensations for subscribers with inflated electricity bills. These will be reimbursed directly or through a deduction from the next bill. The EWRC (Energy and Water Regulatory Commission) is investigating the reason for the difference in December and November bills.
Electricity Bills Soar: Inspections Reveal Increased Consumption and Changes in Imports
EWRC inspections regarding high electricity bills reveal an increase in consumption of over 30% in January. Over 400 complaints have been received. Electricity production is decreasing, leading to changes in imports and exports.
Unit 6 of Kozloduy NPP to be shut down for repairs.
Unit 6 of Kozloduy NPP will be shut down for the replacement of a defective safety membrane device. There is no environmental contamination. Unit 5 is operating normally.
Ministry Allocates Over €40 Million for Energy Efficiency of Bulgarian Firms
The Ministry of Innovation and Growth (MIG) is allocating an additional €40.8 million to improve the energy efficiency of 1,073 Bulgarian companies. With a total budget of €105.2 million, a total of 2,395 firms will be supported under the RRP measure, with investments aimed at purchasing energy-efficient equipment and facilities.
UK Extends License for Lukoil in Bulgaria
The UK has extended the general license for Lukoil's subsidiaries in Bulgaria until August 13, 2026, ensuring stability for Bulgarian businesses and the population. This decision allows the normal functioning of the companies, including the refinery in Burgas, in the context of sanctions and ongoing efforts to sell Lukoil's assets.