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Natural Gas Prices – by 40% Lower Compared to Those of 2015

EWRC Decision for Consecutive Decrease of Natural Gas Prices With a Decision „Ц-4“ of 31 March 2016, EWRC set a natural gas price for the Public Provider “Bulgargaz” EAD effective from 01 April 2016 at 312.21 BGN/1000 Nm3, being a decline of 40%, compared to its level of April 2015. Natural Gas Price of the Public Provider “Bulgargaz” EAD Natural Gas …

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Natural Gas Prices – by 40% Lower Compared to Those of 2015

EWRC Decision for Consecutive Decrease of Natural Gas Prices With a Decision „Ц-4“ of 31 March 2016, EWRC set a natural gas price for the Public Provider “Bulgargaz” EAD effective from 01 April 2016 at 312.21 BGN/1000 Nm3, being a decline of 40%, compared to its level of April 2015. Natural Gas Price of the Public Provider “Bulgargaz” EAD Natural Gas …

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Exchange Statistics – February 2016

Greater number of participants, lower average prices, almost zero hourly prices during the night   There are 32 registered participants According to the published list, there are 32 participants, registered at the Independent Bulgarian Energy Exchange (IBEX) – producers, traders and one consumer. Three subsidiaries of the “Bulgarian Energy Holding” (“BEH”) provide the energy at the exchage …

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Increased gas consumption for the first time since 2011

An increase of the import and a decline of the natural gas production in 2015 According to the National Statistical Instite’s data, the trend of decreasing gross consumption of natural gas  [1] in the country in the last 4 years was broken off. In 2015 the consumption is 3085 mln.m3 or an increase of 8,6%. Gross consumption of …

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A Record High Electricity Export in 2015

National Statistical Institute (NSI) published the latest monthly data on electricity production and supply in 2015. The aggregated annual data is presented below. 48436 GWh of electricity are produced in 2015. In the eyes of statistics, this gross production ranks immediately after the record 50330 GWh, produced in 2011. Gross inland electricity consumption of 37989 GWh remains stable, …

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SEWRC Confirmed the Balancing Energy Marginal Prices

Decision Ц-50/30.12.2015 In accordance with Art. 21, Para. 1, p. 8 of the Energy Act, SEWRC determines annually marginal prices for concluding transactions on the balancing energy market. Regulatory implementation and activation of this power of SEWRC resulted from the false starts of the balancing market in the mid-2014, when, as SEWRC also states in …

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Transport: a record growth of 12.8% in energy consumption

National Statistical Institute (NSI) traditionally publishes overall energy balance of the country on the last day of November, presenting data on the resources, the transformation, and final consumption of energy. It also includes data from all producers, large importers and exporters, consumers of primary and transformed energy products from all economic activities. According to 2014 …

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Increased Revenue from trade of CO2 Allowances

as a result of greater quantities sold at higher prices Since the beginning of 2015, Bulgarian CO2 emissions allowances trade revenue (excluding those of the aviation sector), received from the European Energy Exchange (EEX) common trading platform auctions, has amounted at 148.4 million BGN. It is twice and a half times the revenue received in the same …

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Review of Natural Gas Market

Natural gas wholesale market Under the current “Energy Strategy of Bulgaria” and in accordance with the provisions of Directive 2009/73/EC and Regulation 715/2009/EC of the European Parliament, in 2014 the Bulgarian gas sector was moving towards market liberalization. Since the beginning of 2013, “Bulgargaz” EAD has purchased natural gas under a new contract with OOO “Gazprom Export”. …

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