News

According to a SEWRC’s decision of 28 March 2013, the price of the natural gas falls by 3.89% since the beginning of April, considering also a proposed reduction of 3.22% by Bulgartransgaz. The captive price for connection to the gas transmission network will be 630.94 BGN/mcm before excise duty and VAT and for connection to the gas distribution …

The regulated prices of heat and natural gas go down Read More »

State guarantees, strategic network assets and dominant market position are the BG national energy `champion` main asset 01 March 2013. Fitch Ratings has assigned Bulgarian Energy Holding EAD (BEH), Bulgaria’s largest electric and gas utility company, a Long-term foreign currency Issuer Default Rating (IDR) of ‘BB+’ and Long-term local currency IDR of ‘BB+’ with Stable Outlooks. The ratings reflect …

Fitch rates Bulgarian Energy Holding `BB+`; Stable Outlook Read More »

“South Stream” does not qualify as transnational project of European interest and cannot be exempted from the requirements of the Third Energy Package. The European Commission denied the Russian allegation that “South Stream” gas pipeline will get a special statute, qualifying as transnational project and thus the owners of the pipeline will no longer be …

South Stream and the European Network Access Rules Read More »

Domestic gasification no longer needs construction permits Since 26 November 2012 there are no need of construction permits for building gas installations in residential buildings and villas. This means that users can gasify  their homes much more easily explained by the “Overgas”. The amendment to the  Spatial Planning Act (SPA) was adopted by  the National Assembly Decree. It was …

No construction permit for household gasification Read More »

The Interest to the CEZ Shares Surpassed the Wildest Forecasts Taking into account the new 9 million BGN from second-day’s auction, the benefit of the state from its shares in CEZ exceeded 90 million BGN. 15 237 shares of CEZ Distribution Bulgaria and 103 shares of CEZ Electro Bulgaria still remain for sale Another 9 029 891 BGN will …

The Interest to the CEZ Shares Surpassed the Forecasts Read More »

The Cooling of the RS Market Reached the Freezing Point The decrease of the prices for the electricity from RES, especially for photovoltaic electricity, was followed by a decision of State Energy and Water Regulatory Commission (SEWRC) for adoption of zero network capacities for integration producers of electricity from wind and solar for the one …

The Cooling of the RS Market Reached the Freezing Point Read More »

SEWRC has set temporary prices for access to the grid for RES generators The prices to be calculated as a share of the preferential prices and to be paid by the network operators Bulgarian State Energy and Water Regulatory Commission (SEWRC) decided on September 14th to set temporary prices for access to the transmission and/or …

SEWRC has set temporary prices for RES grid-access Read More »

Bulgaria is the First EU Member State, Ready to Trade Its Greenhouse Gas Emissions Allowances on the Europe’s Trading/Auctioning Platform The Third phase of the Europe’s Emissions Trading System (ETS) starts on 1 January 2013. The Third phase of the Europe’s Emissions Trading System (ETS) starts on 1 January 2013, as the installations and the …

Bulgaria: 3 277 000 GGE Allowances for early auction Read More »

Bulgaria raises BGN 68 million from Energo Pro Grid AD and Energo Pro Sales AD bourse sale Bulgaria has sold the bulk of its 33 percent holding in two newly listed local power distribution companies controlled by Czech power firm Energo Pro, raising 68 million levs in a public share offer, data from the Bulgarian …

Bulgaria raises BGN 68 million from Energo Pro bourse sale Read More »