EBRD and EIB investments in Bulgarian hydropower have once again been hit by scandal with the recent failure of the Chaira pumped storage plant and revelations…
The Bulgarian Parliament adopted second-reading amendments to the Energy from Renewable Sources Act, easing the rules on construction of electric renewable energy systems for self- consumption.…
As a part of the European Semester Spring 2022 package, the European Commission (EC) said that Bulgaria needs to accelerate the diversification of its gas supply…
State-owned Bulgarian Energy Holding (BEH) recorded a net profit in the amount of 639 million euros in 2021, which is almost eight times higher compared to…
ContourGlobal, the owner and operator of coal- fired thermal power plant Maritsa East 3, signed a Memorandum of Understanding with the Bulgarian Government, according to which…
High prices on electricity on the free market and hyperproduction of hydropower plants enabled NEK’s record profit of 352 million euros Bulgaria’s National Electric Power Company…
According to this year’s European Semester, Bulgaria should reduce its overall dependence on fossil fuels and their imports by accelerating the development of energy from renewable…
Bulgarian Minister of Energy Alexander Nikolov said that a location for deliveries of liquefied natural gas (LNG) by US tankers for Bulgaria has been secured. He…
Bulgaria’s second largest coal-fired power plant is becoming the property of a new US giant fund, KKR. The transaction should be completed by the end of…
Bulgarian employers have canceled a protest announced for May 18th after the government unveiled a new package of compensation measures for electricity and gas. After several…