The Bulgarian Government expects the Electricity System Security Fund to receive revenues of around 2.1 billion euros in 2023. Over 1.3 billion euros will come from…
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National Electricity Company (NEK) recorded a net profit of 80.5 million euros in the first nine months of 2023, compared to a profit of 421.5 million…
Bulgarian President Rumen Radev imposed a suspensory veto on the revisions to the Energy Act adopted by the National Assembly in early October. Radev said that…
The Bulgarian government decided to repeal a previous government decision to seek investors and equipment manufacturers for the construction of a nuclear power plant at Belene.…
Parliament adopted the amendments to the Energy Act, which provide for full liberalization of the wholesale electricity market by the end of the year. Regulated electricity prices for…
The Government set ceilings for electricity prices over which power plants will have to pay contributions to the Energy System Security Fund to finance measures for…
Rating agency Standard & Poor’s (S&P) raised long-term issuer credit rating on National Electricity Company to BB from BB- with a stable outlook due to its…
Ministry of Energy announced that the amendments to the Energy Act envisage full liberalization of the wholesale electricity market by the end of 2023. However, household…
Bulgarian Energy Holding (BEH) recorded a net profit of 103.2 million euros in the first quarter of 2023, compared to 24 million euros profit in the…
Bulgarian state-owned National Electricity Company (NEK) recorded a net profit of 60 million euros in the first quarter of 2023, compared to a net loss…
