Latest news
Bulgaria to move toward small renewable projects
According to Bulgaria’s Energy Minister, Delyan Dobrev, the country, which strives for reaching 16 percent of its final energy demand from renewable by 2020, will turn its energy focus on small renewable energy projects in order to keep off the increase in electricity costs and avoid the overburden of its power grid because of the rapid development of big wind and solar projects.
read more... 26/04/2012
Bulgaria approves the construction of seventh nuclear reactor
The Bulgarian government on April 11 approved plans to build its seventh nuclear reactor at the Kozloduy nuclear plant on the Danube River, after abandoning the Belene nuclear project.
read more... 12/04/2012
Bulgaria gives green light to South Stream project
Following a meeting on 30 March between the head of the Russian energy giant Gazprom, Alexey Miller and Bulgaria’s newly appointed Minister of Energy and Economy Delian Dobrev, it was announced that the final investment decision on the construction of the South Stream pipeline, aimed at ensuring direct supplies of natural gas from the producer to the consumer, will be taken by 15 November.
read more... 04/04/2012
Bulgaria’s Energy Regulator proposes a 12.73 % hike of natural gas as from April, 1
Bulgaria’s State Energy and Water Regulatory Commission (DKEVR) has adopted the report of the expert working group of the Regulatory body, which proposed to boost natural gas prices by 12.73% from April, 1st.
read more... 23/03/2012
Bulgaria becomes the second country in the world to ban shale gas exploration
The Bulgarian parliament has banned the hydraulic fracturing technique, becoming the second country after France to impose a moratorium on the practice.
read more... 15/02/2012