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Position of MET Group regarding natural gas supply

Due to various media publications and comments regarding the supply of natural gas to Bulgaria, MET Group announced its official position: MET Group firmly rejects all unfounded allegations that have been published in Bulgarian media relating to Bulgaria’s natural gas supply. MET...

Record profits of Kozloduy NPP

An article published in Capital shows that the Kozloduy NPP was earning an average of BGN 10 million a day in the first quarter of this year, or a total of BGN 954 million profit for the period. For comparison, at the same time last year the profit was BGN 137.7 million, or...

Disruption of gas deliveries from Gazprom to Bulgaria

Regarding the suspension of natural gas supplies after their unilateral decision by OOO Gazprom Export on April 27, 2022, the Ministry of Energy and Bulgargaz EAD informed: After the notification of Gazprom Export LLC dated 26.04.2022 that the deliveries for Bulgargaz EAD are...

Hungary launches market for guarantees of origin

The news portal Serbia Energy announced that Hungary is launching organized market for guarantees of origin in June 2022. The guarantee of origin (GO) market in Europe has been growing steadily over the past decade, offering a flexible and efficient tool to help companies achieve...

Ten-year network development plan of Bulgartransgaz

Natural gas consumption in Bulgaria in 2021 was 35,430 GWh, which shows 13.06% increase compared to consumption in 2020 (31,337 GWh). According to data of NSI Overall Energy Balance for 2020, natural gas had a share of 14.1% in primary energy consumption and 13.7% in final...

The proposal for additional contributions to the SESF was rejected

A draft resolution was submitted to the National Assembly, obliging all power producers except those from coal and natural gas to make additional contributions to the Security of the electricity system fund (SESF). Their amount was set at 80% of the difference from the monthly...

Amendments to Ordinance 3 related to reporting to EWRC

Ordinance № 3 on licensing the activities in the energy sector introduced the obligation of wholesale market participants to keep a log of their transactions and orders of traded products. The introduced requirements for logging and data description were essentially overlapping...

First organized market for Guarantees of origin launches in 2022 by EPEX Spot

Monthly spot auctions planned in second quarter 2022 with clearing and delivery through ECC and EEX. The European Power Exchange (EPEX SPOT), European Energy Exchange (EEX) and European Commodity Clearing (ECC) plan to jointly launch a pan-European market for Guarantees of Origin...

Proposed notification procedure for new RES of up to 5MW for self-consumption

The information portal 3e-news reports that the members of the Energy Committee in the National Assembly with 9 votes in favor and 2 abstentions adopted at first reading a bill amending the Renewable energy act. Meanwhile, the chairman of the Energy Committee, Radosav Ribarski,...

EWRC accepts proposals for changes in the Ordinance on gas prices

The Energy and Water Regulatory Commission (EWRC) announced that regarding the procedure for amendments of Ordinance № 2 of 19.03.2013 on regulation of natural gas prices, the interested parties may submit argumentative proposals for amendments to the ordinance. The deadline for...