ATEB – Association of traders with electricity in Bulgaria

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...

29.04.2022

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...

16.04.2022

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...

31.03.2022

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...

29.03.2022

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...

28.03.2022

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,...

14.03.2022

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...

10.03.2022

Compensations for network operators extended until end of March

Compensation of the network operators for the purchased electricity to cover network losses will continue until the end of March 2022. This was decided by the government by adopting changes to the program to compensate the costs of transmission and distribution system operators....

28.02.2022

Volatile natural gas prices

The price of natural gas fell sharply in mid-February, reaching its lowest levels since the beginning of the year. According to analysts, the reason was the easing of tensions in Ukraine. Apart from the geopolitical factors, the relatively warm weather in continental Europe, as...

25.02.2022

In case the gas deliveries are suspended, the government has a plan to suspend electricity exports

An article published in 3e-news draws attention to the Prime Minister’s statement that in case of suspension of gas supplies from Russia, the government is ready with measures including suspending the export of electricity. Bulgaria receives natural gas from a pipeline that...

24.02.2022

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