Tag: Other

BICA seeks 430 million euros in compensations for high electricity prices – Bulgaria, 24 September 2021

This month, every company in Bulgaria, received increased electricity bills, which have doubled compared to the same period last year. The situation is similar across Europe, but compensation mechanisms are applied there. In Bulgaria, the caretaker Government continues to announce possible emerg Full article available for subscribers of Energy NEWS service (PDF publications, energy news, […]

Police makes surprise inspection at KEVR – Bulgaria, 24 September 2021

Bulgarian police and special services (SANS) made a surprise inspection at the Commission for Energy and Water Regulation (KEVR) in an effort to determine the reason for high electricity prices on the energy exchange. The energy regulator said it was fully cooperating with the investigation, whic Full article available for subscribers of Energy NEWS service […]

Bulgaria has 116 GW of offshore wind potential – Bulgaria, 24 September 2021

According to Bulgarian Center for the Study of Democracy (CSD), the country has 116 GW of feasible offshore wind power capacity, 26 GW of which could be utilized in shallow waters. The report by CSD indicates achievable capacity factors of 40-48 %, while the average cost for a unit of generated e Full article available […]