Accents

  • Minister Zhivkov: Nuclear energy will remain a significant factor in meeting European decarbonization targets

    Minister Zhivkov: Nuclear energy will remain a significant factor in meeting European decarbonization targets

    Nuclear energy is and will remain a significant factor in meeting the EU's ambitious targets on decarbonization and zero carbon emissions, Energy Minister Andrey Zhivkov said to the participants at the Ministerial Meeting of the Partnership for Transatlantic Energy and Climate Cooperation, which took place in the Polish capital Warsaw. Minister Zhivkov spoke at the forum within the framework of the nuclear energy panel. His speech focused on the long-standing experience of our country in the safe and secure operation of nuclear facilities for the production of clean and affordable energy. According to him, the nuclear sector continues to be a guarantor of energy security and independence, providing energy to businesses and households at competitive prices.

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  • Since the beginning of 2020 the entry point of delivery of natural gas to Bulgaria has changed

    Since the beginning of 2020 the entry point of delivery of natural gas to Bulgaria has changed

    As a result of the agreements reached between "Bulgargaz" EAD and "Gazprom Export", the prices for Bulgarian household and industrial natural gas customers will decrease by nearly 5% on an annual basis. This economy is due to the drop in the access and transmission charges through the territory of the Republic of Romania of 76 million BGN, which will not be paid by "Bulgargaz" EAD and the Bulgarian natural gas consumers during the coming year", Energy Minister Petkova announced at the briefing. Bulgaria's supplier "Bulgargaz" EAD is expected to have a positive financial result in an estimated amount of 4.6 million BGN for 2019/2020 gas year stemming from payment of the lower tariffs announced by "Bulgartransgaz" EAD at "Strandza" entry point.

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  • Minister Petkova: The construction of the interconnector Greece-Bulgaria makes the diversification of natural gas to Southeast Europe a fact

    Minister Petkova: The construction of the interconnector Greece-Bulgaria makes the diversification of natural gas to Southeast Europe a fact

    “The first pipes for the construction of the interconnector Greece-Bulgaria have been delivered. This became possible after the signing of a number of important documents that ensured the financing of the project and its legal sustainability was guaranteed", Energy Minister Temenuzhka Petkova said during an inspection of the progress of construction activities related to the building of the Greece-Bulgaria gas interconnector. The construction site was visited by Prime Minister Boyko Borissov, the Chairman of the Energy and Water Regulatory Commission Ivan Ivanov, the ambassadors of the USA, Greece and Azerbaijan to Bulgaria – H.E. Herro Mustafa, H.E. Dimitrios Chronopoulos and H.E. Nargiz Gurbanova.

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  • Minister Petkova: Real results of our active work to keep Bulgaria's strategic location on the Europe's gas map are already visible

    Minister Petkova: Real results of our active work to keep Bulgaria's strategic location on the Europe's gas map are already visible

    "We are witnessing the commissioning of the first stage of the project for expansion of the gas transmission infrastructure in the country along the Balkan Stream route – 11 kilometres from the Bulgarian-Turkish border to Strandzha gas compressor station. This is an extremely important project for both our country and the whole region and a real result of our active work to keep the strategic location of Bulgaria on the Europe's gas map", Energy Minister Temenuzhka Petkova said, taking part in the opening of the first 11 kilometres of gas infrastructure from the Balkan Stream route. According to Minister Petkova, the project is key to the implementation of our concept to create "Balkan" gas hub. It will allow diversification of natural gas supply sources and routes and will increase energy security in the region, Minister Petkova pointed out.

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  • Minister Petkova: The submitted applications for participation in Belene Nuclear Power Plant prove the real interest in the project

    Minister Petkova: The submitted applications for participation in Belene Nuclear Power Plant prove the real interest in the project

    Seven companies have expressed interest in participating as a strategic investor in the project. Within 90 days a working group of representatives from the Ministry of Energy, Bulgarian Energy Holding EAD, Natsionalna Elektricheska Komapania EAD and Electricity System Operator EAD will prepare a shortlist of the companies that have expressed interest in taking part in the Belene project as strategic investors.

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  • Minister Petkova: The Southern Gas Corridor strengthens the energy security of Bulgaria, the region and the EU

    Minister Petkova: The Southern Gas Corridor strengthens the energy security of Bulgaria, the region and the EU

    To the participants in the fifth meeting of the Advisory Council of the Southern Gas Corridor, which took place in Baku, Azerbaijan, Minister Petkova focused on the efforts of the Bulgarian Government to build the missing infrastructure and complete interconnections in the region as a key condition for ensuring energy security.

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News

Minister Zhivkov: Green transition confronts us with challenges, but it also unlocks unused opportunities

Minister Zhivkov: Green transition confronts us with challenges, but it also unlocks unused opportunities

We support the EU's measures on the road to a zero-carbon economy by 2050. At the same time, we stand at the position that this transition must take into account regional differences and the specificities of each country in the community, tailored to the national energy mix and energy security, Energy Minister Andrey Zhivkov told participants and guests at the international conference “Green Transition: Solutions and Challenges for Bulgaria”. Minister Zhivkov spoke extensively on the topic of decarbonizing the energy system, which is crucial for its future. Over 75% of EU carbon emissions are the result of energy production. Green transition holds a major place in the National Recovery and Sustainability Plan, providing for 38,1% of total cost. The country thus contributes to the achievement of the common European goals, the energy minister underlined. Further challenges are also linked to the new EU legislative package “Fit for 55” that raises EU ambition in primary and final energy consumption by 2030 through indicative national energy efficiency targets in all sectors.

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Actual Theme

Launch of the procedure for a strategic investor for "Belene" NPP project

In implementation of decisions of the National Assembly of 7 June 2018 and of the Council of Ministers of 29 June 2018, Natsionalna Elektricheska Kompania EAD announces a call for selection of a strategic investor for the construction of Belene nuclear power plant. The call also allows for expressions of interest to acquire a minority shareholding in the future project, as well as and/or to purchase electricity from the future power plant. An application in the procedure for selection of a strategic investor or, respectively, interest in acquiring a minority share in the project company may be submitted by Bulgarian or foreign legal entities, as well as consortium thereof. The deadline for receipt of applications shall be until the 90th day as of the date on which the call is published in the Official Journal of the European Union.

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Discussion

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Contacts

Contacts: 8, Triaditsa Str., Sofia 1000, Bulgaria Phone: +359 2 9263 152

E-mail: e-energy@me.government.bg