AES

AES Galabovo (ME1) and ContourGlobal Maritsa East 3 (ME3) have been the subject of increased media attacks since the beginning of 2020. A month earlier - in December 2019, the Association of Industrial Capital in Bulgaria /AICB / initiated a petition against the so-called "American" TPPs.

Bulgarian Energy Minister Temenuzhka Petkova and US Ambassador Extraordinary and Plenipotentiary to Bulgaria Mrs. Herro Mustafa have confirmed that they will work to continue the strategic partnership between the two countries in the energy sector.

Bulgaria plans to keep the coal-fired power plants running because they are basic to the country, the country's Deputy Minister of Energy Zhecho Stankov said on 6th of February during a discussion. In his words, maintaining the role of local coal is set out in the country's Integrated National Energy and Climate Plan by 2030 with a horizon by 2050.

Patriotic Front (PF) coalition co-head Valeri Simeonov has set three conditions to support a new Bulgarian government formed under the current legislature.

Consumption of electricity increased in 2015, reversing a downward trend observed in the past four years, an official with Bulgaria's Electricity System Operator (ESO) has said.

The Central Dispatching Unit of ESO is the unit coordinating regimes of the electricity system and providing for its smooth and efficient functioning, also in charge of organizing the electricity market.

Bulgaria's energy regulator KEVR said on Wednesday that it hasn't discussed capping prices of electricity purchased by state-owned National Electricity Company NEK from two local thermal power plants owned by U.S. investors.

"We fully comply with the provisions laid down in the Energy Act," KEVR Chairman Ivan Ivanov told reporters, according to investor.bg.

The four nationally-represented employers' organizations in Bulgaria - BIA, BCCI, BICA and CEIB - have asked the government to suspend payments above market prices for electricity generated by AES Galabovo and ContourGlobal Maritza East 3 power plants.

Following a meeting with US business representatives on Wednesday, President Rosen Plevneliev stated that new US companies will soon enter the Bulgarian market.

Bulgaria's Commission for Energy and Water Regulation (KEVR) has approved the power purchase agreement between US-owned thermal power plant ContourGlobal Maritsa East 3 TPP and the National Electric Company (NEK).

US-owned thermal power plant AES 3C Maritza East I and Bulgaria's National Electric Company (NEK) have finalized the agreement on amending the long-term contract for purchasing electricity generated by the TPP.

The agreement was negotiated in April and it concerns the capacity price of AES 3C Maritza East I, according to a media statement of the US-owned TPP.