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Energy Sector Governance and Energy (In)Security in Bulgaria
This report explores the major governance deficiencies in the Bulgarian energy policy regarding the strategic, institutional, and legal framework of the sector. The report focuses on state capture of energy policy by private political and economic interests that led to bad management practices in the sector, to lack of consistency in the legal and regulatory framework, to deteriorating investment environment, and to the involvement of the country in infrastructure projects that undermine the national long-term strategy and policy priorities. more »
 
Policy Tracker: Economic Governance and Performance of the State-owned Energy Sector
Bulgaria’s energy sector is characterized by severe financial weaknesses related to high levels of indebtedness, low profitability and bad governance. The financial outlook of state-owned enterprises has become increasingly problematic in the 2011-2013 period. An overview of the financial health of the largest energy companies reveals a desperate need for liquidity and a reform of the pricing method to abolish destabilizing subsidies, improve debt collection and the energy mix, and invest in the minimization of power distribution losses. more »
 
Policy Tracker: Key Challenges for Energy Efficiency Policies in the Domestic Sector
The Bulgarian economy is by far the most energy intensive in Europe and it is highly dependent on other countries for its energy and therefore the economy - and in turn individual households are vulnerable to price changes. A quarter of energy consumed in Bulgaria is used in the residential sector. Actively reducing the energy consumed by end users will be the fastest and most cost-effective method of making further energy savings, and also has related benefits such as lowered reliance on energy imports and lower fuel bills for consumers and businesses. more »
 
Media note: Energy in(security): the parliament’s decision on the South Stream pipeline increases the risks for Bulgaria’s energy security
The decision of the Bulgarian Parliament from 4 April 2014 to adopt at first reading the amendments in the Energy Law, which grants South Stream special status highlights the lack of logic in the national energy policy and compounds the impression that public interest is not the driving force behind the proposed changes. The decision and the manner, in which it was taken, reveal some of the most serious problems in Bulgaria’s energy policy in terms of bad governance and corruption. more »
 
Media note: Shedding More Light on the New “Simplified” Electricity Bills
The media note discusses new “simplified” electricity bills. The decision to decrease by 5% the retail electricity prices as of 1 August 2013 is among the topics at the heart of political debates in Bulgaria this autumn. A similar move in 2010 clearly showed that such a politically mandated price decrease was not sustainable in the long run. more »
 
CSD Policy Brief No. 40: Bulgaria's Energy Security Risk Index
Energy security is of critical importance to Bulgaria. The biggest identified threat to Bulgarian national security is poverty, and in particular energy poverty. Bulgaria’s non-transparent energy sector seriously undermines the country’s economic development. Establishing regular sound monitoring mechanisms on energy security could be key for adequate policy-making in the area. more »
 
Media Note: Energy Saving Technologies in the Bulgarian Residential Sector
The growing consumer prices of electricity have remained at the center of public debates over the past months, especially following their increase last year by 13%. Even though the regulated market supresses their growth, prices have steadily increased since 2005, both in Bulgaria and in the EU. more »
 
Media Note: Why Electricity Bills in Bulgaria Spoiled the Party
The so-called “green” premium - a market entry subsidy for renewable energy sources - was used as a convenient explanation for recent increases to the electricity bills in 2012. more »
 
Trans-Anatolian gas pipeline: Challenges and Prospects for the Black Sea countries and the Balkans
This publication is a compilation of the papers, presented by the twenty-nine experts from twelve countries, who participated in the “Trans-Anatolian gas pipeline: Challenges and Prospects for the Black Sea countries and the Balkans” conference, held on 28-29 September 2012, in Istanbul, Turkey. more »
 
The Level of Transparency of Oil and Gas Transit Operations through Bulgaria, Georgia, Turkey and Ukrainе
The report assesses the level of transparency in the transit of hydrocarbons and the outstanding issues with the access to information related to the transit of oil and gas in Bulgaria, Turkey, Georgia and Ukraine. more »
 

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