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  • Article

    Bulgarian NCA Launches A Sector Inquiry Into Electricity Markets

    The CPC is expected to approach a wide range of market participants through questionnaires which are to be sent in the coming weeks.
    BulgariaAntitrust/Competition Law
    Wolf Theiss
    Wolf Theiss
  • Article

    Legal Aspects Of The Use Of Sustainable Finance Instruments In Bulgaria

    The variety of ESG financing instruments allows for some flexibility in the choice of targets and KPIs; still ESG loans should follow the clearly established sustainable finance principles...
    BulgariaFinance and Banking
    Kinstellar
    Kinstellar
  • Article

    Renewable Energy Plants Hit By Retroactive Fee Change For Grid Access

    All renewable energy projects in Bulgaria have been hit by a retroactive change in the fee they must pay for accessing the electricity transmission and distribution grids.
    BulgariaEnergy and Natural Resources
    CMS Cameron McKenna Nabarro Olswang
    CMS Cameron McKenna Nabarro Olswang
  • Article

    The Balkans' Bulletproof Investment Destination

    Business forecasts for Central and Eastern Europe got gloomier at the beginning of autumn 2022 in anticipation of a challenging winter ahead.
    BulgariaReal Estate and Construction
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Svetoslav Dimitrov Discussed Before Bloomberg TV Tendencies In The RES Development

    The proposals include measures that should lead to greater energy efficiency and bigger number of market relations in the energy sector.
    BulgariaEnergy and Natural Resources
    Penkov, Markov & Partners
    Penkov, Markov & Partners
  • Article

    Bulgaria: 20% Fee On Solar And Wind Power Plants Challenged Before The Constitutional Court

    On 14 January 2014, the President of the Republic of Bulgaria, Mr. Rosen Plevneliev, addressed the country’s Constitutional Court, claiming that the 20% fee on solar and wind power plants does not comply with the Bulgarian Constitution and should therefore be revoked.
    BulgariaEnergy and Natural Resources
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Bulgaria Eases Ban On Fracking

    On 14.06.2012 Bulgarian Parliament adopted a Resolution limiting the ban on the ‘fracking’ method of drilling and extraction of shale gas.
    BulgariaEnergy and Natural Resources
    CMS Cameron McKenna Nabarro Olswang
    CMS Cameron McKenna Nabarro Olswang
  • Article

    Bulgarian Competition Watchdog Launches A Sector Inquiry Into Electricity Markets

    On 22 January 2018 the Bulgarian Competition Protection Commission ("CPC") announced that it opened a sector inquiry into the electricity markets in Bulgaria.
    BulgariaEnergy and Natural Resources
    Wolf Theiss
    Wolf Theiss
  • Article

    New Information System For The Renewable Energy Sector

    A new public information system is to be created about the potential production and consumption of energy from renewable sources in Bulgaria.
    BulgariaEnergy and Natural Resources
    CMS Cameron McKenna Nabarro Olswang
    CMS Cameron McKenna Nabarro Olswang
  • Article

    Energy Companies' Obligations For Information Disclosure Have Been Facilitated

    First, changes are introduced in the thresholds determining the persons falling within the scope of §1e of the Additional Provisions of POSA.
    BulgariaCorporate/Commercial Law
    Dimitrov, Petrov & Co.
    Dimitrov, Petrov & Co.
  • Article

    Restrictions On Construction Of Photo-voltaic Parks On Agricultural Lands

    Most renewable energy projects in Bulgaria are being developed on agricultural land. This land can be used for non-agricultural purposes, such as Renewable Energy plants, after a change of its designation pursuant to the Law on Protection of Agricultural Lands ("The Law").
    BulgariaCriminal Law
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    First Decisions Prohibiting Concentrations Issued In Bulgaria

    On 19 July, 2018 the Bulgarian Commission for the Protection of Competition (the "CPC") prohibited two concentrations.
    BulgariaCorporate/Commercial Law
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Consultation On Renewable Energy Action Plan

    On 4 September 2012, the Ministry of Economy, Energy and Tourism published a draft National Action Plan for developing renewable energy sources by 2020.
    BulgariaEnergy and Natural Resources
    CMS Cameron McKenna Nabarro Olswang
    CMS Cameron McKenna Nabarro Olswang
  • Article

    Remedies Imposed On Fuel Companies Following Cartel Investigations

    The investigation was launched following a 2015 Commission sector analysis of the fuel and diesel retail markets.
    BulgariaAntitrust/Competition Law
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Energy: Bulgaria Introduces Licensing Regime For Natural Gas Traders

    With a last-minute amendment of the Bulgarian Energy Act of 26 June 2020, natural gas trading becomes an activity subject to licensing by the Energy and Water Regulatory Commission...
    BulgariaEnergy and Natural Resources
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Further Liberalisation Of The Electricity Market At Production Level

    The Bill has already passed its first hearing before the Energy committee and the plenary session of the Bulgarian Parliament.
    BulgariaEnergy and Natural Resources
    Wolf Theiss
    Wolf Theiss
  • Article

    Further Liberalisation Of The Electricity Market At Production Level (Update)

    The Parliament adopted a new Bill amending the Energy Act introducing a number of measures to further integrate RES Generation into the liberalised market and abolishing electricity export fees.
    BulgariaEnergy and Natural Resources
    Wolf Theiss
    Wolf Theiss
  • Article

    Agricultural Land Restrictions Expiring In Bulgaria: New Opportunities For Energy And Infrastructure Projects

    Bulgaria's decade-long moratorium on municipal disposal of residual agricultural land has officially expired, opening new pathways for energy and infrastructure development.
    BulgariaReal Estate and Construction
    Kinstellar
    Kinstellar
  • Article

    Amendments To The Energy Act In Relation To Remit To Be Reviewed By The Competition Protection Commission

    On 07 February 2018, the Bulgarian Competition Protection Commission ("CPC") initiated Competition Advocacy proceedings in relation to the recently proposed amendments to the Bulgarian Energy Act...
    BulgariaAntitrust/Competition Law
    Wolf Theiss
    Wolf Theiss
  • Article

    Simplified Procedure For Constructing Photovoltaic Systems On Rooftops In Bulgaria

    The latest amendments to the Bulgarian Spatial Development Act introducing the simplified procedure for constructing photovoltaic systems on rooftops entered into force on 20 January 2023...
    BulgariaReal Estate and Construction
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)

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