Илиян Василев

Member of the Board of the Center for Balkan and Black sea studies, Managing Partner, Innovative Energy Solutions EOOD, Blogger, Honorary Chair, Bulgarian Economic Forum Coordinator, Sofia Business School
Gennady Timchenko and Arkady Rotenberg

  Russia launched the Nord Streams as a political endeavor to bypass this Ukraine and forge a strategic alliance with Germany to subjugate Eastern Europe. Germany was not the only partner, Austria also joined in. Ample proof in the outspoken Russian lobby among Austrian politicians and businessmen. Germany has its Schroeder; Austria has a long list of his kins – from Straße to Schussel.   German politicians have their own business plan, calculated financial benefits at the expense of Eastern Europe. Their symbiosis with the Russian oligarchy is striking, with more evidence and proofs, as Russian oligarchs Timchenko and Rothenberg build and receive billions in inter-related project orders for gas infrastructure, connecting the Yamal gas fields to the Baltic ($ 4 billion), to the Black Sea ($ 15 billion). The


  On September 3, an event of historic significance occurred. Few have grasped the historic footprint of what should have been a standard diplomatic disagreement between the Russian Embassy in Sofia and the Bulgarian MFA. This date will remain in the annals of history, if not as a marker of the end of the transition from Soviet to European type of self-consciousness in Bulgaria, as the first formal challenge of the Bulgarian authorities to the monopoly of the Soviet narrative on the Soviet-Bulgarian history around and after September 9th, 1944.   The case that triggered the whole story was the exhibition “75 Years since the Liberation of Eastern Europe from Nazism”, organized by the Russian Embassy in Bulgaria, which is part of a major global undertaking by the Russian MFA

r petkov1

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ilian vassilev

The interview first published in icis.com on 2019/09/03. Author: Aura Sabadus LONDON (ICIS)–A renewed nuclear arms race and climate activism may lend a new lease of life to nuclear power generation for now, but cheap gas and hefty state subsidies are sapping its long-term business case, Bulgaria’s former ambassador to Russia told ICIS. Ilian Vassilev, an energy market specialist, described cheap nuclear energy as a contradiction in terms, not only due to state aid forked out in the form of grants, benefits or exemptions, but also production costs, waste fuel and storage management or substantial risk insurance. “Long-term PPAs [power purchase agreements] are quickly becoming a relic, which undermines the sustainability of the revenue base needed to substantiate ultra-capital intensive nuclear power plants (NPPs). NPPs are impossible without state support in one


  There are so many problems embedded in Bulgaria’s oldest infrastructure veteran that it comes as a surprise that a new resuscitation attempt is undertaken. The government stubbornly insists it is obliged to continue, since a lot of money has been already spent – over BGN 3 billion. While true, the issue is still, if previous failed attempts have been a flop and decisions made so far found erroneous, why persist without a reasonable chance for a different outcome?   Why does Belene NPP remain a commercially unviable project?   First, nothing in the project’s economy has changed over the last ten years. Its costs have only increased. An estimate of the final tally cannot be made unless binding contracts are signed – construction, procurement, etc. The current project cost

Christo Kovachki

  The news on the expression of interest from Rosatom, CNNC and the South Korean Hydro Nuclear Company to act as strategic investors in The Belene NPP comes as no surprise. The three companies could have filed a similar non-binding EoI a year ago without risking much, if anything. The other ‘contenders’ serve more a PR purpose, as they deal with the supply of equipment and the purchase of electricity which are irrelevant at this stage. The supplies and the subcontracting parts are sequential to the selection of the strategic investor(s). So are the long-term PPAs that should be executed at a much later stage. Mixing different items into one tender does not make much professional sense. However it is good to make headlines – a proof that there is


  A recent Eurobarometer survey ranked Bulgarians last among EU citizens with the most depressed European self-awareness. Only 52 per cent of the polled Bulgarians, the lowest figure among all EU countries, felt positive as EU citizens. Further to that – a record 46% answered “no”.   This gives a frightening picture of the failure in the transition period which was meant to help totalitarian Bulgarians convert into European citizens with self-esteem and self-determination.   What are the reasons?   Let’s divide them into two groups – objective and subjective. The first are locked in the objective metering of the degree of convergence between the Central European averages and the Bulgarian indicators for prosperity and security. The Bulgarian citizen does not feel sufficiently converged into the European space; he is


  The interview with the former head of NEC is extremely indicative to all those following closely events in the energy sector. Along with the resentment from his dismissall, Mr. Iliev shares insights that the audience rarely hears.   Few would be surprised that he has been under pressure in the past and at present, including by the employers’ organizations, insisting on this removal. This has been cleverly used by the Movement of Rights and Freedoms, seeking to conceal behind the scene maneuvers with public legitimization. It has become obvious, that while determining the weighted average interest in the employers’ organizations, the interests of the electricity traders are taken to heart.   It is also crystal clear that the dismissal of Peter Iliev comes on the direct orders from the


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Снимка: БГНЕС

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