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On July 15 and 16, Utilities magazine and the Center for Educational Services (CEC) at the Faculty of Economics and Business Administration at Sofia University “St. Kliment Ohridski” conducted another online training on “Risk management in the energy sector”. Representatives of energy companies as well as students took part in the course.

The training is part of the initiatives related to the master's program "Energy Markets and Services" at the Faculty of Economics and Business Administration (FEBA) at Sofia University "St. Kliment Ohridski”.


The speakers presented the latest approaches to risk management in the energy sector. The training presented a detailed overview of the national markets for natural gas and electricity, as well as an overview of the European market.

International wholesale of energy products presupposes that traders have developed procedures for knowing counterparties. It was demonstrated which transactions fall under the Transparency Regulation for energy products, as well as the difference between the reporting of electricity and natural gas.

The training included lectures and open discussions with the participants.

Lecturers in the training were:

  • Ivo Kostadinov, Origination and trading, CF Partners (UK);
  • Kiril Temelkov, Representative of Colmar AG - Switzerland;
  • Katerina Novakova, JSC "Wolf Theiss";
  • Krassimir Zhivachki, Executive Secretary of ATEB;
  • Mihaila Morteva, Regulatory Compliance Expert, ELANA Trading;
  • Pierluigi Frison, Director of Gas Trading, CF Partners (UK);
  • Radoslav Mikov, Partner, Wolf Theiss JSC.