According to data released by the Bulgarian electricity transmission system operator ESO, electricity production in Bulgaria increased by 11.81% in the period from January 1 to June 1, 2025, compared to the same period in 2024, reaching a total of 17.79 terawatt-hours (TWh). During the same timeframe, Bulgaria’s electricity consumption rose by 7.82%, totaling 16.89 […]
Bulgaria sees sharp decline in energy production and consumption in March 2025 Read More »
According to the Bulgarian National Statistical Institute, electricity production in March 2025 dropped by 17.6% compared to February, reaching 3,472 GWh. Electricity consumption also fell by 18.3% to 2,943 GWh. Compared to March 2024, electricity production rose by 5%, while consumption declined by 1%. Natural gas consumption in March 2025 was 261 million cubic meters,
On 29 May, a formal inspection of the Vertical Gas Corridor infrastructure was held near the village of Mikrevo in southwestern Bulgaria. The event brought together key representatives from the Bulgarian Government, the gas transmission system operator Bulgartransgaz, construction company Glavbolgarstroy, as well as senior officials from Greece and Hungary, including the Greek Minister of
Bulgaria: HPP Chaira reaches major milestone in modernization efforts Read More »
Bulgaria’s pumped-storage hydropower plant Chaira has reached a significant milestone in its ongoing modernization. In mid-May, Unit 2 officially received final regulatory approval, marking the successful completion of its restoration. With this clearance, the National Electricity Company (NEK) is now authorized to fully integrate the unit into the national electricity network, finalizing the last stage
Bulgaria: Bulgargaz proposes slightly lower wholesale gas price for June 2025 Read More »
Bulgarian state-owned gas supplier Bulgargaz has proposed a marginally lower wholesale natural gas price to be applied for June 2025. The suggested price stands at approximately 32.8 euros per megawatt-hour (MWh), representing a modest decrease of 0.11 percent compared to the approved price for May, which was 32.9 euros/MWh. This comes after a more substantial
Bulgarian Energy Minister Zhecho Stankov confirmed that coal-fired power plants and coal-based heating facilities will remain in operation throughout the upcoming winter. He emphasized that there will be no shutdowns or restrictions imposed on these energy sources. Stankov announced that Bulgaria has submitted a detailed proposal to the European Commission, which includes an indefinite postponement
Hedge fund Elliott Investment Management is considering acquiring Bulgarian infrastructure assets, including a key section of the TurkStream gas pipeline, which is currently Russia’s only active gas route to Europe. The fund is also interested in related infrastructure such as data centers, cables, and other facilities linked to the pipeline. Although discussions remain preliminary, Elliott
Bulgaria postpones electricity market liberalization for households Read More »
The planned liberalization of Bulgaria’s electricity market for household consumers has been postponed indefinitely, according to Plamen Mladenovski, Chairman of the Energy and Water Regulatory Commission (KEVR). The decision was made following the latest proposals submitted to the Parliamentary Energy Committee. For the time being, the liberalization process will apply only to the wholesale electricity
Bulgaria: Parliament moves to delay electricity market liberalization for households Read More »
The Bulgarian Parliament has approved two draft amendments to the Energy Act aimed at delaying the liberalization of the electricity market for household consumers. The proposals were introduced by Members of Parliament from the BSP – United Left and There Is Such a People (TISP) parties. Under the BSP – United Left amendment, the liberalization
Bulgaria sees strong growth in electricity production and consumption in early 2025 Read More »
Bulgaria experienced a notable rise in electricity production during the period from 1 January to 4 May 2025, reaching 15.53 TWh, which is an increase of 13.43% compared to the same period in 2024. At the same time, electricity consumption grew by 8.62%, totaling 14.51 TWh. As a result, the country recorded net electricity exports
