Bulgaria confirms Belene nuclear reactors will not be sold Read More »
Deputy Prime Minister Atanas Zafirov has announced that Bulgaria will not sell the two nuclear reactors intended for the Belene nuclear power plant. Following discussions with members of the Joint Governance Council and GERB party leader Boyko Borissov, a consensus was reached to retain the reactors, which are considered strategic assets crucial to the country’s […]
Bulgaria ends solar funding program for households Read More »
The Bulgarian Ministry of Energy has confirmed it will not proceed with a second round of funding for its rooftop solar and solar water heater subsidy program aimed at households. The decision effectively halts one of the few initiatives under Bulgaria’s national recovery plan that directly targeted individuals rather than businesses or local governments. Originally
At the Delphi Economic Forum in Greece, Bulgarian Energy Minister Zhecho Stankov underscored the strategic importance of maximizing the use of existing gas infrastructure to enhance energy security across the region. He revealed that Bulgaria is close to sealing an agreement with Shell for natural gas exploration in the Black Sea, reflecting growing international interest
Plamen Mladenovski, the newly appointed Chairman of the Bulgarian Commission for Energy and Water Regulation (KEVR), has said that natural gas prices in the country could decrease by at least 10% in the near future, as global market prices continue to decline. He pointed out that KEVR has already reduced natural gas prices for April
Bulgaria: US tariffs unlikely to impact Kozloduy nuclear expansion Read More »
Bulgarian Energy Minister Zhecho Stankov has expressed confidence that potential U.S. tariffs will not affect the budget for constructing Units 7 and 8 at the Kozloduy nuclear power plant. Responding to media inquiries, Minister Stankov stated that he does not foresee any import duties or tariffs being imposed on the nuclear reactors—either by the United
Bulgaria: Market liberalization won’t raise electricity bills for households Read More »
Energy Minister Zhecho Stankov has assured Bulgarian citizens that the upcoming liberalization of the electricity market will not lead to higher household electricity bills. He emphasized that the government is implementing compensatory measures to protect consumers, with support coming from the Electricity System Security Fund. Stankov clarified that although market liberalization is scheduled to begin
Bulgaria: IBEX reports decrease in electricity trading volumes and prices in March 2025 Read More »
In March 2025, a total of 2,396,369.9 MWh of electricity was traded on the day-ahead market of the Independent Bulgarian Energy Exchange (IBEX), marking a 7.7% decrease compared to February. The average daily traded volume for the month was 77,302.3 MWh. When compared to the same period in 2024, the traded volume in March was
According to data published by Bulgaria’s electricity transmission system operator, ESO, electricity production in Bulgaria between January 1 and March 30, 2025, increased by 16.83% compared to the same period in 2024, reaching a total of 11.74 TWh. During this period, electricity consumption in Bulgaria also saw a rise of 7.77%, reaching 11.14 TWh. As
Bulgaria: NPP Kozloduy to cut Russian fuel supplies Read More »
Kozloduy Nuclear Power Plant decided to terminate the contract with Russia for the supply of nuclear fuel, executive director Valentin Nikolov said. The contract was due to end in 2025. He added that Russian fuel already delivered will now serve as a reserve. He made the comments during a ceremony marking the loading of the
The share taken by photovoltaic plants in the electricity transmission network in Bulgaria increased by 115.01% between January 1 and May 19, 2024, compared to the same period last year, according to the latest data published on Tuesday by the system operator in Bulgaria on its website, BTA informs. According to the data, from the
