Financial contributions from traders and power producers to support end consumers
At the end of 2022, amendments to the Law on Implementation of the provisions of the State Budget Act came in force, […]
News
The draft energy strategy relies on new NPP, RES and HPPs
The Ministry of Energy (ME) published a draft energy strategy entitled Strategic vision for sustainable development of the electricity sector of the […]
Production and consumption in 2022
In 2022, In Bulgaria was observed extremely high electricity production equal to 50.4 TWh. The generation structure was dominated by coal-fired thermal […]
Gas agreement between Turkey and Bulgaria
The contract with the Turkish company Botaş is for infrastructure usage, for supply of liquefied natural gas (LNG) and is of strategic […]
Kozloduy NPP waives penalties and pays compensations
According to a publication in Mediapool, Kozloduy NPP has refused to continue lawsuits filed by its previous management against four electricity traders […]
Founding of the first regional energy exchange
Slovenian and Serbian TSOs along with EPEX SPOT established the first regional power exchange for Central and South-Eastern Europe. Alpine-Adriatic Danube Power […]
Overhauls of power plants in 2023
In 2023, the Bulgarian Kozloduy nuclear power plant will operate at a reduced capacity due to the overhaul of two units, which […]
Taxation of revenues of electricity traders and electricity producers
On December 1, Regulation (EU) 2022/1854 of the Council of the European Union on emergency intervention to address high energy prices entered […]
Termination of Bulgarian natural gas release programme
The parliament adopted the waiver of the obligation of the state gas supplier Bulgargaz to sell part of its quantities of natural […]
Outlook for the electricity market during the winter season
The article was published in the December issue of Utilities magazine. With the approach of the first cold weeks of November, consumption […]