Bulgaria

Bulgaria sees strong growth in electricity production and consumption in early 2025

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 […]

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Bulgaria: IBEX reports slight decline in April 2025 day-ahead trading volume

In April 2025, a total of 2,306,921.9 MWh of electricity was traded on the day-ahead market of the Independent Bulgarian Energy Exchange (IBEX), representing a 3.7 percent decrease compared to the previous month. Despite the decline, the traded volume was 6 percent higher than in April 2024. The average daily traded volume during the month

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Bulgaria: Unit 5 of NPP Kozloduy to undergo scheduled maintenance and refueling in May 2025

Bulgaria’s Kozloduy nuclear power plant will shut down Unit 5 for its scheduled annual maintenance and refueling starting on May 5, 2025. The maintenance is expected to be completed by mid-June, with a series of necessary technical services, preventive maintenance, upgrades, and repairs being carried out on the unit’s equipment and systems. This maintenance is

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Bulgaria: TPP Bobov Dol reports strong Q1 2025 profit surge amid revenue growth

Bulgarian coal-fired power plant TPP Bobov Dol posted a net profit of €5.1 million in the first quarter of 2025, significantly up from €1.35 million during the same period last year. The company’s total revenues soared to €64.6 million, marking an 84% year-on-year increase. Operating costs also rose sharply, reaching €59.6 million in Q1 2025—an

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Region: Bulgaria remains key to Hungary’s natural gas security

Bulgaria continues to play a vital role in ensuring Hungary’s natural gas supply, and will remain a dependable transit partner in the future, Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó stated in a Facebook post on April 23, following discussions with Bulgaria’s Energy Minister Zhecho Stankov. “We highly appreciate the responsible attitude of

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Bulgaria: Key investment decision for Kozloduy nuclear expansion expected in 2026

The development of Units 7 and 8 at Bulgaria’s Kozloduy nuclear power plant is moving steadily forward, with the final investment decision expected in 2026, according to Petyo Ivanov, CEO of the project company NPP Kozloduy New Build. This decision will mark a critical milestone for the project, determining whether the expansion proceeds into the

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Bulgaria reports slight decline in electricity output and fuel production in February 2025

According to the Bulgarian National Statistical Institute, electricity production in February 2025 declined slightly by 0.2% compared to January, totaling 4,215 GWh. Electricity consumption also dropped on a monthly basis by 2.4%, amounting to 3,602 GWh. However, when compared to February 2024, both production and consumption saw strong year-on-year growth—rising by 32.3% and 21.3%, respectively.

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Bulgaria: Bulgargaz proposes lower natural gas prices for April and December 2025

Bulgargaz, the state-owned gas supplier of Bulgaria, has announced a proposed reduction in wholesale natural gas prices for December 2025. For April, the proposed price stands at approximately €33.2 per megawatt-hour (MWh), reflecting a nearly 14% decrease compared to the previously approved April price of €38.3/MWh. This April rate itself was already 14.3% lower than

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Bulgaria: Over 87% of Chiren gas storage booked for 2025/2026

Bulgarian gas operator Bulgartransgaz announced that over 87% of the available capacity at the Chiren underground gas storage facility for the 2025/2026 gas year has already been reserved, totaling nearly 567 million cubic meters. Fifteen companies secured storage rights, including eight with foreign ownership. Remaining capacity, along with injection and withdrawal services, will be auctioned

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