Croatian engineering group Končar has further expanded its presence in southeastern Europe after being selected to carry out a major modernization of two hydropower plants in Bulgaria. The project was awarded following a public procurement procedure organized by the state-owned power utility NEK and covers a comprehensive overhaul of the Teshel and Devin plants, which […]
Electricity generation at Unit 6 of Bulgaria’s sole nuclear power plant, Kozloduy, has resumed after the reactor was successfully synchronized with the national power grid on 24 December at 11:22 AM. The operator confirmed that output will be gradually increased, following standard operational procedures. The restart came after extensive technical verifications, laboratory analyses, and external
Bulgaria: NPP Kozloduy Unit 6 resumes electricity generation after maintenance Read More »
Bulgaria’s only nuclear power plant, Kozloduy, has announced another shutdown of its 1,000 MW Unit 6, which is scheduled to go offline on 22 December after a malfunction was detected in a safety-related component of the turbine system. The issue emerged while the reactor was in operation and affects the protective membrane of the steam
A large battery energy storage project in southeastern Bulgaria has reached an important financial milestone after renewables developer Enery secured green financing from DSK Bank, a Bulgarian lender that is part of Hungary’s OTP Group. The funding will support the construction of a utility-scale battery storage facility in the Nova Zagora area. The project will
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Westinghouse has further reinforced Bulgaria’s domestic industrial base supporting the country’s new nuclear build by signing an additional set of cooperation agreements with local companies. The latest memoranda were concluded during the company’s third Supplier Symposium in Sofia in November 2025, expanding Bulgarian participation in the planned nuclear power expansion at Kozloduy. With the signing
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Electricity generation at Bulgaria’s Kozloduy nuclear power plant has been fully restored after unit 6 was reconnected to the national grid this morning, shortly before 11:00. The reactor had been taken offline on 15 December due to a technical issue in a safety-related component located outside the nuclear section of the unit. The problem involved
Bulgaria’s electricity production grew by 6.07% in 2025, reaching 38.13 TWh, according to data from the Bulgarian electricity transmission system operator ESO. Electricity consumption also rose by 4.81% over the same period, totaling 36.52 TWh, resulting in net electricity exports of 1.61 TWh for the year. Baseload power plants, including coal and nuclear, produced a
Bulgaria: Electricity production rises 6% in 2025 as renewables gain ground Read More »
Bulgaria’s state-owned gas supplier Bulgargaz has proposed a reduction in the wholesale price of natural gas to be applied in January 2026, reflecting continued easing in market conditions. According to the proposal, the price for January is expected to be around €31.2 per megawatt-hour (MWh), marking a 3.3% decrease compared with the price approved for
The United States has extended the deadline for negotiations regarding the sale of Lukoil’s foreign assets. Under a general license issued by the Office of Foreign Assets Control (OFAC), purchase agreements for the Russian company’s international holdings can now be finalized until 17 January 2026. This extension applies solely to transactions that explicitly require separate
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The transformation of Europe’s gas landscape is redrawing the political and commercial map of Southeast Europe. In the span of just a few years, the region has shifted from a single-supplier, pipeline-dominated system to a multi-entry, LNG-influenced, competition-driven gas architecture. This transformation has profound implications for Serbia, a country positioned between Hungary, Bulgaria and Romania—three
