In September 2025, a total of 2,410,532.9 MWh of electricity was traded on the day-ahead market of the Independent Bulgarian Energy Exchange (IBEX), marking a 3.9% decrease compared to August. The average daily traded volume reached 80,351.1 MWh. However, compared to the same month in 2024, the traded volume was 1.7% higher. The average baseload […]
Bulgarian renewable energy company Sunterra RE has expanded the capacity of its Kaloyanovo solar power plant near Plovdiv by installing an additional battery energy storage system (BESS). The new system provides 47 MW of installed power and 94 MWh of storage capacity. The project is intended to enhance grid stability by storing surplus solar energy
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The liquefied natural gas (LNG) terminal in Alexandroupoli, Greece, is preparing to increase its operations after being out of service since January due to a booster pump malfunction. Bulgartransgaz, Bulgaria’s natural gas transmission operator, reported that the facility is expected to restore 75% of its processing capacity starting 1 October, with full output of around
The Bulgarian government has finalized a state-backed guarantee agreement with Investbank to support a long-term loan of €25 million for the state-owned gas transmission operator Bulgartransgaz. The agreement, signed on 16 September, is intended to fund the expansion of Bulgartransgaz’s transmission network as part of the broader Vertical Gas Corridor program, which connects gas operators
According to data from the Bulgarian electricity transmission system operator (ESO), electricity production in Bulgaria between January 1 and September 28, 2025, increased by 7.1% compared to the same period in 2024, reaching a total of 30.08 TWh. During the same period, electricity consumption in the country rose by 5.3%, amounting to 27.93 TWh. This
OMV Petrom has completed the acquisition of a 50% stake in the Gabare solar project, developed by Enery in Bulgaria. The transaction, initially announced in June 2025, marks a significant milestone in the company’s regional expansion strategy and strengthens its renewable energy portfolio. The solar plant, located in the Gabare area of Byala Slatina, will
Electricity prices for businesses in Bulgaria decreased in the first half of 2025 compared to the second half of 2024, according to data from the National Statistical Institute. The only exception was the smallest corporate users consuming less than 20 MWh per year, who experienced a 6.9% increase. The largest reduction was recorded among major
The Bulgarian Commission for Energy and Water Regulation (KEVR) has approved a 1% increase in the wholesale natural gas price for October 2025. The wholesale price has risen to approximately 31.2 euros per megawatt-hour, excluding VAT and excise duty. Previously, KEVR approved a 2.5% decrease in the wholesale natural gas price for September. The newly
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According to the Bulgarian National Statistical Institute, electricity production in July 2025 rose by 8.1% compared to June, reaching 3,270 GWh. Electricity consumption also increased by 15.1% month-on-month, totaling 2,766 GWh. Natural gas consumption in July 2025 grew by 7.4%, reaching 159 million cubic meters, while production remained steady at 1 million cubic meters. Compared
Bulgaria has announced that it will stop the transit of Russian natural gas through its territory to Serbia and Hungary starting in 2026. The decision comes after renewed calls from US President Donald Trump for European countries to reduce their reliance on Russian energy. Prime Minister Rosen Jelyazkov, speaking in New York during the UN
