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RES-generated electricity will reach 50% by 2033, according to electricity network transmission plan

According to the plan for the development of the electricity transmission network of Bulgaria 2024-2033 of the Electricity System Operator, as of 2033, production from renewable energy sources (RES) will exceed 50% of the projected electricity..

22.08.24 08:49 |

The state will continue to provide compensation to businesses over the price of electricity

Until the end of 2024, businesses will continue to receive compensations for high electricity prices. They will be 100% after a price of over 90 euros per megawatt hour on the stock exchange. The previous threshold was 100 euros. The..

26.07.24 15:13 |

EU pays €65m for Bulgaria's electricity grid

Bulgaria will receive €65.2 million from the EU for a project to reinforce the electricity grid to better support the integration of renewable energy, the European Commission said in a statement.  The money is part of a total of nearly €3 billion..

24.06.24 14:16 |

Kozloduy NPP withdraws proposal for 30% rise in electricity price, will propose less

Household electricity prices could go up by less than 30% as of 1 July, 2024, Energy Minister Vladimir Malinov announced at a briefing at the Ministry of Energy. Kozloduy Nuclear Power Plant has withdrawn the price proposal, and after..

16.05.24 14:29 |

On possible life in a world without monopolies

Amendments to the Energy Act adopted in the Bulgarian Parliament have moved the start of ‎the transitional period of electricity market liberalisation forward in time by one ‎year - to 1 July 2025. The changes should provide a gradual opportunity for..

13.05.24 11:20 |

Energy Minister does not rule out the possibility that electricity will rise from 1 July

Caretaker Energy Minister Vladimir Malinov has admitted the possibility that electricity for households might rise in price from 1 July this year . The reason for this is the accumulated deficit in the "Security of the electricity system" fund. "At..

12.05.24 15:21 |

Тransition to liberalization of the electricity market will happen July-December 2025.

By adopting amendments to the Electricity Price Regulation Ordinance, the Energy and Water Regulatory Commission marked the next stage of the liberalization of the electricity market, envisaging full liberalization of the wholesale electricity market as..

07.05.24 17:59 |
Maritsa East 2 TPP

Amount of electricity produced by coal-fired power plants in Bulgaria is falling

An increase of more than 140% in the electricity from photovoltaic plants and a collapse of the output from coal plants in 2023 show data in the report of the Commission for Energy and Water Regulation submitted to the Bulgarian parliament.  In 2023,..

26.03.24 09:12 |
Dimitar Manolov

Bulgaria imports electricity from Serbia produced from Bulgarian coal

During the winter, Bulgaria imports electricity from Serbia, which is produced from Bulgarian coal. The explanation of this paradox lies in the fact that Serbia is not an EU member state and does not pay carbon emissions, so it can offer us such..

24.03.24 12:17 |

MP warns of risk that lectricity System Security Fund may fall into deficit

At a meeting in the National Assembly, from the parliamentary rostrum, MP Pavela Mitova, a member of the Energy Commission from the ITN group, presented a Declaration that 14 times signals have been sent to the authorities related to the country's energy..

14.03.24 11:34 |
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