ICGB, the independent transmission system operator of the Greece-Bulgaria gas interconnection, announced after the quarterly auctions for the 2023-2024 gas year that over 82% of the…
Coal-fired electricity generation in Bulgaria decreased by 58% in May 2023, according to a report published by Fluence, (Bulgaria: Energy Storage as a Catalyst for a…
The Bulgarian government approved a derogation from EU regulations to allow the operator of the nuclear power plant Kozloduy to receive deliveries from Russian suppliers to…
The European Commission (EC) approved 16 million euro aid aimed to support the expansion of the underground gas storage facility Chiren, operated by natural gas transmission system…
The Current State of the Bulgarian Power Market: Why is Energy Storage More Relevant than Ever? The Bulgarian power sector is currently attracting significant interest from…
Production of electricity in Bulgaria in January 2023 increased by 1%, compared to December 2022, to 4,440 GWh. In the same period consumption of electricity increased…
Bulgarian Ministry of Energy and the European Bank for Reconstruction and Development (EBRD) have signed two agreements that are key to the country’s National Recovery and…
ESCO Bulgaria, a former unit of Czech energy company CEZ, announced that it will develop, install and maintain two solar power plants with a total capacity…
Ratings agency Fitch said that it has upgraded the long-term foreign and local currency issuer default ratings (IDR) of state-owned Bulgarian Energy Holding (BEH) to BB+…
Bulgarian Commission for Energy and Water Regulation (KEVR) said that fined local company Energy Supply with some 85,000 euros for breaching EU regulations for trading applicable…