Bulgaria Allocates €7 Million to Modernize Varna and Burgas Terminals
The Ministry of Transport and Communications has greenlit four strategic projects aimed at enhancing intermodal operations and modernizing Bulgaria’s key logistics terminals
The "Varna" Thermal Power Plant, photo by cez.bg
Czech power utility CEZ, owner of the Varna Thermal Power Plant, has informed about the launch of a project for reducing sulphur and nitrogen oxides emissions and dust particles at three units of the plant.
The project will render the three units of the TPP compatible with EU environmental emission standards and will extend their life until 2023.
The investment in the Varna Thermal Power Plant, situated in Bulgaria's Black Sea city of Varna, amounts to EUR 100 M.
The designing and the construction of the purification installations will begin in 2013 and is to be completed by end-2015, according to reports of investor.bg.
The Varna TPP is part of the so-called "cold reserve" of Bulgaria's energy system.
The Varna TPP is connected to the national grid at the request of the Electricity System Operator (ESO) to prevent power shortages during peak loads.
In 2011, the generating units of the Varna-based TPP were used on 41 occasions, according to a media statement of CEZ.
Air pollution prevention measures will be implemented at units 4 to 6 of the Varna TPP.
While the emission reduction technologies are being installed, the Varna-based TPP will continue to be part of the reserve generating capacity and units 1 to 3 will supply electricity in case of necessity.
Units 1 to 3 of the "Varna" TPP will most likely be dismantled after 2013.
The Varna TPP is currently the second largest thermal power plant in Bulgaria and on the Balkan Peninsula.
The condensation-type TPP has a total installed capacity of 1260 MWh, including six mono blocks of 210 MWh each.
Electricity and natural gas prices in Bulgaria remain among the lowest in the European Union, according to the latest figures published by the European statistics agency Eurostat for the first half of 2025.
Bulgaria currently has sufficient reserves of motor fuels and raw materials to cover normal domestic consumption for more than three months, Deputy Finance Minister Stanimir Mihaylov told lawmakers during an extraordinary sitting of the National Assembly
Energy expert Nikolay Kacharov, speaking to Bulgarian National Radio, highlighted that Bulgaria’s energy costs have risen significantly due to contractual obligations, even before considering increased gas prices caused by the conflict in the Middle East
Energy Minister Traycho Traykov has held talks with representatives of the Bulgarian Oil and Gas Association to discuss developments on international energy markets and their impact on fuel prices in Bulgaria
Fuel costs in Bulgaria have jumped sharply over the past week, rising between 6 and 9 percent, according to data from the platform Fuelo.
Global oil markets opened the week with an abrupt surge in prices, pushing crude benchmarks above the symbolic USD 100 per barrel mark for the first time since the early stages of the war in Ukraine in 2022
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