Bulgargaz Forecasts 5-6% Dip in Natural Gas Prices for May
Bulgargaz, the leading public gas supplier in Bulgaria, anticipates a notable decrease in the price of natural gas for the upcoming month of May. According to Lyudmila Vitanova
The most advanced coal-fired power plant in the state provided 370 725MWh
of reliable energy for Bulgarian consumers
In July, AES’ TPP in Galabovo marked a new record in its power output. The most modern coal-fired power plant in the state provided 370 725MWh of reliable energy for Bulgarian consumers. That is 20% more compared to the energy generated in July 2021. The energy generated this July has been the largest monthly output since the beginning of the year and one of the largest monthly outputs since the commercial operations date.
The energy generated by AES’ TPP in Galabovo in July equals the average monthly consumption of about 1 150 000 Bulgarian households. That means that last month, every fourth Bulgarian household consumed energy provided by the two units of the power plant, which was produced from Bulgarian lignite coal only.
‘In counterpoint to the ever-growing prices of energy carriers, influenced by global developments, AES’ TPP in Galabovo continues to play an important role in maintaining socially affordable prices of electricity in the state because the TPP uses only a local energy resource’, Ivan Tzankov, Managing Director of AES Bulgaria, commented.
About AES Bulgaria
AES is the largest investor in the energy sector in Bulgaria. The company owns and operates the newest and most advanced thermal power plant in South East Europe – TPP AES Galabovo and is the majority owner and operator of the largest wind farm in the country – “Saint Nikola” near the town of Kavarna.
Follow Novinite.com on Twitter and Facebook
Write to us at editors@novinite.com
Информирайте се на Български - Novinite.bg
/AES Bulgaria
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
The Kozloduy Nuclear Power Plant (NPP) in Bulgaria is set to embark on a significant transition as it begins the process of replacing Russian nuclear fuel with American fuel from Westinghouse
Bulgargaz, the leading public gas supplier in Bulgaria, anticipates a notable decrease in the price of natural gas for the upcoming month of May. According to Lyudmila Vitanova
Eurostat's latest findings have shed light on the shifting landscape of household energy prices in the European Union, with Bulgaria emerging as a frontrunner in affordability.
The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
Sofia Airport's Terminal 3 Construction Set to Begin in Early 2026
COVID-19 Impact: Bulgaria's Grim Milestone as Highest Death Rate in EU