Easter Monday in Bulgaria: Tradition and Family Visits
Orthodox Easter Monday is the day following Easter Sunday and is observed across Bulgaria as part of the wider Easter celebration within the Orthodox Christian tradition
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Bulgarian Energy Minister Temenuzhka Petkova. Photo: BGNES
A trial launch of the Independent Bulgarian Energy Exchange (IBEX) is expected to take place on Friday.
The aim of the exchange is to ensure that electricity will be sold and purchased at prices determined by the market.
The first participants in the exchange will be Kozloduy Nuclear Power Plant, Maritsa East 2 Thermal Power Plant and hydroelectric power plants, with the other producers to follow suit.
The exchange is expected to start functioning in real conditions from the beginning of next year.
Until the full liberalisation of the energy market, households will be able to choose whether to purchase electricity from the exchange or to stay within the regulated market where the prices are determined by the Water and Electricity Regulatory Commission (KEVR).
Several days ago, Bulgarian Energy Minister Temenuzhka Petkova assured that the process of full liberalisation of the energy market will take place gradually so that users have enough time to make an informed choice.
So far, the market has been liberalised for the large industrial enterprises and medium-sized businesses or around 12 000 users.
Some more time is needed in order for household users and small-sized businesses – a total of five million users, to be able to change their electricity provider.
Bulgaria’s fuel market has recorded a sharp upward shift since the outbreak of the war in Iran, with diesel and petrol prices rising significantly across the country
The second exploration drilling in the Krum-1 area of the Khan Asparuh block in Bulgaria’s Black Sea has also failed to identify commercially significant natural gas deposits, according to OMV Petrom
The Ombudswoman institution has voiced strong opposition to the proposed increase in heating prices in Sofia, which is expected to approach nearly 30 percent
The Energy and Water Regulatory Commission (EWRC) in Bulgaria has set the price of natural gas for April 2026 at 34.27 euros per megawatt-hour, excluding access, transmission, excise duties and VAT
Fuel prices in Bulgaria have recorded a sharp upward movement over the past month, with diesel showing the most significant increase, according to data from the Fuelo platform
Bulgargaz has defended its previously submitted proposal for a 5% rise in natural gas prices for April before the Energy and Water Regulatory Commission, with CEO Veselin Sinabov stressing that there is currently no justification for any further increases
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