From April 1: Major Job Cuts as Bulgaria’s Second-Largest Coal Plant Closes
The second-largest coal-fired power plant in Bulgaria
Photo by BGNES
AES and ContourGlobal thermal power plants, alongside renewable energy sources, will remain the primary sources in the energy mix of Bulgaria, a recent document shows.
The lates pricing decision of energy watchdog KEVR shows that AES Martiza East 1 and ContourGlobal Maritsa East 3 sets theire share in Bulgaria's energy system at 20% and 25.2%, respectively.
Renewables, which currently produce the most expensive energy (and which has had for years to be bought under preferential conditions, in line with legislation adopted in early 2010s), form 18.8% of the mix, according to the ruling, 3e-news.net, a website specialized in energy, reported on Monday.
State-owned Maritsa Iztok 2 TPP and the Kozloduy NPP have seen a substantial decrease in their respective shares - now at 4.1% and 6.7%.
This comes, however, just after the government had explained it would take Maritsa Iztok 2 out of the regulated market.
The rest is generated by heating utilities (16.3%) and the hydropower plant owned by the National Electricity Company NEK (8.75%).
Bulgaria is trying to gradually slide toward energy market liberalization, with only household consumers currently remaining within the regulated market (only 6000 customers, in a nationl of 7.2 million, have left it as of end-July).
It is also seeking to tackle the BGN 3.7 B worth debt of NEK through a number of measures, including an increase in power prices for businesses, a measure that has been in force since August 1.
American energy companies Chevron and Quantum Capital Group are reportedly preparing a USD22 billion bid to acquire the sanctioned Russian oil giant Lukoil
The first shipment of liquefied natural gas from the United States intended for Bulgaria in 2026 has already reached the LNG terminal in Alexandroupolis
From today, January 1, 2026, natural gas in Bulgaria becomes 3.3 percent cheaper, with the new price set at 31.15 euros, or approximately 61 leva, per megawatt-hour,
Bulgargaz has submitted a proposal for the price of natural gas in January, setting it at 60.93 BGN per MWh, which equals 31.15 EUR per MWh, excluding charges for access, transmission, excise duties, and VAT.
The upcoming year promises to be decisive for Bulgaria’s energy sector, determining whether the country will secure a strong position within Europe’s evolving energy and industrial framework or remain on the periphery
Bulgaria has offered to provide fuel oil to the Republic of North Macedonia after confirming that it holds sufficient reserves to meet domestic needs, according to the government press service.
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