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By end-September 2015, Bulgarian producers of electricity exported 8.42 million MWh, according to operational data of the Electricity System Operator (ESO).
Bulgaria’s electricity export went up by 31.7% on an annual basis during that period.
One of the reasons behind the increase is the increased capacity of the network via which electricity is supplied to Greece to a rate of 700 MWh, which was used in the summer months when electricity consumption is traditionally higher.
ESO data, as cited by investor.bg, also indicates a slight slowdown of the growth in electricity export, taking into account that growth stood at 35% in the first eight months of 2015.
However, the slowdown is typical for the autumn months, when electricity consumption traditionally shrinks.
In the first nine months of 2015, the electricity production went up by 8.8% to 36.5 million MWh, while electricity consumption added 3.4%.
In the first nine months of 2015, Bulgaria’s power consumption stood at slightly over 28 million MWh.
ESO continues to report growth in the production of electricity by hydroelectric power plants.
In the period January - end-September 2015, a total of 5.4 million MWh of electricity was produced by hydroelectric power plants in the country, up by 54.5%, according to ESO data.
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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