Energetics
News about production, supply, and pricing of electricity, gas, fuels, and renewable energy sources.
Kostadinov: Sanctions against Lukoil will not affect Bulgaria
Kostadin Kostadinov stated that the sanctions against Lukoil will not affect Bulgaria. He commented on the topic of foreign investments and revoked journalist accreditations. Kostadinov also sent an inquiry to the Netherlands.
EWRC Announces Electricity Compensation for Household Consumers
The EWRC has announced compensation for electricity for household consumers. The mechanism aims to protect households from price fluctuations. The compensations differ for different suppliers, covering the price difference.
Gas in the Black Sea: Economic Potential for Bulgaria
An EY study for OMV Petrom reveals significant potential for natural gas extraction in the Black Sea, which could stimulate the Bulgarian economy. Investments in offshore projects could bring substantial revenue to the country.
Bulgargaz Proposes Gas Price for November: 65.82 leva/MWh
Bulgargaz has proposed a natural gas price for November of 65.82 leva per megawatt-hour, which is an increase compared to October. The Energy and Water Regulatory Commission is to approve the price.
Act 15 for the National Radioactive Waste Repository (NRWR)
Act 15 for the National Radioactive Waste Repository (NRWR) will be signed in March 2026. The facility, costing 75 million euros, will store radioactive waste from Bulgaria.
Gas: Natural Gas Prices See Changes Today
Natural gas prices in Europe and Bulgaria are showing movements. November TTF futures are at 31.850 euros per megawatt-hour. The domestic market in Bulgaria also shows changes.
Energy Minister Sends Experts to Assess the Grid in Burgas
Minister Zhecho Stankov is sending an expert team to Burgas to assess the electricity transmission grid. The aim is — to determine its condition and to propose solutions for improving the energy infrastructure, ensuring a stable power supply.
Ukraine Seeks Alternatives for Khmelnytskyi NPP, Avoiding Russian Equipment
Ukraine is considering alternatives for completing the Khmelnytskyi nuclear power plant, avoiding equipment from Russia, which was proposed by Bulgaria. Minister Hrynchuk announced various options, reflecting the complex situation.
Bulgartransgaz: Extends Gas Transport Route to Ukraine
Bulgartransgaz and operators from Greece, Romania, Moldova, and Ukraine are extending the route product for gas transport to Ukraine until 2025/2026. The initiative improves energy security and gas supplies.
Burgas: Electricity from food waste for the first time
Burgas has started producing electricity from separately collected food waste. Mayor Dimitar Nikolov announced this, thanks to the new anaerobic installation. The installation processes 30,000 tons of waste annually.
Energy Consumption and AI: Trends up to 2040 and Solutions
By 2040, energy consumption is growing due to AI and data centers. Long-term contracts and new capacities, including Kozloduy NPP, are being discussed to avoid market problems.
Wind Energy Bulgaria: Kavarna - New Center
A seminar in Kavarna discussed 20 years of wind energy in Bulgaria. Experts from APSTE and BGVEA noted growing interest and potential, but also administrative challenges. The future of wind energy in Bulgaria looks promising.
New Tenders, Grid Transformation, and Renewables Innovations: Bulgaria Bets on Batteries, Modern Grids, and Energy Efficiency
Bulgaria launches new tenders for renewable energy capacities, invests over €600 million in flexible batteries and €185 million in power grids to integrate 7 GW of green energy.
American Nuclear Fuel for Kozloduy NPP
Starting in 2024, the sixth unit of the Kozloduy Nuclear Power Plant will use American nuclear fuel. This is part of a strategy to diversify supplies and reduce dependence on Russia. Successful tests on the fifth unit give confidence for trouble-free operation.
The State Guarantees BGN 248.9 Million for the "Vertical Gas Corridor"
The government has approved state guarantees of BGN 248.9 million for Bulgartransgaz for the "Vertical Gas Corridor" project, a project for energy independence.