Bulgarian government subsidizes businesses with EUR 51 per MWh
Bulgaria’s interim government has also decided to speed-up the implementation of the aid scheme planned for next year
Bulgaria developing plans to phase out coal by 2040
After the upcoming election, Bulgaria's parliament is set to choose between three scenarios for a coal exit: by 2035, 2038 and 2040
IBEX completes first phase of day-ahead market coupling with Romania
The day-ahead market coupling will significantly increase competition and reduce market concentration, IBEX said.
Bulgarian government to subsidize electricity price for industrial consumers
Prices have increased 72% from the beginning of the year, and today the price on the day-ahead market is at EUR 133 per MWh.
Bulgaria’s 116 GW offshore wind potential in Black Sea is decarbonization opportunity
The Bulgarian territorial waters of the Black Sea offer 116 GW of technical wind potential, 26 GW of which can be easily utilized.
Bulgarians protest to keep ban on building hydropower plants in protected areas
Citizens protested throughout Bulgaria against the government's proposal to scrap the ban on the construction of hydropower plants in protected areas
Securing EU money for Bulgaria’s energy transition will be difficult without coal phaseout date
Professor Koso Stoychev said Slovakia, Romania and Greece have set dates for phasing out coal, and that Bulgaria must do the same.
Bulgaria hints at possible closure of all coal-fired power plants by mid-2025
The current version of the National Recovery and Resilience Plan may lead to a rapid coal exit in Bulgaria as the Maritsa East complex would be shut down