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BULGARIA

Bulgaria may see PPA boost in coming months – trader

Date: 29.05.2023 Author: Yana Palagacheva
Bulgaria may see PPA boost in coming months – traderPhoto: Montel

The volume of power purchase agreements (PPA) concluded in Bulgaria could increase over the next 6 to 12 months, Dimitar Bartov, managing director at the power trading company Synergon Energy, told

Bulgaria needs extra 4 GW wind to stay power exporter – BGWEA

Date: 24.05.2023 Author: Yana Palagacheva
Bulgaria needs extra 4 GW wind to stay power exporter – BGWEAPhoto: Montel

Bulgaria must build 4 GW of new onshore wind capacity by 2030 to keep its net power exporter status, Miglena Stoilova, chairperson at the Bulgarian Wind Energy Association (BGWEA), told Montel on

Balkan power exchanges hit first ever zero, negative prices

Date: 23.05.2023 Author: Yana Palagacheva
Balkan power exchanges hit first ever zero, negative pricesPhoto: ACER

Romania’s Opcom power exchange and its Bulgarian counterpart Ibex have both recently recorded first-time negative and zero prices on the day-ahead market, which market participants see as a clear

Bulgarian power storage regulations need revising – Nek CEO

Date: 19.05.2023 Author: Yana Palagacheva
Bulgarian power storage regulations need revising – Nek CEOPhoto: bellona.org

Bulgaria’s current regulatory framework does not support investments in new or existing electricity storage capacity, Martin Georgiev, CEO at the state-owned power utility Nek, said on Thursday.

EU matches 10.9bcm in first round of joint gas sales

Date: 16.05.2023 Author: Siobhan Hall, Montel
EU matches 10.9bcm in first round of joint gas salesPhoto: Roman Peklaj

The EU’s new joint gas buying platform has matched 10.9bcm of sales offers with potential buyers in its first tendering round, European Commission vice-president Maros Sefcovic said on Tuesday.

Romania, Bulgaria to add 14 GW of renewables by 2030 – study

Date: 04.05.2023 Author: Yana Palagacheva
Romania, Bulgaria to add 14 GW of renewables by 2030 – studyPhoto: Montel

Over 14 GW of new renewable energy capacity could be installed in Romania and Bulgaria over the next 8 years, according to research conducted by the UK-based power analytics provider Aurora Energy

Excessive red tape slowing renewables in Bulgaria – developers

Date: 03.05.2023 Author: Yana Palagacheva
Excessive red tape slowing renewables in Bulgaria – developersPhoto: Montel

The construction of renewable energy sources in Bulgaria is being significantly hampered by lengthy land permitting processes and grid connection delays, renewable energy developers have told Montel.

Greek-Bulgarian gas link operator eyes hydrogen blending

Date: 28.04.2023 Author: Yana Palagacheva
Greek-Bulgarian gas link operator eyes hydrogen blendingPhoto: TAP AG

Analysing hydrogen blending prospects and building a new compressor station in Greece are the two priorities of the natural gas interconnector Greece-Bulgaria (IGB), Teodora Georgieva, the executive

Macedonian ESM to open EU-based subsidiaries to purchase gas

Date: 26.04.2023 Author: Montel
Macedonian ESM to open EU-based subsidiaries to purchase gasPhoto: TAP AG

The government of North Macedonia has ordered the power utility ESM to register subsidiaries in neighbouring Greece and Bulgaria for natural gas procurements.

Expected AIB membership to boost Bulgarian GO market – expert

Date: 26.04.2023 Author: Yana Palagacheva
Expected AIB membership to boost Bulgarian GO market – expertPhoto: Roman Peklaj

The liquidity of Bulgaria’s guarantees of origin (GOs) market will considerably improve once it joins Europe’s Association of Issuing Bodies (AIB), Ivan Velev, an environmental commodities trader

Experts welcome Bulgarian nuclear plant supply diversification

Date: 25.04.2023 Author: Yana Palagacheva
Experts welcome Bulgarian nuclear plant supply diversificationPhoto: www.kznpp.org

The Kozloduy nuclear power plant’s contract with a new fuel supplier will have a positive impact on the Bulgarian energy sector’s market competitiveness and business reputation, local energy

Bulgaria pipe congestion could curb LNG flows to Europe – expert

Date: 20.04.2023 Author: Yana Palagacheva
Bulgaria pipe congestion could curb LNG flows to Europe – expertPhoto: TAP AG

Bulgaria needs to boost its gas transmission capacity to avoid congestion and allow for higher LNG volumes to flow to other eastern European countries, an energy expert told Montel.



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