Energy markets weekly: Brent,...

During the fourth week of August, Brent oil futures for the Front Month...

Europe: Electricity prices show...

During the fourth week of August, electricity prices in major European markets showed...

European electricity demand trends:...

During the last week of August, electricity demand rose in most major European...

European solar and wind...

During the week of August 25, solar photovoltaic (PV) energy production declined across...
Supported byClarion Energy
HomeSEE Energy NewsBulgaria: Gas-fired units...

Bulgaria: Gas-fired units to be built at TPP Varna

Bulgarian thermal power plant Varna has three operational gas-fired units with installed capacity of 210 MW each. The other three units were decommissioned in 2017.

TPP Varna said that it plans to invest 450 million euros in the construction of two steam-gas combined cycle 275 MW units which will replace its decommissioned coal-fired units.

According to the statement from the company, the two gas-fired units should be commissioned by 2025. It has already signed a contract for the development of a technical-economic model for the project with three Russian companies – industrial valve products manufacturer Rakityanski Armaturny Zavod, steel pipe manufacturer Trubnaya Metallurgicheskaya Kompaniya and power engineering company Atomenergomash. Each of the new steam-gas units will be equipped with a Siemens SGT5-2000E gas turbine, combined with a steam turbine, as well as the relevant electrical and auxiliary equipment.

In October 2017, Czech CEZ announced that it has sold its Bulgarian coal-fired thermal power plant, which was out of operation at the moment, to local company SIGDA. SIGDA’s offer was evaluated as best of all received in the tender, while the final purchase price will be determined as of closing of the transaction based on the level of working capital. In 2018, leader of the Bulgarian DPS party Ahmed Dogan has acquired 70 % stake in logistics company SIGDA.

 

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Energy markets weekly: Brent, TTF gas and CO2 prices show moderate fluctuations in late August

During the fourth week of August, Brent oil futures for the Front Month on the ICE market reached a weekly high settlement price of $68.80/bbl on Monday, August 25. Prices then fell 2.3% on Tuesday, August 26, hitting a...

Europe: Electricity prices show mixed trends in late August, forecasts point to September declines

During the fourth week of August, electricity prices in major European markets showed mixed trends compared to the previous week. The Nord Pool market in the Nordic countries recorded the largest weekly average increase at 58%. Italy’s IPEX market...

European electricity demand trends: August growth in most markets, UK declines

During the last week of August, electricity demand rose in most major European markets compared to the previous week. Italy saw the largest increase at 6.3%, followed by France at 3.2% and Germany at 2.1%. Spain recorded the smallest...
Supported byVirtu Energy
error: Content is protected !!