Supported byClarion Energy
HomeElectricityBulgaria: Increased electricity...

Bulgaria: Increased electricity production of St. Nikola wind farm

In the first nine months of 2020, Bulgarian largest wind farm Saint Nikola, owned and operated by AES Bulgaria, produced a total of 254,384 MWh of electricity, which is 23 % more compared to the same period last year.

The statement from the company said that this 156 MW wind farm marked the tenth year since the start of its commercial operations in March 2020. In the first ten years of its operation, the wind farm has produced over 3.2 million MWh of electricity and saved Bulgaria some 2.6 million tons of carbon dioxide emissions. Its half-year electricity production in 2020 was 28 % above last year’s. Saint Nikola wind park is located near the town of Kavarna on the Black Sea coast. It was built in 2009 and put into operation a year later. It has 52 wind turbines with power output of 3 MW each. The total investment in the project was 270 million euros, of which 198 million euros was provided by a bank consortium including the European Bank for Reconstruction and Development (EBRD), the International Financial Corporation (IFC) and UniCredit Bank.

 

 

 

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

European gas rally lifts Bulgaria’s regulated September discount to €41.60/MWh

European benchmark gas prices moved above €74/MWh on Tuesday, widening the spread versus Bulgaria’s regulated September price of €41.60/MWh. The move highlights differences in fuel costs across Southeast Europe ahead of the autumn heating season. TTF rises as LNG supply...

Bulgaria approves sanctions exemptions for Kozloduy maintenance and Belene equipment preservation

Bulgaria has approved two targeted sanctions exemptions for Russia covering specific nuclear activities. The measures relate to maintenance-related work at the Kozloduy nuclear power plant and preservation activities for equipment stored at the unfinished Belene project. The exemptions keep...

Bulgaria September regulated gas price discount widens as TTF nears €74.4/MWh

Bulgaria’s regulated gas benchmark for September is trading at a widening discount versus European hub levels after Dutch front-month TTF climbed toward €74.4/MWh. The move has increased the gap between the Bulgarian price and the latest TTF assessment. The...
Supported byVirtu Energy