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Bulgaria: Parliamentary Energy Committee mandates Government report on Maritsa East complex future

The Parliamentary Energy Committee has approved a draft decision requiring the Government to prepare a comprehensive report on the implementation of Parliament's decisions concerning...

Bulgaria: Electricity exports fell by 66% in 2023

Electricity exports in Bulgaria decreased by 66 % in 2023, compared to last year's period, according to data published by electricity transmission system operator...

Bulgaria, Record profit of TPP Marica Istok 2 – 173 million euros in the first six months

In the first half of 2022, Bulgaria's state-owned coal-fired thermal power plant tripled production, while revenues increased nine times. In the first six months, TE...

Bulgaria, Coal-fired thermal power plant Maritsa East 2 remains critical

Despite a significant increase in electricity sales revenues, the financial situation at state-owned coal-fired thermal power plant Maritsa East 2 remains critical. The report for...

In October Bulgaria’s Maritsa East Mines celebrated a record 1 622 556 tonnes of lignite extracted

People abandoned at the edge of Bulgaria’s largest coal basin expect accountability from the multilateral development bank that financed the mine expansion. In October Bulgaria’s Maritsa...

Bulgaria, Maritsa East 2 is in total financial collapse

Bulgarian state-owned coal-fired thermal power plant Maritsa East 2 is in total financial collapse, after it recorded losses in the amount of 126 million...

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SEE power markets 8/9 split as solar deepens midday lows while Italy keeps premium

Day-ahead electricity prices across Southeast Europe diverged sharply for delivery on Tuesday, September 8, as stronger solar supply compressed daytime values while Italy and...

Slovenia appoints GEN leadership ahead of Krško 2 nuclear project decisions

New executives at GEN energija and GEN-I Slovenia has appointed new leadership at state-owned GEN energija and electricity supplier and trader GEN-I, changing management at...

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...

EPCG completes major works on €26m Gvozd 2 wind expansion in Montenegro

Montenegro’s state power utility EPCG has completed most work on the second of three turbine foundations at its 21 MW Gvozd 2 wind project,...

Greece approves €2.3bn programme for island grids, renewables and storage

Greece has secured approval for a €2.3 billion programme aimed at decarbonising its islands, with Athens directing more than €2 billion towards electricity interconnections,...