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Bulgaria: NEK joins IBEX platform to boost guarantees of origin market

The Bulgarian state-owned National Electric Company (NEK) has been officially registered as an active participant in the guarantees of origin market segment operated by...

Bulgaria: NEK to add 10 MWh battery storage to Vacha 1 hydropower plant and expand energy storage

Bulgarian state-owned power utility, the National Electricity Company (NEK), plans to install a 10 MWh battery energy storage system (BESS) at its recently reconstructed...

Bulgaria: NEK initiates tender for major upgrade of Chaira hydropower plant

The National Electricity Company (NEK) has initiated a tender for the supply and replacement of generators, turbines, and auxiliary systems at the Chaira pump-storage...

Bulgaria: Negotiations with Ukraine over NPP Belene equipment to be extended by six months

The Parliamentary Energy Committee on Wednesday rejected a draft decision proposed by the Bulgarian Socialist Party (BSP) to halt negotiations and actions concerning the...

Bulgaria: The price of balancing energy is extremely high

The price of balancing electricity on the Bulgarian wholesale market is very high, Dr Dimitar Beleliev, Chairman of the Management Board of the Bulgarian...

Bulgaria: EIB to support 800 MW pumped-storage HPPs

The European Investment Bank and Bulgaria’s national electricity company (NEK) signed an agreement for consultancy assistance in the preparation of a feasibility study for...

Latest news

SEE power markets remain exposed to gas supply risks ahead of winter

Southeast European power markets entered the final part of September with lower electricity demand and sharply reduced gas-fired generation, while exposure to gas supply...

Italy and Croatia see higher LNG inflows as Greek receipts decline

LNG inflows increased in Italy and Croatia during the week to 20 September, adding to imported gas availability as European markets prepared for the...

Croatia’s renewable output plunges as hydro gains fail to offset rising power imports

Croatia recorded a 54.3% decline in variable renewable generation in the week to 20 September, marking one of the steepest drops in the region,...

SEE wind and solar output falls faster than electricity demand

Southeast Europe’s variable renewable electricity generation declined faster than power demand in the week ending 20 September, limiting the downward pressure on electricity prices...

SEE gas-fired power generation drops 13.6% as coal output edges higher

Gas-fired electricity generation across the Southeast European markets covered fell 13.60% in the week ending 20 September, declining at more than twice the rate...