Why OE-governed quality assurance...

In every mature renewable market, there comes a moment when engineering quality—once assumed,...

Insurance, force majeure and...

In the early stages of Southeast Europe’s renewable expansion, wind investors focused primarily...

ESG, community strategy and...

For years, wind investment strategies in Southeast Europe focused almost exclusively on technical...

The grid-ready wind farm...

A decade ago, the success of a wind farm in Southeast Europe was...
Supported byClarion Energy
HomeSEE Energy NewsThe TPP Maritsa...

The TPP Maritsa East has generated 12 % of electricity produced in Bulgaria in 2022

Local subsidiary of US company ContourGlobal, the operator of coal-fired thermal power plant Maritsa East 3, said that the plant has generated 12 % of electricity produced in Bulgaria in 2022.

The statement from the company said that, in 2022, the plant’s electricity generation increased by 7 % compared to the previous year and was the highest in the plant’s operational history. The electricity produced by the plant last year was enough to cover the needs of 1.3 million Bulgarian households.

ContourGlobal Maritsa East 3 owns and operates the first lignite coal-fired thermal power plant in southeastern Europe, which operates in full compliance with the highest European standards for occupational safety and environmental protection. The 908 MW plant generates about 10 % of the electricity in Bulgaria, using local energy sources and thus contributes to guaranteeing the energy security and independence of the country. The plant produced 11 % of Bulgaria’s electricity in 2022 (4.55 TWh).

The shareholders are ContourGlobal with 73 % stake and the National Electricity Company (NEK) with 27 % stake.

Sign up for updates & special reports

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Why OE-governed quality assurance is becoming the new currency of wind asset value in Southeast Europe

In every mature renewable market, there comes a moment when engineering quality—once assumed, often overlooked—becomes the defining currency of asset value. Southeast Europe is entering that moment now. Serbia, Romania, Croatia, and Montenegro are witnessing a scale-up in wind...

Insurance, force majeure and financial risk transfer — the new architecture of protection for wind investors in Southeast Europe

In the early stages of Southeast Europe’s renewable expansion, wind investors focused primarily on EPC contracts, turbine warranties, and revenue support mechanisms. Insurance was treated as a formal requirement—necessary for lenders, but rarely integrated into strategic project design. That...

ESG, community strategy and social license — the hidden financial drivers of wind success in Southeast Europe

For years, wind investment strategies in Southeast Europe focused almost exclusively on technical variables: resource quality, EPC pricing, grid access, and financing structure. But as markets mature, a new set of forces is emerging—less visible than capex or P50...
Supported byVirtu Energy
error: Content is protected !!