Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria now importing significantly more electricity than exporting

Photo: BGNES

Electricity production in Bulgaria has decreases by over 15%, as the decrease in hydroelectric power plants is about 50%. Many manufacturers are planning repairs, which will strengthen Bulgaria's new profile as a net electricity importer. From the beginning of the year to February 2, this country imported 570 684 MWh, which is 108.21% more than in the same period last year. On the other hand, electricity exports fell by about 33.67% compared to January 2019 to 507 749 mWh. This shows that because of high market prices it is cheaper for Bulgarian companies to buy electricity from abroad. For example, the price of electricity on the day-ahead market of the Bulgarian Independent Energy Exchange on February 4 is 43.25 EUR/mWh, while in Germany and France it is sold for about 28 EUR/mWh, capital.bg points out.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Plovdiv District Prosecutor Vanya Hristeva

Scheme for fictitious deals with fuel exempt from excise duty has been uncovered

A scheme for tax crimes through the use of documents with false content about carrying out fictitious deals with fuel exempt from excise duty has been busted. The avoided payment of excise duty is over 4.8 million EUR. The company, which was..

published on 12/10/24 5:34 PM
We Continue the Change Co-chairman Kiril Petkov

We Continue the Change Co-chairman Kiril Petkov gives up his imminuty

 We Continue the Change Co-chairman Kiril Petkov has submitted to the registry of the 51st National Assembly a waiver of his parliamentary immunity.   ''Today, I signed a waiver of my parliamentary immunity. Neither Peevski, nor the other thugs,..

published on 12/10/24 4:49 PM

Scientists study the genome of Bulgaria

More than 1,000 people have participated in the pilot phase of the project "The Genome of Bulgaria", which aims to collect and analyze a representative sample of genomes from contemporary Bulgarians. With this initiative, Bulgaria will contribute to..

published on 12/10/24 4:03 PM