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

President Radev has not included DPS-New Beginning in the consultations on the formation of a government

President Rumen Radev continues consultations with parliamentary groups for the formation of a new government, after meeting with GERB-SDS and PP-DB today . However, a meeting with DPS - A New Beginning led by Delyan Peevski is not scheduled. This..

published on 12/10/24 3:24 PM

National Assembly Speaker Kiselova promises that the 2025 Budget would be adopted in a short time

At a meeting with caretaker Premier Dimitar Glavchev, National Assembly Speaker Natalia Kiselova reaffirmed her intention that the state budget for 2025 be adopted as soon as possible. Before that, however, the parliamentary committees are to..

published on 12/10/24 2:21 PM
Consultations with GERB/SDS

President Radev begins consultations on the formation of a government

The formation of a majority is a pretty challenging task in a highly fragmented parliament. I am glad that parliament is starting its work in substance, said President Rumen Radev at the beginning of his meeting with representatives of GERB/SDS at..

published on 12/10/24 1:36 PM