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

Delyan Peevski

Delyan Peevski opposes referendum on the euro

The Movement for Rights and Freedoms (DPS) is against the attempts of the anti-European and pro-Russian parties to play with the topic of "referendum for the euro". In a position published by the press center of the DPS, the chairman..

published on 7/10/24 4:31 PM
Danube Bridge - Ruse

The new bridges between Bulgaria and Romania are a matter of political will

The start of the major repair of the Danube Bridge near Ruse is the reason for a serious conversation about the connectivity between Bulgaria and Romania. Along the 409 km long border, there are just two bridges and 5 ferries, some of..

published on 7/10/24 1:20 PM
Toshko Yordanov (L) and Tsoncho Ganev

Vazrazhdane and ITN want referendum on keeping the Bulgarian Lev, again

Vazrazhdane and There Is Such a People (ITN) are to submit, to the National Assembly, a draft decision for the holding of a referendum on preserving the Bulgarian Lev, said Vazrazhdane MP Tsoncho Ganev. This is an initiative which the previous..

published on 7/10/24 11:42 AM