Podcast in English
Bulgarian National Radio © 2022 All Rights Reserved

Electricity prices on exchange surge to EUR 232.39

Photo: BGNES

Electricity prices on many of Europe’s energy exchanges went up on Friday, in Bulgaria they rose by over 25%.

At 232.39 euro (454.52 Leva) per MWh, the price of electricity placed Bulgaria among the top 5 countries with the highest prices on the old continent, data from the platform energylive.cloud indicate. In the day-ahead market segment for Friday, only Greece, Italy, Hungary and Slovenia have higher prices. Just one day earlier – on Thursday, electricity in this country was traded at 185 euro (362.09 Leva).

Since the beginning of October the average price of electric energy in Bulgaria has been 190.30 euro (372.19 Leva) per MWh, and since the beginning of the year - 84.54 euro (163.35 Leva) per MWh, platform data show. 

Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bulgaria's Minister of Energy Alexander Nikolov

Bulgaria will be receiving the agreed amounts of natural gas from Azerbaijan as of July 1

From July 1 , Bulgaria will be receiving the agreed amounts of natural gas from Azerbaijan, or 1 billion cubic meters per year, the country’s Minister of Energy Alexander Nikolov announced today at a meeting of the National Assembly Committee..

published on 5/19/22 6:38 PM

Restaurateurs outraged by return of 20% VAT on beer

Members of the Bulgarian Hotel and Restaurant Association will meet early next week in the Sunny Beach resort to discuss their future actions after the government's announced the return of 20% VAT on beer and wine. The tax was..

published on 5/19/22 5:22 PM

European Parliament calls for reconciliation between Bulgaria and North Macedonia

The European Parliament has adopted two reports calling on the EU Council to start accession talks with North Macedonia and Albania without delay, especially in the backdrop of the Russian invasion in Ukraine. The report on North..

published on 5/19/22 4:40 PM