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Весела Катрева

Lignite-fired electricity generation maintained its domination despite a drop of nearly 2TWh

According to ENTSOE operational data, country’s electricity generation in Q1 2023 (12 TWh) remained considerably below last year’s boom (-18.3%) as regaining values of 10-12 TWh and thus, bringing it closer to the values typical for that time of the year. Despite the considerable drop in lignite-fired electricity generation by nearly 2 TWh, it still …

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Natural gas consumption in a thirteen-year record-low drop-off

In 2022, natural gas market experienced some serious hardships. EU package of sanctions against Russia evoked by its invasion in Ukraine, Gasprom suspension of pipeline gas supplies, high gas market prices and EU measures to optimise gas consumption – all these had an impact on gas supply and demand. In the country, last year’s gross …

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High prices and revenues from the Emission Trading Scheme in Q1 2023

In the first quarter of 2023, revenues generated by trading in European emission allowances (EUA) amounted to EUR 311 million or 49% higher than for the same period of 2022, as indicated by EEX data. To date, this is the largest value for that period of the year. Particularly strong were February and March, when …

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Round Table on the topic “THE DEVELOPMENT OF ELECTRICITY NETWORKS – EUROPEAN AND NATIONAL TRENDS AND PROBLEMS”

The Energy Management Institute (EMI) is organizing a Round Table on the topic “THE DEVELOPMENT OF ELECTRICITY NETWORKS – EUROPEAN AND NATIONAL TRENDS AND PROBLEMS”, which will take place on 23 February 2023 in the Grand Hotel Sofia from 09.30 to 13.30. We invite you to take part in the work of the Round Table! …

Round Table on the topic “THE DEVELOPMENT OF ELECTRICITY NETWORKS – EUROPEAN AND NATIONAL TRENDS AND PROBLEMS” Read More »

Record-high prices and ETS revenues persisted in 2022

Over the last few years, Bulgaria has marked annual records in revenues from EUA trading. No deviations from that trend were observed in 2022. According to the European Energy Exchange (EEX) data, 2022 annual revenues increased over 31% and exceeded one billion euro. On monthly basis, the largest revenues were obtained in May reaching EUR …

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Electricity generation in 2022: record-high from lignite-fired and solar power plants

In 2022, country’s electricity generation amounted to 49 948 GWh or a 6.5% growth compared to the previous year according to ENTSOE operational data. The 2021 upward trend observed in lignite-fired electricity generation (+22.9%) was maintained in 2022. During the colder months (January, February, March, November and December) lignite generated over 2 000 GWh (on …

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Call for papers in the journal “Energy and Climate Diplomacy”

The Diplomatic Institute to the Minister of Foreign Affairs of Republic of Bulgaria plans to publish a collection of articles on the topic: “Changes in European energy and climate diplomacy and policy, in the context of new geopolitical and market conditions” in its annual collection “Energy and Climate Diplomacy”. The articles should address issues related …

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2021 energy balance: unprecedented energy demand

Every November, National Statistical Institute (NSI) publish Bulgaria’s energy balance data for the previous year. The free-access database contains information about production, transformation and consumption of energy and energy products by economic sectors. This information has been available for over twenty years. 2021 top focal points: Unprecedented growth of +8% in the gross domestic energy …

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Рекордни приходи от търговията с емисии за България през 2021

Годишните приходи от търговия с квоти емисии от инсталации (EUA) на България през 2021 година достигнаха 830,9 млн.евро (1,6 млрд лева) или близо два пъти повече спрямо предходната година съгласно данните на Европейската енергийна борса (EEX). Българските квоти се търгуват на съвместна платформа на EЕX заедно с още 30 държави от Европа и квотите на …

Рекордни приходи от търговията с емисии за България през 2021 Read More »

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