4 FAQs about Electricity market trends bulgaria

What was Bulgaria - energy - production of electricity in February 2023?

Bulgaria - Energy: Production of electricity was 3743.67 Gigawatt-hour in February of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Bulgaria - Energy: Production of electricity - last updated from the EUROSTAT on May of 2023.

How has Bulgaria changed its energy sector?

Bulgaria's regulatory reforms have catalyzed a paradigm shift in its energy sector, transforming it from a net importer to a net exporter of electricity.

What is the main source of electricity in Bulgaria in 2022?

Coal energy was the main source of electricity production in Bulgaria in 2022. It accounted for over 45 percent of total electricity generation. Nuclear energy ranked second, making up 35 percent of total production.

Is the electricity and gas market liberalised in Bulgaria?

The electricity and gas market liberalisation remains limited. In 2024, two tenders were launched to procure 1.4 GW of wind and solar and 350 MW of storage. Bulgarian Energy Holding (BEH) accounts for around half of power generation, 90% of wholesale gas sales, and more than 90% of lignite mining.

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