Tag: ESO

NEK recorded 61.4 million euros net profit in Q1 2017 – Bulgaria, 26 April 2017

Bulgarian state-owned National Electricity Company (NEK) recorded a net profit in the amount of 61.4 million euros in the first quarter of 2017, mostly due to cold spell in January/February. By comparison, the company recorded a net profit of 27.6 million euros in the first quarter of 2016. According to the statement from the Ministry […]

More than 90 million euros paid for balancing energy in 2016 – Bulgaria, 7 April 2017

The data published by the Bulgarian electricity transmission system operator ESO show that the coordinators of electricity balancing groups in Bulgaria paid over 90 million euros for deficit energy in 2016. The total energy deficit in Bulgaria’s energy system last year amounted to 980,322 MWh, an increase from 968,070 MWh in 2015. Full article available […]

Electricity production rose by 3.47 % in 2017 – Bulgaria, 23 February 2017

According to the data from Bulgarian electricity transmission system operator ESO, the gross electricity production in the country grew by 3.47 % since the beginning of 2017, until 19 February, reaching a total of 7,466.7 GWh. Electricity production in the same period last year amounted to 7,219.3 GWh. Since 9 February, electricity exports have started […]