Tag: ESO

Bulgaria will have 9 TWh of surplus electricity per year in ten years – Bulgaria, 8 June 2017

According to the 10-year development plan of Bulgaria’s electricity transmission system presented by operator ESO, the country will likely have an electricity surplus of between 8 and 9 TWh per year in 2026. However, for this surplus scenario ESO has not taken into consideration neither the possible rekindling and completion of nuclear power plant Belene, […]

Electricity consumption and production rose in the first five months of 2017 – Bulgaria, 6 June 2017

According to the data published by Bulgarian electricity transmission system operator ESO, the country’s electricity generation increased by 5.55 % in the period between 1 January and 4 June this year, reaching a total of 19,721 GWh. At the same time, Bulgarian electricity consumption rose by 7.65 % and amounted to 18,022 GWh. Electricity exports […]

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 […]