August 5, 2021 Read More →

Bulgaria mulls rapid close of all coal-fired power plants

Balkan Green Energy News:

A combination of measures and investments from the current version of the National Recovery and Resilience Plan may lead to a rapid coal exit in Bulgaria, according to an analysis. The country told the European Union that it would replace its largest coal-fired thermal power plan with gas and that it may cancel two power purchase agreements with privately-owned systems that use the polluting fuel.

Bulgaria’s caretaker cabinet has laid out forthcoming projects and intended moves that indicate the possibility that the country would abandon coal altogether by the end of the second quarter of 2025, according to a report by Kapital.bg. Namely, the National Recovery and Resilience Plan that was sent to the European Commission for approval revealed Maritsa iztok 2 or Maritsa East 2, the country’s largest coal-fired power plant, would be replaced with a gas system by mid-2025.

Two long-term power purchase agreements with firms that run other facilities in the same energy complex are distorting the market and will be terminated by the end of second quarter of 2022, the article adds, citing the document. The news outlet pointed out the announced move refers, without a doubt, to private companies from the United States.

[Igor Todorovic]

More: Bulgaria hints at possible closure of all coal-fired power plants by mid-2025

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