Electricity prices in Bulgaria 2022

In 2022, the average wholesale day-ahead electricity price in Bulgaria was € 0.2623 /kWh. Below is the month-by-month breakdown plus a chart of how prices moved through the year.

Year average
€ 0.2623 /kWh
Cheapest month
April 2022
€ 0.1761 /kWh
Most expensive month
August 2022
€ 0.4332 /kWh
€ 0.4332€ 0.1761010203040506070809101112January 2022: € 0.2967 /kWhFebruary 2022: € 0.1881 /kWhMarch 2022: € 0.2516 /kWhApril 2022: € 0.1761 /kWhMay 2022: € 0.2024 /kWhJune 2022: € 0.2236 /kWhJuly 2022: € 0.3248 /kWhAugust 2022: € 0.4332 /kWhSeptember 2022: € 0.3754 /kWhOctober 2022: € 0.2062 /kWhNovember 2022: € 0.2210 /kWhDecember 2022: € 0.2482 /kWh

Monthly breakdown — 2022

Month€/MWh€/kWhMW
January 2022€ 296.71€ 0.29675,444
February 2022€ 188.10€ 0.18815,115
March 2022€ 251.62€ 0.25165,172
April 2022€ 176.05€ 0.17614,133
May 2022€ 202.39€ 0.20243,669
June 2022€ 223.60€ 0.22363,746
July 2022€ 324.84€ 0.32483,922
August 2022€ 433.16€ 0.43323,853
September 2022€ 375.38€ 0.37543,663
October 2022€ 206.21€ 0.20623,768
November 2022€ 220.95€ 0.22104,458
December 2022€ 248.23€ 0.24825,036

Bulgaria has one of the lowest wholesale electricity prices in the EU, anchored by the 2 000 MW Kozloduy nuclear plant which alone covers 35–40% of national generation. Coal from the Maritsa basin still provides another 35% — making Bulgaria one of the EU's most coal-dependent grids alongside Poland.

Hydro and wind round out the mix at ~10% each, with solar growing fast (over 4 GW installed by end-2025). Electricity System Operator (ESO) runs the single BG bidding zone and operates IBEX, the day-ahead market. Bulgaria is a regional power exporter, sending roughly 6 TWh annually to Greece, Romania, Serbia and North Macedonia.

Plans to retire the lignite plants by 2038 are being met with strong pushback from coal regions; the government's energy strategy bets on extending Kozloduy by adding two AP1000 reactors at the same site in the late 2030s.

Current electricity prices in Bulgaria