Electricity prices in Bulgaria 2023
In 2023, the average wholesale day-ahead electricity price in Bulgaria was 0.205 лв /kWh (▼60% vs 2022). Below is the month-by-month breakdown plus a chart of how prices moved through the year.
Monthly breakdown — 2023
| Month | BGN/MWh | BGN/kWh | MW |
|---|---|---|---|
| January 2023 | 270.26 лв | 0.270 лв | 5,088 |
| February 2023 | 278.85 лв | 0.279 лв | 5,360 |
| March 2023 | 215.25 лв | 0.215 лв | — |
| April 2023 | 196.24 лв | 0.196 лв | 4,017 |
| May 2023 | 173.89 лв | 0.174 лв | 3,484 |
| June 2023 | 170.30 лв | 0.170 лв | 3,365 |
| July 2023 | 191.46 лв | 0.191 лв | 3,865 |
| August 2023 | 199.26 лв | 0.199 лв | 3,780 |
| September 2023 | 198.78 лв | 0.199 лв | 3,611 |
| October 2023 | 209.00 лв | 0.209 лв | 3,608 |
| November 2023 | 199.79 лв | 0.200 лв | 4,435 |
| December 2023 | 159.64 лв | 0.160 лв | 5,054 |
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.