Electricity prices in Bulgaria 2024
In 2024, the average wholesale day-ahead electricity price in Bulgaria was € 0.1030 /kWh (▼2% vs 2023). Below is the month-by-month breakdown plus a chart of how prices moved through the year.
Monthly breakdown — 2024
| Month | €/MWh | €/kWh | MW |
|---|---|---|---|
| January 2024 | € 89.46 | € 0.0895 | 5,386 |
| February 2024 | € 70.23 | € 0.0702 | 4,624 |
| March 2024 | € 64.59 | € 0.0646 | 4,277 |
| April 2024 | € 59.28 | € 0.0593 | 3,558 |
| May 2024 | € 83.50 | € 0.0835 | 3,451 |
| June 2024 | € 98.86 | € 0.0989 | 3,638 |
| July 2024 | € 137.30 | € 0.1373 | 4,017 |
| August 2024 | € 127.63 | € 0.1276 | 3,856 |
| September 2024 | € 107.42 | € 0.1074 | 3,610 |
| October 2024 | € 89.81 | € 0.0898 | 3,772 |
| November 2024 | € 167.21 | € 0.1672 | 4,928 |
| December 2024 | € 140.34 | € 0.1403 | 5,214 |
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.