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ABOUTRESEARCH & ANALYSIS
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BULGARIA

Data is updated as of Jan 2024
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RECENT NEWS

April 30, 2024

G7 agrees to phase out coal-fired power plants by mid-2030s

RECENT NEWS

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About Bulgaria

Bulgaria has 4,569 megawatts (MW) of operating coal plant capacity, 540 MW of mothballed coal plant capacity, and no new coal plants under construction or in planning. The Maritsa Iztok Complex is home to lignite mines that account for nearly all of the country’s coal production. The complex also includes the country’s newest coal plant, which was built in 2011. Most of Bulgaria’s coal fleet is old, with well over half of the current capacity commissioned more than 20 years ago. The government has relied on derogations from European Union laws to keep plants active. For example, in June 2021, Ministers from the 27 European Union countries formally approved a law to make the bloc’s emission targets legally binding, except for Bulgaria, which abstained because “the final compromise does not reflect our national position sufficiently.” Bulgaria, as an EU member state, signed the EU pledge to reduce emissions by 55% below 1990 levels by 2030; it is also adhering to the EU goal of net-zero emissions by 2050.

Capacity (MW)

Net Change Since 2000

Capacity (MW)

Net Change Since 2000

Phase-Out Status

PHASE-OUT BY 2040

No New Coal Status

PIPELINE CANCELLED

Part of PPCA?

NO

Five-Year Country Capacity Trend

Operational

Constructing

Planned

Halted

Cancelled

Retired

Expected Retirement by 2030

Operational

Constructing

Planned

Halted

Cancelled

Retired

Expected Retirement by 2030

All access, use, and downloading of the Bloomberg Global Coal Countdown Dashboard content is subject to the Terms of Use found at bloombergcoalcountdown.com/terms-of-use/

Five-Year Country Capacity Trend

Operational

Constructing

Planned

Halted

Cancelled

Retired

Expected Retirement by 2030

Operational

Constructing

Planned

Halted

Cancelled

Retired

Expected Retirement by 2030

RESEARCH & ANALYSIS

BulgariaPolandCzech RepublicRomaniaEurope

New Report Reveals Economic Path to a Rapid Coal Phase-Out in Europe

Investing in the Recovery and Transition of Europe’s Coal Regions” report from BloombergNEF and Bloomberg Philanthropies shows potential for Bulgaria, Czechia, Poland and Romania to move off coal power, grow economies, and play a leading role in Europe’s green recovery

READ THE FULL REPORT

July 06, 2020

BulgariaPolandCzech Repub...

New Report Reveals Economic Path to a Rapid Coal Phase-Out in Europe

Investing in the Recovery and Transition of Europe’s Coal Regions” report from BloombergNEF and Bloomberg Philanthropies shows potential for Bulgaria, Czechia, Poland and Romania to move off coal power, grow economies, and play a leading role in Europe’s green recovery

Economics drive coal phase-out in Central and Eastern Europe

Poland, Czechia, Romania and Bulgaria are the European Union’s most coal-reliant nations that have yet to commit to a plan to phase out the fuel. However, to lower the cost of their power systems, these countries could significantly accelerate the pace of transition from coal to ...

READ THE FULL REPORT

September 09, 2020

Economics drive coal phase-out in Central and Eastern Europe

Poland, Czechia, Romania and Bulgaria are the European Union’s most coal-reliant nations that have yet to commit to a plan to phase out the fuel. However, to lower the cost of their power systems, these countries could significantly accelerate the pace of transition from coal to ...

READ THE FULL REPORT

September 09, 2020

New Report Reveals Economic Path to a Rapid Coal Phase-Out in Europe

Investing in the Recovery and Transition of Europe’s Coal Regions” report from BloombergNEF and Bloomberg Philanthropies shows potential for Bulgaria, Czechia, Poland and Romania to move off coal power, grow economies, and play a leading role in Europe’s green recovery

New Report Reveals Economic Path to a Rapid Coal Phase-Out in Europe

Investing in the Recovery and Transition of Europe’s Coal Regions” report from BloombergNEF and Bloomberg Philanthropies shows potential for Bulgaria, Czechia, Poland and Romania to move off coal power, grow economies, and play a leading role in Europe’s green recovery

Economics drive coal phase-out in Central and Eastern Europe

Poland, Czechia, Romania and Bulgaria are the European Union’s most coal-reliant nations that have yet to commit to a plan to phase out the fuel. However, to lower the cost of their power systems, these countries could significantly accelerate the pace of transition from coal to ...

READ THE FULL REPORT

September 09, 2020

Economics drive coal phase-out in Central and Eastern Europe

Poland, Czechia, Romania and Bulgaria are the European Union’s most coal-reliant nations that have yet to commit to a plan to phase out the fuel. However, to lower the cost of their power systems, these countries could significantly accelerate the pace of transition from coal to ...

READ THE FULL REPORT

September 09, 2020

LET’S END COAL NOW.

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© 2024. BLOOMBERG GLOBAL COAL COUNTDOWN.
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LET’S END COAL NOW.

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© 2024. BLOOMBERG GLOBAL COAL COUNTDOWN.
ALL RIGHTS RESERVED.