Majority of Bulgarians Fear Impact of Green Deal on Electricity Bills
Amid the implementation of measures under the European Union's Green Deal, 64% of Bulgarians have identified the escalating electricity prices as their top concern
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
Bulgaria plans to prevent sudden power price spikes by postponing the connection of new large-scale renewable capacities to the grid by several years.
According to reports of Standard daily, citing the National Electric Company (NEK) shocks like the 13% power price spike as of July 1 will be avoided because the launch of new renewable capacities in the region of the Balchik-Kavarna-Shabla-General Toshevo energy ring will be possible in the period June 1, 2017 – June 30, 2019.
According to NEK, the postponement is necessary because of the huge load in the region with generating capacities and the substantial investments into the development of the power grid it will require.
Each of the power plants in the ring will get its launch term individually in the above-mentioned periods, NEK says.
The connection of new renewable capacities in other regions of the country will be possible after 2016, as the the 10-year plan for the development of the power grid provides.
Bulgaria's National Electric company reminds that the matter only concerns power plants which have already signed preliminary grid connection contracts with power distributors.
The postponement will not affect small renewable power plants with an installed capacity of up to 30 KW and up to 200 KW mounted on roofs and facades of residential and industrial buildings.
The same applies for thermal power plants, including ones using biomass, and hydro-power plants with a capacity of up to 1.5 MW, which will not have a serious impact on end prices of electricity.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
Amidst Ukraine's urgent need for additional power sources following the closure of the Russian-controlled Zaporizhzhia nuclear power plant
Bulgarian lawmakers have taken a significant step toward bolstering the nation's energy infrastructure by advancing cooperation with the United States for the construction of Units 7 and 8 at the Kozloduy Nuclear Power Plant
The Bulgarian Parliament has ratified the Agreement between the Government of the Republic of Bulgaria and the Government of the United States on cooperation regarding the construction of nuclear power at the Kozloduy Nuclear Power Plant
During a forum in Alexandroupolis, US Assistant Secretary of State for Energy, Jeffrey Payatt, highlighted the significance of a gas pipeline project through Bulgaria as the next pivotal step for energy development in the region
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022