Bulgaria Energy Watchdog Holds Emergency Session on CEZ License
Bulgaria's State Commission for Energy and Water Regulation (DKEVR) held an emergency closed-doors meeting late on Tuesday to discuss a potential withdrawal of the license of power distributor CEZ.
According to reports of the Bulgarian National Radio (BNR) citing sources from the energy watchdog, two of the three power distributors operating in Bulgaria have been issued statements of offence and further inspections are yet to be conducted.
Yuliana Ivanova, who resigned as DKEVR Chair but will keep the post until a replacement is appointed, made clear that one reason for withdrawing the license of a power distributor would be if the money earmarked for investments had been used for other purposes.
Bulgaria has been gripped by week-long mass protests over the high electricity and heating bills.
- » Bulgaria 'Offers Azerbaijan Energy Cooperation Package'
- » Mining Industry Accounts for 5% of Bulgaria’s GDP – Energy Minister
- » Price of Natural Gas in Bulgaria May Drop by over 13.6% as of October
- » Watchdog OKs Agreement between Bulgaria’s National Power Co, ContourGlobal Maritsa East 3 TPP
- » Bulgarian Authorities Place Seals on 660 Tonnes of Fuel amid Filling Station Probes
- » US-owned TPP AES Bulgaria Finalizes Agreement with National Power Utility