Bulgarian Power Distributor Fined for Unfair Competition
Bulgaria's Commission for Protection of Competition has imposed a BGN 266 000 fine on Energo-Pro Grid AD for the abuse of a dominant market position.
The Commission for Protection of Competition (CPC) found that Energo-Pro Grid AD (former E.ON Bulgaria Grid AD) has abused its dominant position and has hindered energy market access by slowing the accession process of renewable energy producers, which may prevent, restrict or distort competition and affect the interests of consumers.
Proceedings were initiated at the claim of V2M Ltd. due to the accession procedure of its photovoltaic plant in Bulgaria's Dobrich municipality to the electricity grid and in particular the delay in the procedure and the finalization of the accession contract.
According to CPC, the ungrounded delay in accession procedure by Energo-Pro Grid AD has prevented V2M Ltd. from carrying out its business on the renewable energy production market.
- » 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
- » Bulgarian PM Points to Trans-Caspian Pipeline as Step Towards Energy Diversification