Bulgarian Watchdog Vows No Power Price Hikes, Supply Disruptions
Bulgaria's State Commission for Energy and Water Regulation (DKEVR) has assured that a possible suspension of the licenses of local power distributors will not affect consumers.
DKEVR member Elenko Bozhkov explained Sunday that there were no reasons to worry about price hikes or power supply disruptions as a result of such a move.
Bozhkov, as cited by the Bulgarian National Radio (BNR) announced that the energy watchdog would hold an open sitting on the case on April 7 and in the case of a failure of the three power distributors (CEZ, EVN and Energo-Pro) to pay their debts to the National Electric Company (NEK) over the next 14 days, the respective decision would be adopted at a closed sitting.
He specified that in the case of a suspension of the licenses of the three power distributors, the law required the appointment of a so-called special manager in charge of the public supply of electricity.
- » Sofia to Send Next Week Its Position on EC antitrust Case Against Gazprom
- » Sofia Plans to Require More Information From Brussels About Gazprom Case
- » The Fifth Block of Kozloduy NPP Is Stopped Because of Planned Modernization
- » Sofia Prepares Statement on Gazprom’s Obligations
- » New Prices of The Thermal Energy in The Country
- » Natural Gas Prices Are Fully Determined by Market Factors