Green Energy Said to Drive Up Bulgarian Electricity Bills

Business » ENERGY | May 26, 2012, Saturday // 10:03| Views: | Comments: 1
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Electricity bills in Bulgaria will go up by 10% as of July 1, 2012, because of the green energy charges paid by consumers, according to Angel Semerdzhiev, head of the State Commission for Energy and Water Regulation (DKEVR).

Even though Semerdzhiev has justified the hike with the green energy cost, critics have pointed out that there has been a drop in the prices the state pays for renewable energy.

According to renewable energy associations, the electricity price hike will result from increasing the transit fees for conventional energy

"I can give you a simple example – if a family pays BGN 100 per month for electricity, it used to pay BGN 2 for green energy, and will be paying BGN 3 from now on," explained Velizar Kiryakov, head of APEE.

APEE has criticized the state regulator for intending to up the price of energy produced from wood because this is said to lead to a boom of illegal logging.

At present, Bulgarian water-power plants are the largest producers of green energy – reaching a total capacity of 2500 MW in 2011, followed by wind parks with a capacity of 900 MW; photovoltaic parks reached 100 MW last year, while Bulgarian biomass plants reached only BGN 16 MW

All renewable energy facilities' combined capacity produce about 11% of Bulgaria's total energy. According to Bulgaria's commitment in the EU, its green energy is supposed to be 16% of its total production in 2020.

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Tags: green energy, renewable energy, DKEVR, State Commission for Energy and Water Regulation, Angel Semerdzhiev, electricity bill, electricity bills, renewable energy sources, wood, biomass, hydro-power plant, hydro power, solar energy, solar park, photovoltaic parks, photovoltaic, green energy, wind energy, wind farm, wind farms, wind parks, Velizar Kiryakov, APEE, Association of Producers of Ecological Energy
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» To the forumComments (1)
mattbg - 26 May 2012 // 11:32:34

wow - a few months ago super boyko was going to cut the subsidies for renewables to save his loyal subjects from a 1% price rise.

now it's 10%?

when back in end of 2011 the total necessary increase from higher gas prices and renewables was only going to be 4.5%?

"At the end of 2011, NEK requested an increase of 4.5 in wholesale prices, while on Monday the figure spiraled to 15%."

are we SURE that they're not just making excuses for hugely increasing prices, so NEK looks profitable, so when they privatise it they can line their pockets with the proceeds?

I've heard rumours that every government so far has had its cash cow, and with not much left to sell off, perhaps this lot are going to use the NEK privatisation as their retirement fund?

I'm sure it's not so and they wouldn't be that corrupt, but there's just that tiny inkling of doubt in the back of my mind...

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