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's energy watchdog has vowed that renewable energy producers will soon get a refund of the sums they paid as grid access fee.
Еlenko Bozhkov from Bulgaria's State Commission for Energy and Water Regulation (DKEVR) informed Thursday that DKEVR would very soon adopt a decision to pay renewable energy companies the money they contributed to the three power distributors (CEZ, EVN and Energo Pro) and the Electricity System Operator (ESO) in the form of grid access fee.
The grid access fee, which was introduced by DKEVR in September 2013, was cancelled by Bulgaria's Supreme Administrative Court (VAS) after renewable energy producers lodged a complaint before the court of second instance, according to reports of dnevnik.bg.
Bozhkov said that the total of grid access fee receipts amounted to over BGN 400 M, adding that it could be their Christmas present.
He underscored that it was essential to wrap up the separation of the National Electric Company (NEK) from the Electricity System Operator (ESO) and secure the balancing market launch.
He went on to suggest that after the completion of these steps, which would hopefully happen at the beginning of 2014, Bulgaria could look into opportunities to reduce power rates.
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