Bulgarian government presents its measures in support of the energy sector

published on 9/27/21 6:07 PM

PM Stefan Yanev (right)

Photo: BGNES

Bulgaria's caretaker cabinet is working to ensure access to electricity in the best possible price range for all consumers. This was announced by Prime Minister Stefan Yanev at a briefing at which the measures planned by the caretaker government in the energy sphere were presented. He said that in the last two months Bulgaria had some of the lowest sustainable prices in the EU, emphasizing that high energy prices were due to international factors.

The financial support scheme developed by the government provides for compensation of BGN 50 (EUR 25.56) per megawatt hour spent due to high electricity prices. This mechanism will be included in the budget for the first 6 months of 2022. It is also planned to operate a clearing house in the interest of consumers and traders of electricity. It will balance their interests and the market will become more flexible.

Stefan Yanev stressed that Bulgaria's energy strategy was outdated. He called for an expert discussion on the future of the Belene NPP, in which specialists would participate, BGNES reported.

For household consumers of electricity, heating and hot water, a change in current prices will not be made before the end of this year, the Chairman of the Energy and Water Regulatory Commission Ivan Ivanov stated.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Share

Bulgarian government presents its measures in support of the energy sector

More from category

Spring-like daytime temperatures

Trade unions expect 'cascade of protests' if state budget not approved

Parliament adopts first reading of provisional budget law

The UK to introduce electronic travel authorisation for EU citizens as of April 2

Flu epidemic in Bulgaria to reach peak in early February

Bulgaria and Ukraine have agreed on their relations in education until 2028