Text size

Bulgarian President expects the European Commission to react to the speculation with electricity prices

published on 12/17/21 10:09 AM

Photo: EPA/BGNES

Bulgaria's President Rumen Radev said the European Commission had not found the reason for the sharp rise in electricity prices in the European Union. After the European Council meeting, he told reporters that the energy market estimates presented did not help to come to a general conclusion about what was driving prices up.

"In my opinion, the reports are not in the necessary depth, because they say that speculation has not been discovered," the president said. He pointed out that the prices of coal and nuclear fuel are the same, and it is not clear where the increase in international prices comes from. "We expect this analysis to continue," Radev added.

The President said that the high price of carbon emissions of 90 euros per tonne stopped the development of energy and this problem needed to be addressed.

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

Radio Bulgaria News carbon emissions electricity price energy market Rumen Radev

More from category

PP-DB call for meeting with the president to discuss the political crisis

"We Continue the Change - Democratic Bulgaria" (PP-DB) political party have requested a meeting with President Rumen Radev to discuss the political crisis and the possibilities for its solution . After the expulsion of most of the MPs from the MRF..

published on 7/15/24 10:01 AM

Hot weather with fire danger, critical situation in Svilengrad region

228 fires were extinguished in Bulgaria in the last 24 hours , the General Directorate of Fire Safety and Protection of the Population announced. There were 181 fires without material damage, of which 126 were in dry grass, forests and bushes, four in..

published on 7/15/24 9:03 AM

Folklore festival at the foot of Vitosha Mountain gathers performers from nine countries

From today until July 20, the International Folklore Festival "Vitosha" will be held at the foot of Vitosha Mountain. Performers from Bolivia, India, Italy, Albania, Mexico, Kazakhstan, Moldova, North Macedonia and Bulgaria will introduce the..

published on 7/15/24 7:10 AM