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Electricity supply limited in parts of Bulgaria

Due to the complicated winter situation and incidents affecting the electricity distribution network, the Minister of Energy Alexander Nikolov introduced a restrictive regime for electricity supply in some settlements in the districts of Sofia,..

17.12.21 17:52 |
Nikola Yankov

Nikola Yankov: The moratorium on electricity prices is incompatible with the market economy concept

"The moratorium on electricity, heating and water prices is a disappointing move, which is incompatible with the market economy concept", Nikola Yankov, former Deputy Minister of Economy and  Deputy Minister of Transport said for the BNR. "A modern..

16.12.21 17:02 |

Parliament adopts moratorium on prices of electricity, water and heating

MPs have set up a temporary committee to tackle the energy crisis and high electricity prices. The proposal of the opposition GERB-SDS to impose a moratorium on the price of electricity was accepted and the price will be frozen at the..

15.12.21 16:53 |

Villages in the Rhodopes remain without electricity after heavy rain and snowfalls

Dozens of villages in the region of Smolyan in the Rhodopes have remained without electricity, some of them for three days in a row. The reason is broken power lines after heavy rain and snow in the region. The deputy mayor of Smolyan..

15.12.21 15:59 |
Smolyan

Situation in Smolyan, Kardzhali districts remains complicated after strong rain, snowfall

Dozens of small towns and villages in the Smolyan and Kardzhali districts are without electricity after the torrential rain and heavy snowfall yesteday. Work continues to overcome the consequences of the bad weather in both districts where..

14.12.21 19:22 |
PM Kiril Petkov

Bulgaria's energy regulator offers 11.51% higher price of electricity for households

The price of electricity for household consumers should increase by an average of 11.51% from January 1, 2022 . This has been proposed by a working expert group to the Commission for Energy and Water Regulation. At the same time, businesses have..

14.12.21 15:51 |

Situation in distressed municipalities is returning to normal

The situation in Blagoevgrad district is gradually returning to normal after the recent floods. The municipalities of Simitli, Kresna and Blagoevgrad are expected to cancel the state of emergency. The situation in Garman and Petrich municipalities..

14.12.21 10:17 |

Bulgaria to negotiate lower VAT on electricity and gas

Bulgaria will lodge a request for lower  value added tax  on  supplies  of electricity and natural gas. This country‘s caretaker cabinet has approved a report by the Minister of Finance to launch consultations with the European Commission's VAT..

08.12.21 18:44 |

Record electricity prices in the Day Ahead segment

The average price of electricity for Wednesday on European energy exchanges has jumped sharply to a new record peak of 271 euros per MWh, and Bulgaria's electricity price rose to a historic high of 272.30 euros, or 532.56 levs, per MWh. This is shown by..

23.11.21 18:06 |

Electricity for the industry exceeds 200 euros per megawatt-hour

Once again, a price record was set in Bulgaria. On the energy exchange, electricity for businesses reached a price of 212 euros per megawatt-hour. On the day-ahead platform, in addition to Bulgaria, electricity was traded expensively in most European..

22.11.21 18:26 |
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