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Stanislav Todorov

Energy and Water Regulatory Commission ready to introduce block rate tariffs for electricity, heating and water

The Energy and Water Regulatory Commission is ready to introduce block rate tariffs for electricity, heating and water. As a result, consumption below a certain threshold will be charged at a lower rate, whereas consumption above these thresholds..

29.05.22 13:05 |

Price of electricity for household consumers will not rise after the end of the moratorium: Energy watchdog

Bulgarian companies will continue to receive compensations in April because of the high electricity price . The decision was adopted at today’s sitting of the Council of Ministers. The funding earmarked  for non-household consumers  increase from..

23.03.22 17:45 |

The price of natural gas will not increase with 58%: energy watchdog

The price of natural gas will not increase with 58% in April, as forecast by Bulgargaz, the Chairman of the Energy and Water Regulatory Commission Stanislav Todorov assured, referring to the falling market prices of natural gas in recent days...

15.03.22 14:30 |
The Chairman of the Energy and Water Regulatory Commission Stanislav Todorov

EWRC Chairman: Bulgaria has a broad set of tools to address the energy crisis

"Bulgaria has a broader set of tools to address the energy crisis which has affected Europe. There are many thermal power plants in Bulgaria using local coal. The cost of electricity produced in coal-fired power stations is lower than the cost of..

13.02.22 12:07 |

Energy and Water Regulatory Commission launches a probe into contracts signed at the gas market

A working group of the Energy and Water Regulatory Commission is launching a probe into contracts signed at the trading platform of Balkan Gas Hub EAD between February 1 and 7, 2022.  The probe follows a statement of Rumen Ovcharov, former..

07.02.22 14:49 |
Interior Minister Boyko Rashkov

Interior Minister Boyko Rashkov: Pre-trial proceedings have been initiated regarding the gas crisis

Minister of the Interior Boyko Rashkov announced that pre-trial proceedings had been initiated in connection with the gas crisis and the price of gas. Regarding the replacement of the entire management of Bulgargaz state-owned company,..

02.02.22 16:19 |
National Assembly Speaker Nikola Minchev

Nikola Minchev: Moratorium on the prices of electricity, water and heating may be lifted before March 31

The moratorium on the prices of electricity, water and heating may be lifted before March 31, National Assembly Speaker Nikola Minchev said for the BNR.  Bulgaria's Premier Kiril Petkov said on Saturday that the moratorium on the prices of..

30.01.22 16:27 |

Bulgaria’s business is dissatisfied with the compensations for electricity price hikes

The price of electricity sold on the independent energy exchange has skyrocketed in recent months. In the beginning of 2022, the average price of electricity in Bulgaria amounts to EUR 131.95 per megawatt, whereas in July last year it was to..

10.01.22 13:58 |
EWRC Chairman Ivan Ivanov

EWRC Chairman Ivan Ivanov expects the EC to comment on the actions of Bulgaria’s Premier

“T he claim of Bulgaria’s Premier Kiril Petkov that the energy regulator failed to protect the public interest during the January gas price increase is absurd” , the Chairperson of the Energy and Water Regulatory Commission Ivan Ivanov said...

09.01.22 11:19 |

Price of natural gas goes up by a little over 30%

In January natural gas will cost BGN 133.41 a MWh, excluding taxes and other levies, the Energy and Water Regulatory Commission has decided. This means a price rise of over 30%.   The gas operator Bulgargaz declared that even with this..

01.01.22 16:41 |
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