North Macedonia expands Bogdanci...

North Macedonia’s state-owned power company ESM has partnered with Danish wind technology firm...

Greece accelerates smart meter...

Greece’s long-delayed shift to smart electricity metering is now making notable progress after...

Bulgaria: Vertical Gas Corridor...

On 29 May, a formal inspection of the Vertical Gas Corridor infrastructure was...

Bosnia and Herzegovina: FBiH...

The Federation of Bosnia and Herzegovina (FBiH) is moving forward with plans to...
Supported byClarion Energy
HomeSEE Energy NewsBulgaria: Parliament moves...

Bulgaria: Parliament moves to delay electricity market liberalization for households

The Bulgarian Parliament has approved two draft amendments to the Energy Act aimed at delaying the liberalization of the electricity market for household consumers. The proposals were introduced by Members of Parliament from the BSP – United Left and There Is Such a People (TISP) parties.

Under the BSP – United Left amendment, the liberalization would be postponed for two years. Meanwhile, TISP has proposed a longer five-year delay. A third proposal, introduced by the nationalist Vazrazhdane party, which called for a ten-year postponement, was rejected.

Dragomir Stoynev, leader of the BSP – United Left parliamentary group, emphasized the need for a critical political decision but criticized the lack of an impact assessment. He warned that lifting regulated electricity prices without proper safeguards could lead to severe social consequences and significant price increases. Stoynev also expressed concern over the absence of a clear strategy to shield households from potential negative effects.

Pavela Mitova, Chair of the National Assembly’s Energy Committee and a TISP representative, echoed these concerns. She stressed that removing price regulations would harm consumers and noted that the EU directive does not set a mandatory deadline for liberalization. According to Mitova, the Bulgarian Energy Ministry has negotiated flexibility with the European Commission, enabling the country to determine its own schedule.

To ensure a coordinated approach, a working group will be formed with representatives from all parliamentary parties. The group’s task will be to develop a balanced mechanism for implementing the liberalization process. The timeline established by this group is expected to differ from the ones proposed in the current amendments and will align with the government’s mandate—either four or eight years.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

North Macedonia expands Bogdanci wind farm in €37.6 million renewable energy push

North Macedonia’s state-owned power company ESM has partnered with Danish wind technology firm Siemens Gamesa Renewable Energy to advance the next phase of the Bogdanci wind farm project. This expansion involves an investment of 37.6 million euros and will...

Greece accelerates smart meter rollout with 1.1 million installed and nationwide completion target set for 2030

Greece’s long-delayed shift to smart electricity metering is now making notable progress after several years of delays. The initiative, which initially focused on high-consumption users such as hotels, restaurants, and large homes, is now expanding to include smaller households...

Bulgaria: Vertical Gas Corridor inspection highlights regional energy cooperation and security

On 29 May, a formal inspection of the Vertical Gas Corridor infrastructure was held near the village of Mikrevo in southwestern Bulgaria. The event brought together key representatives from the Bulgarian Government, the gas transmission system operator Bulgartransgaz, construction...
Supported byVirtu Energy
error: Content is protected !!