Supported byClarion Energy
HomeElectricityBulgaria: 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 byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

European gas rally lifts Bulgaria’s regulated September discount to €41.60/MWh

European benchmark gas prices moved above €74/MWh on Tuesday, widening the spread versus Bulgaria’s regulated September price of €41.60/MWh. The move highlights differences in fuel costs across Southeast Europe ahead of the autumn heating season. TTF rises as LNG supply...

Bulgaria approves sanctions exemptions for Kozloduy maintenance and Belene equipment preservation

Bulgaria has approved two targeted sanctions exemptions for Russia covering specific nuclear activities. The measures relate to maintenance-related work at the Kozloduy nuclear power plant and preservation activities for equipment stored at the unfinished Belene project. The exemptions keep...

Bulgaria September regulated gas price discount widens as TTF nears €74.4/MWh

Bulgaria’s regulated gas benchmark for September is trading at a widening discount versus European hub levels after Dutch front-month TTF climbed toward €74.4/MWh. The move has increased the gap between the Bulgarian price and the latest TTF assessment. The...
Supported byVirtu Energy