Ministry of Energy announced that the amendments to the Energy Act envisage full liberalization of the wholesale electricity market by the end of 2023. However, household consumers will supply on a regulated market until 2026.
At the same time, the role of the National Electricity Company (NEK) as a public supplier will be terminated and the quotas of producers for the regulated market will be abolished. The proposal also introduces a definition and criteria for energy poverty, and priority treatment for these households when funding energy efficiency projects. This is a key step in the reform of the electricity market, the implementation of which will ensure the next payments that Bulgaria should receive under the National Recovery and Resilience Plan.
