Bulgaria’s Energy Ministry, Watchdog Mull Measures to Prevent Power Price Hike in April

Bulgaria’s Energy Ministry, Watchdog Mull Measures to Prevent Power Price Hike in April

Svetla Todorova, Chair of Bulgaria’s State Commission for Energy and Water Regulation (DKEVR), has assured that the Energy Ministry is doing its best to adopt short-term measures aimed at preventing an increase in power rates in April.
Todorova, as cited by the Bulgarian Telegraph Agency, informed Thursday that the measures were to be adopted by end-March.
She explained that a program envisaging both short-term and long-term goals had been drafted, adding that the authorities would work together to fulfill the planned initiatives.
The Chair of the energy watchdog specified that the short-term measures included talks with US-owned thermal power plants AES-3C Maritsa East 1 EOOD and Contur Global Maritsa Iztok-3, renewable energy producers, and co-generation plants.
Todorova underscored that power plants that were not efficient enough could be denied preferential tariffs.
 
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