Bulgaria's GERB Seeks to Scrap Special Prices for New Renewable Energy Sources

Bulgaria's GERB Seeks to Scrap Special Prices for New Renewable Energy Sources

Senior coalition partner GERB has tabled amendments to the Energy Act removing the preferential prices paid by state-owned energy utility NEK to buy electricity from new renewable energy sources.
Delyan Dobrev, a former Economy Minister now heading Parliament's Energy Committee, believes green energy capacities that have been built after the amendments should not enjoy the same privilege which obliges the National Electricity Company (NEK) to pay more for their energy.
The special status of renewable-energy producers was established during GERB's previous term (2009-2013) to provide incentives for the sector's development in line with EU requirements. Opposition lawmakers, on the other hand, called the move an act of "lobbyism" benefiting certain entrepreneurs allegedly affiliated to the government.

Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.