Energy Market Liberalisation Very Big Challenge for All of Us: Bulgaria Energy Minister

Energy Market Liberalisation Very Big Challenge for All of Us: Bulgaria Energy Minister

Bulgarian Minister of Energy Temenuzhka Petkova took part in a conference themed "Harmonisation of the regulatory framework in Southeast Europe", organised by the State Energy and Water Regulatory Commission and the Energy Management Institute, in partnership with Eurelectric.
The forum was held in the Bulgarian capital city Sofia on Thursday, FOCUS News Agency reported.
“We will not take any actions towards full liberalisation of the energy market before we are aware of how Bulgarian consumers will be protected,” Ms Petkova said, speaking at the event.
“Liberalisation of the energy market is a very big challenge for all of us. I am certain we will manage to handle it with the joint efforts of the Bulgarian regulatory body and the Bulgarian parliament as the full liberalisation of the electricity market is extremely important. It is the decisive step that will provide an opportunity for the Bulgarian energy sector to overcome the finance crisis it faces and move in the right market direction,” she commented.
Minister Petkova recalled in order for this process to be successful an agreement had been signed with the World Bank, which aimed at Bulgaria consulting it about the selection of a liberalisation model of the energy market.
In her words, highly important discussions are currently underway on the final version of the model they propose.

FOCUS News Agency

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