Analysis

According to Bloomberg New Energy Finance Report of July 2020, Investing in the Recovery and Transition of Europe’s Coal Regions, Bulgaria will have to build a total of 7.7 GW new RES power generation capacity for about EUR 6.2 billion in the next 10 years. The organization claims that from the perspective of costs and environmental advantages, this is …

6 BILLION EURO FOR GREENING BULGARIA BY 2030 Read More »

It is a common retailer practice to prepare and propose integrated offers for electricity, which incoporate all elements of the electricity bill, namely: именно: Energy Network costs Add-ons (Obligation to Society price) Taxes The last three elements do not depend on the retailer. They are regulated and the retailer acts in the role of an intermediary who settles …

WHAT WILL BE THE OFFERS IN THE RETAIL MARKET? Read More »

This is a serial publication in support of non-household customers, connected to a low-voltage network, who are due to face a compulsory split-up with the regulated market and to meet the privileges, though the responsibilities too, of the free market, as per the Energy Law amendments. Who needs standard load profiles (SLPs) in the liberalisation process? …

STANDARD LOAD PROFILES – ‘THE TICKET’ TO THE FREE MARKET Read More »

LOW-Voltage NON-HOUSEHOLD CONSUMER ENTERY INTO THE FREE MARKET: SUPPLY IS GUARANTEED BY CURRENT SUPPLIERS FOR AT LEAST A YEAR AHEAD Author: EMI Date: 08-07-2020 As we have written in our previous publication, amendments and supplements to the Energy Law (promulgated in SG, 57/2020., in force as from 26.06.2020) in effect as from the end of June, will take low-voltage …

Non-domestic LV consumers entering the free market: supply is guaranteed by existing suppliers for at least a year ahead Read More »

In line with the latest amendments in the Energy Law (promulgated in SG 57, dated 26 June 2020) low-voltage non-household consumers will have to leave the regulated market and conclude contracts with new electricity suppliers by the end of September 2020. This will result in a change in one of the elements in their electricity bills, …

WHAT WILL ELECTRICITY PRICES BE IN THE NEXT 12 MONTHS? Read More »

Promoting loyal competition and easy access to various suppliers is of paramount importance to Member States in order to allow consumers to take advantage of the options provided by the liberalised internal electricity market, in line with European legislation. Currently in Bulgaria, high-voltage and medium-voltage non-household consumers purchase electricity at freely negotiated prices. From the …

SUPPLIER OF LAST RESORT – EUROPEAN PRACTICE AND LEGISLATION Read More »

The Energy Law amendments in progress at the National Assembly, coming into force on 1 October 2020, set in motion the next stage of retail electricity market liberalisation in Bulgaria. All low-voltage non-household customers will have to look for a new power supplier at freely negotiated prices, rather than at regulated prices. In addition to …

ON-LINE PRICE OFFERS – NOT JUST A RECOMMENDATION BUT AN OBLIGATION NOW Read More »

A Supplier of Last Resort (SLR) in Bulgaria – status, functions On 5 June 2013 the State Energy and Water Regulatory Commission published its decisions to issue 5 new licenses – for the activity ‘electricity supply by a supplier of last resort  (SLR)’. What is a SLR doing according to Bulgarian legislation? SLR should supply electricity (or natural gas) …

THE MOST EXPENSIVE IS THE ENERGY FROM SUPPLIERS OF LASR RESORTS Read More »

In Bulgaria, freely negotiated electricity deals are conducted via the platform of the Independent Bulgarian Electricity Exchange (IBEX). In 2019, the total delivered energy, traded in various IBEX segments, amounted to 25.3 TWh, which represents a growth of 8.9% compared to 2018. This is indicated by the data compiled in 2019 EWRC Activity Report, submitted to the …

IN 2019 THE NATIONAL WHOLESALE ELECTRICITY MARKET REMAINED COMPETITIVE AT THE EXCHANGES IN THE REGION Read More »