Text size

Bulgarian President expects the European Commission to react to the speculation with electricity prices

published on 12/17/21 10:09 AM

Photo: EPA/BGNES

Bulgaria's President Rumen Radev said the European Commission had not found the reason for the sharp rise in electricity prices in the European Union. After the European Council meeting, he told reporters that the energy market estimates presented did not help to come to a general conclusion about what was driving prices up.

"In my opinion, the reports are not in the necessary depth, because they say that speculation has not been discovered," the president said. He pointed out that the prices of coal and nuclear fuel are the same, and it is not clear where the increase in international prices comes from. "We expect this analysis to continue," Radev added.

The President said that the high price of carbon emissions of 90 euros per tonne stopped the development of energy and this problem needed to be addressed.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News carbon emissions electricity price energy market Rumen Radev

More from category

Week starts with snow and freezing temperatures

On Monday there will be snow showers or a mix of rain and snow in many places. The precipitation will decrease and stop, and the clouds will clear in the evening. The minimum temperature will be minus 3°C, around minus 1°C in Sofia, and the maximum will..

published on 4/6/25 6:05 PM

After the fire: Emergency break for students at the National School of Applied Arts in Tryavna

After a fire destroyed the roof of the historic National High School of Applied Arts in Tryavna on Friday morning, students are taking a week-long emergency break. With the help of the fire brigade, civil protection teams and local businesses, the..

published on 4/6/25 5:33 PM

Police continue large-scale inspections of dangerous road sections

The large-scale inspection, carried out by the competent police structures of the National Police Directorate and the regional directorates of the Interior Ministry, will continue next week to get the full picture - where, what and how many are the..

published on 4/6/25 4:01 PM