Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

The state to compensate businesses for high electricity prices

Minister of Energy Alexander Nikolov
Photo: archive

“Because of the rising prices on the energy exchange businesses will receive compensations from the state for December, as well as for the first quarter of 2022,” Minister of Energy Alexander Nikolov announced.

The companies which have long-term contracts at a base price of at least 185 Leva (EUR 95) per MWh will receive compensations of 75% of the difference between the electricity exchange price and the price estimate, though not more than 30% of the actual price. Compensations are also envisaged for the district heating utility companies because of the rise in the price of natural gas. The measures announced have to receive approval from the European Commission which has to determine whether the assistance breaks competition rules or not. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

EC closes the infringement procedure against Bulgaria related to the flood risk management plans

The European Commission has decided to close the infringement procedure against Bulgaria for the non-implementation of its obligations to review and update the Second Flood Risk Management Plans and the Third River Basin Management Plans.  A statement..

published on 2/17/25 5:40 PM
Acad. Ivan Todorov

One of the brightest Bulgarian minds passed away - physicist Ivan Todorov

Physicist Acad. Ivan Todorov passed away at the age of 91, the press center of the Bulgarian Academy of Sciences announced. Acad. Todorov was a scientist with outstanding achievements and world recognition in the field of modern..

published on 2/17/25 4:13 PM

Sofia Airport operates normally in winter conditions

Sofia Airport operates normally in winter conditions, BTA has reported. The runways for take off and landing have been cleaned. The aircraft are being treated against icing. Passengers are advised to arrive at the terminals at..

published on 2/17/25 2:44 PM