By adopting amendments to the Electricity Price Regulation Ordinance, the Energy and Water Regulatory Commission marked the next stage of the liberalization of the electricity market, envisaging full liberalization of the wholesale electricity market as a stage of the full liberalization of the retail market for end household customers, the commission reports.
We recall that the start of the liberalization was postponed by the MPs from 01.07.2024 to 01.07.2025, when EWRC’s obligation to regulate prices ceases. In the transition period from this date until 31.12.2025, final suppliers will be obliged to supply household customers at regulated prices determined by a program of the Council of Ministers. The regulator will determine a monthly compensation to cover part of the costs of end customers for purchased electricity from an end supplier at regulated prices.
Bulgaria will not be forced to shut down its coal-fired power stations or coal-powered district heating systems during the winter. Energy Minister Zhecho Stankov made this statement ahead of the opening of the RE-Source Southeast 2025 forum, held at..
The Confederation of Labor "Podkrepa" has strongly opposed the proposed measures for a more favorable regime for hiring staff from non-EU countries. "The government is proposing a measure to ease labor migration quotas, suggesting that up to..
In recent years, Bulgaria has been collecting and processing 15,000 tons of herbs annually . Nearly 90% of them are exported. More than 200 herbs are widely used in the pharmaceutical, cosmetic and food industries. Active trade covers more than 20..
Bulgaria’s President Rumen Radev met in Tokyo with Japan’s Prime Minister Shigeru Ishiba as part of his visit to Japan. Rumen Radev and Shigeru Ishiba..
The normal movement of buses, trolleybuses and trams in Sofia is being restored as of today, after last night the unions announced an end to the 6-day..
Only 2 kilometers remain to be built on the Bulgarian side of the railway corridor known as Corridor No. 8, which is intended to connect the Adriatic..
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