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Employers demand urgent measures over high electricity prices

Employer organizations are demanding an immediate meeting with Prime Minister Kiril Petkov, at which the “situation which poses an imminent danger to the economy and to social peace” resulting from the high prices of electric energy and gas can be..

04.01.22 13:35 |

Businesses want 75% compensation for price of energy

Compensation for business proposed by the government due to high electricity prices is not enough and may lead to a sharp economic decline, rise in unemployment and social tensions. This was what representatives of employers'..

30.12.21 17:07 |
PM Kiril Petkov

Government to provide additional funding over electricity prices and Omicron

“The cabinet must provide an additional budget resource because of the high electricity prices so as to alleviate the burden on businesses,” Prime Minister Kiril Petkov stated during today’s cabinet meeting.  The government is also expected to..

30.12.21 17:03 |

Boyko Borissov calls for lifting moratorium on electricity prices

The government should immediately lift the moratorium on prices of electricity, heating and water for households and introduce adequate compensations for business. This was what GERB leader and former Prime Minister Boyko Borissov..

30.12.21 15:38 |
Minister of Energy Alexander Nikolov

The state to compensate businesses for high electricity prices

“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..

21.12.21 15:09 |
The photo is illustrative.

Bulgaria's Sliven Municiliaty on its way to become the first in the country with its own power plant

The Municipal Council in the town of Sliven has approved the proposal for the construction  of a photovoltaic plant  on a plot opf 450 decares of municipal land. The land will be given to a private investor through a public procurement procedure, BNR..

20.12.21 18:26 |

Electricity price reaches new record high of 343 euro/MWh at Bulgarian energy exchange

The price of electricity with a delivery tomorrow has reached 670 levs /343 euros/ per megawatt hour on the Bulgarian energy exchange . This set a record for a day ahead trading. The exchange and the Electricity System Operator explained to BNR that up..

20.12.21 18:17 |

Electricity supply limited in parts of Bulgaria

Due to the complicated winter situation and incidents affecting the electricity distribution network, the Minister of Energy Alexander Nikolov introduced a restrictive regime for electricity supply in some settlements in the districts of Sofia,..

17.12.21 17:52 |
Nikola Yankov

Nikola Yankov: The moratorium on electricity prices is incompatible with the market economy concept

"The moratorium on electricity, heating and water prices is a disappointing move, which is incompatible with the market economy concept", Nikola Yankov, former Deputy Minister of Economy and  Deputy Minister of Transport said for the BNR. "A modern..

16.12.21 17:02 |

Parliament adopts moratorium on prices of electricity, water and heating

MPs have set up a temporary committee to tackle the energy crisis and high electricity prices. The proposal of the opposition GERB-SDS to impose a moratorium on the price of electricity was accepted and the price will be frozen at the..

15.12.21 16:53 |
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