An explanatory campaign on the liberalization of the domestic electricity market will take place in a few weeks, promised Minister Radev

Energy / Bulgaria
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The Minister of Energy, Rumen Radev, promised to start an explanatory campaign for the liberalization of the market for domestic consumers within a few weeks and admitted that the department is not yet ready for this. During a hearing in the Energy Committee of the National Assembly, the Minister of Energy explained that the Energy and Water Regulatory Commission (EWRC) was "cleaning up" texts in the by-laws (the relevant Regulations). As he put it, "it's being worked on." "We give opinions, exchange texts with them, opinions. Our task is generally to have this process completed within the next few weeks, so that these Regulations can also go through public discussion. After that, we are preparing an information campaign," said the minister. In his words, there are "different models that we develop with them for prices, forecasts, what's possible." Radev stated that with the introduced threshold of a revenues of Kozloduy NPP "we have already created a buffer that we consider to use if necessary, in case interventions are required in the future to support the price for household consumers".

"This is the logic, but the information campaign is a very important thing. We agree with EWRC. We are not ready with that yet," said the minister in response to a question from PP-DB MP and Deputy Chairman of the Energy Commission Radoslav Rybarski.

A day ago, within the framework of the official start of the rehabilitation of HSHP Belmeken, the Minister of Energy stated to journalists that the Ministry has a clear model for the liberalization of the electricity market for domestic consumers.

During the hearing in the energy committee, Minister Radev did not give a clear answer to the question of the MP from Vazrazhdane Iskra Mihailova whether the sum of BGN 160 million for state support for TPP Maritsa East 2 and Mini Maritsa East really exists for what are used and where they will come from. "To clarify. If necessary, with respect to state-owned companies, would we react? The answer is: Yes," said Minister Radev. He drew attention to the importance of TPP Maritsa East 2 as a critical infrastructure, the funds provided for the purchase of emissions at a price of 58-59 euros per ton. At the same time, the difficulty of the FSES-NEC compensation scheme and the caution to avoid cross-subsidization did not pass. As well as Contour Global's refusal of requests for coal from the mines. According to Minister Radev, the discoveries in Mini Maritsa East will increase, there will be no released workers, but only a temporary transfer from one activity to another - for example, to reclamation.

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