Electricity pricing

Employers' organizations have demanded the resignation of the management of the National Electricity Company (NEC) because of the recent surge in electricity prices for businesses, reports BNT. 

This amalgamation of factors has put great pressure on the 35 per cent of the electricity mix of Romania that relies on hydrocarbons - coal plus gas.

Against the backdrop of the cost problems facing Romanian coal production, the risk of a tumultuous and disordered energy transition is increasing.

An average of 15 percent will increase household electricity prices if the energy regulator approves CEZ's proposal to increase the cost of electricity. The opinion expressed to Darik the energy expert and member of the strategic council to President Elenko Bozhkov.
 

The Energy and Water Regulatory Commission will not allow a drastic increase in electricity, assured the head of the regulator Ivan Ivanov. He predicts that the 1 July increase will be within inflation - about 3.6%.

Yesterday, energy companies have requested an increase ranging from 2% for the day to over 50% of the night.

A drastic appreciation of the night electricity price for household consumers as of July 1 with more than 51% demanded from CEZ, and for the daily electricity price - about 11%, it is clear from the price proposal of the company, deposited in the State Agency of Energy Regulation (KEVR).

EVN offers an increase in the daily tariff by 4.6% and by over 8% for the night.

Bulgaria, Northern Macedonia and Albania have signed a memorandum on integrating their electricity markets and developing joint electricity trading in Southeast Europe, the state-run Electricity System Operator announced on Friday.

At an extraordinary sitting of the National Council for Tripartite Cooperation employers and syndicates voiced their concern with the situation on the electricity market and the substantial increase in the price of electricity for industrial consumers, reported the Bulgarian National Radio. 

Professionals and low-to-medium-voltage industries are the first categories of electricity consumers to be hit with power rate hikes due to the increase in carbon emission rights prices.

Turkey's energy regulator will raise electricity prices by 14 percent for industrial use and 9 percent for residential use from Sept. 1, according to figures published in the government's Official Gazette overnight.

Public Power Corporation (PPC), Greece's main electricity supplier, is set to encounter strong opposition over its plan to slash jobs and raise electricity prices, industry insiders have said.