Electricity pricing

There is no reason for an increase in electricity prices or heating rates, according to Bulgaria's Deputy Prime Minister Tomislav Donchev.

In a Monday interview for the Bulgarian National Radio he explained that his prediction was based on the condition of the system and the price of energy carriers.

US-based ContourGlobal on Thursday hailed the deal it had signed with the government in Sofia ahead of the planned change in the electricity purchase agreement for its Bulgarian power plant.

BELGRADE - The excise duty on electricity should be introduced in Serbia, but it could be set at zero this year in order to cut the upcoming price increase in half, economist Stojan Stamenkovic said Tuesday.

BELGRADE - Serbia's Energy Minister Aleksandar Antic said on Thursday that the price of electricity would not go up as from April 1, although that had been the deadline agreed with international financial institutions.

"Electricity price rise part of IMF-Serbia agreement"

VIENNA -- The 15-percent electricity price hike is part of IMF's agreement with Serbia, as stated in a memorandum which the country submitted before the deal was closed.

This was announced by head of the IMF mission Zuzana Murgasova.

Electricity, gas markets to be liberalized

BELGRADE -- A full liberalization of the electricity market, allowing citizens to choose their suppliers in an open market, will begin from the New Year.

The liberalization of the gas market is set to start as well.

BELGRADE - A full liberalisation of the electricity market, allowing citizens to choose their suppliers in an open market, will begin from the New Year, with the liberalisation of the gas market set to start as well.

Bulgaria's State Commission for Energy and Water Regulation (DKEVR) proposes introducing a ceiling on prices paid to power generators.

According to DKEVR, the tariff should be capped at BGN 202 per MWh, which is the highest amount paid for the balancing of the energy system.

The proposal is part of a draft decision of DKEVR.

There is a lack of competitors in energy trade on the liberalized energy market, the Bulgarian energy watchdog DKEVR warned Tuesday.

Trade to household consumers is where the biggest insufficiency has been registered, the website Dariknews quoted the regulator's chair Svetla Todorova as saying at a DKEVR meeting.

The European Commission has recommended that Bulgaria abolish regulated electricity prices in a report on the internal energy market.

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