EC to Bulgaria: Shut Down Inefficient Power Plants!

Energy | May 28, 2013, Tuesday // 15:33|  views

The European Commission has released its report on the Bulgarian energy sector, making a bleak prognosis of shrinking electricity consumption due to population decline in the next 10 years.

The Commission advises reexamination of the condition of operating power plants and closure of the plants that are least efficient and most damaging to the environment, Bulgarian caretaker Deputy-PM and Minister of Regional Development Ekaterina Zaharieva said presenting the report.

A similar report by the World Bank, presented by the caretaker Minister of Economy, Energy and Tourism Asen Vasilev, states that the current power plants will be in excess even in 2030.

A lack of transparency due to the subordination of all power associations to the National Energy Company (NEK), National Commission of Energy and Water Regulation (DKEVR) ineffectiveness are among the weak points of the Bulgarian Energetics, emphasized in the reports.

Renewable energy sources have not been efficiently introduced in Bulgaria, according the EC and WB reports.

The World Bank estimated that NEK's obligation to buy energy from such sources will cost the country BGN 1.2 B annually. DKEVR plans to earmark just this amount of money for energy from renewable sources for the next regulation period.

The reports also stress on the inefficient system of protecting energy poor households -those 61% of Bulgarian households that give 10% of their income for energy consumption, and propose an expansion of the financial support offered to them.

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Tags: European Commission, EC, World Bank, WB, energy, NEK, DKEVR, renewable energy sources, environment

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