Subscribe free to our newsletters via your
. Nuclear Energy News .




CIVIL NUCLEAR
EU to probe Bulgaria energy sector
by Staff Writers
Sofia, Bulgaria (UPI) Apr 10, 2013


disclaimer: image is for illustration purposes only

The European Union will probe Bulgaria's energy sector after protests over high electricity prices this year forced the resignation of its previous government.

The current caretaker Bulgarian Cabinet announced Wednesday it had received confirmation from the European Commission an investigation to be carried out by its directorate-general for energy would begin next week.

The focus of the probe will be the conduct and independence of Bulgaria's State Commission for Energy and Water Regulation, or DKEVR, the role played by the state-owned Bulgarian Energy Holding and the operation of the country's dysfunctional, partially liberalized electricity market, among other topics.

The investigation comes after a series of street demonstrations and marches triggered by quickly rising electricity prices in February ultimately toppled the government of Prime Minister Boyko Borisov.

Meanwhile, foreign energy distribution companies such as the Czech Republic's CEZ and Austria's EVN have threatened legal action over regulatory barriers erected by the government to reduce the amount of costlier renewable energy in Bulgaria's energy mix.

Consumer prices spiked by 13 percent last summer, and the former government responded by trying to cut feed-in tariffs paid to the impoverished nation's booming solar-photovoltaic power sector and by imposing grid access fees -- efforts that ultimately failed, Europolitics.com reported.

The caretaker government said Wednesday the EC probe was agreed to during a visit by caretaker Prime Minister Marin Raykov, caretaker Deputy Prime Minister Ekaterina Zaharieva and caretaker Economy and Energy Minister Asen Vasilev to Brussels late last month.

"The experts will review the legislative framework and the structural components of the Bulgarian energy sector," the government statement said. "The objective is to identify the most important problems in the sector."

During the investigation, EU experts are to hold bilateral meetings with the Ministry of Economy, Energy and Tourism, DKEVR, and officials of the largest private players in the country's energy sector.

The EU has mandated full liberalization of the Bulgarian market by Jan. 1, 2015, which will likely usher in still higher prices, and Brussels is seeking to untangle Bulgaria's energy situation to ease the transition.

Vasilev said the European Commission's check "should give a realistic view on the energy sector," the Sofia News Agency reported.

"The most important is to see where the faulty practices are and fix them, otherwise everyone in the sector would continue to ask for price hikes," he said. "It we do fix them, then we will find reserves in the system and prevent price increases."

The interim energy minister said his own probe found that some photovoltaic plants are overstating how much electricity they're producing, resulting in overpayments.

"These plants have very high installation cost and this is what makes the prime cost of the energy they produce much higher compared to the one coming from conventional power plants," he said. "Europe already started backing (away) from green energy over this."

DKEVR Chairwoman Evgenia Haritonova broke the news Tuesday electricity prices were likely to go up in July, but wouldn't specify by how much or whether the increases would be dramatic, the Bulgarian news agency said.

.


Related Links
Nuclear Power News - Nuclear Science, Nuclear Technology
Powering The World in the 21st Century at Energy-Daily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








CIVIL NUCLEAR
Japan's nuclear watchdog drafts new safety rules
Tokyo (AFP) April 10, 2013
Japan's nuclear watchdog on Wednesday published new draft safety standards that it hopes will prevent a repeat of the disaster at Fukushima. The Nuclear Regulation Authority (NRA) said measures must be taken to defend atomic power plants against tsunamis, earthquakes and terrorist attacks. Under the proposed rules there will be a ban on building reactors near active tectonic faults, whic ... read more


CIVIL NUCLEAR
Breakthrough in hydrogen fuel production could revolutionize alternative energy market

Renewable Energy Group Selects FuelQuest Zytax Determination to Automate Energy Tax Processing

Researchers Engineer Plant Cell Walls to Boost Sugar Yields for Biofuels

Regulation recommendations so that biofuel plants don't become weeds

CIVIL NUCLEAR
Spectrolab Sets World Record for Solar Cell Efficiency

Nanowires Have the Power to Revolutionize Solar Energy

Global solar photovoltaic industry is likely now a net energy producer

Trina Solar supplies 33Mw to S.A.G. Solarstrom AG for UK PV project

CIVIL NUCLEAR
Providing Capital and Technology, GE is Farming the Wind in America's Heartland with Enel Green Power

Wind skeptic British minister replaced

Using fluctuating wind power

France publishes 1GW offshore wind tenders

CIVIL NUCLEAR
Jordan scrambles to secure energy resources

ADB report warns on Asian energy

GeorgiaEnergyData.org Breaks Down Barriers to Clean Energy

Outside View: Ukraine energy independence

CIVIL NUCLEAR
Understanding the life of lithium ion batteries in electric vehicles

Tin nanocrystals for the battery of the future

Tortuous paths hamper ion transport

Gazprom, Volkswagen ink natgas fuel deal

CIVIL NUCLEAR
Retired Star Found With Planets And Debris Disc

The Great Exoplanet Debate

NASA Selects Explorer Investigations for Formulation

The Great Exoplanet Debate Part Four

CIVIL NUCLEAR
New counter-mine measures on way

Bronze warship ram reveals secrets

US Navy Awards Boeing High Altitude Anti-Submarine Weapon Contract

QinetiQ supports the successful entry into service of the Astute-class submarines

CIVIL NUCLEAR
Shaking ExoMars

Astronaut's radiation study will be critical for Mars mission

Remaining Martian Atmosphere Still Dynamic

Registration Opens for NASA Night Rover Energy Challenge




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement