Subscribe free to our newsletters via your
. GPS 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
Residents in China ordered to cull birds: media

Cuba faces vast land losses as sea levels rise

Got baby milk? Chinese dealers strip shelves worldwide

Population boom poses interconnected challenges of energy, food, water

CIVIL NUCLEAR
Redesigned Material Could Lead to Lighter, Faster Electronics

A step toward optical transistors?

New 'transient electronics' disappear when no longer needed

World Record Silicon-based Millimeter-wave Power Amplifiers

CIVIL NUCLEAR
Israel boosts air force 'pack of leopards

More delays in Brazil air force upgrades

Fasten seatbelts for bumpier flights: climate study

Hong Kong airbridge collapse rips off plane door

CIVIL NUCLEAR
China March auto sales hit record high: group

Yamaha plans $500 bike in India, eyes exports to China

US announces stricter gasoline standards

Japan venture to bring electric tuk-tuks to Asia

CIVIL NUCLEAR
Santos: Latin America's top port faces logistical woes

China records March trade deficit of $880 mn

Talks fail to break Hong Kong port strike

France's Bourbon in $1.5 bn vessel deal with China's ICBC

CIVIL NUCLEAR
Activist silenced as China island forests destroyed

SFU researchers help unlock pine beetle's Pandora's box

Russian activists angry after attacked journalist's death

Russian forest campaigner dies after 2008 attack

CIVIL NUCLEAR
Ball Aerospace Begins Integration Phase for DigitalGlobe's WorldView-3 Satellite

RADARSAT-1 Malfunction

Satellite Sandwich Technique Improves Analysis of Geographical Data

National Security Drives Growth for GIS Professionals in Government Sector

CIVIL NUCLEAR
Surface diffusion plays a key role in defining the shapes of catalytic nanoparticles

Imaging methodology reveals nano details not seen before

Glass-blowers at a nano scale

Nanoparticles show promise as inexpensive, durable and effective scintillators




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