Draft law to be ‘catastrophic’ for Bulgarian power market

A new draft law imposing a 5% margin ceiling for wholesale transactions could have a ‘catastrophic’ impact on the Bulgarian power market, potentially ceasing trading activity, pushing local traders into insolvency, and drying out liquidity, industry groups and traders warned, writes Luka Dimitrov, Senior Energy Market Reporter at ICIS. In open letters on 18 October, lobby […]