Bulgaria’s 300,000 firms to leave regulated power market amid liberalization
As of October 1, about 300,000 companies in Bulgaria will have an obligation to choose an electricity supplier. It is another step in the country’s electricity market liberalization and arguably the biggest one so far. Bulgaria is one of the few European Union member states which have not fully liberalized their electricity markets. In September, […]
Public debate on the Draft Law on Electricity launched in Republika Srpska
The first session of the public debate on the Draft Law on Electricity in Republika Srpska has been held at the Bijeljina regional chamber of commerce. The law should be adopted by the end of the year. The public debate is supposed to last for 60 days, and so far it has not been announced […]
Bulgaria’s households to be able to choose electricity supplier from 2020
Households in Bulgaria will get the right to choose the electricity supplier but not before 2020, Bulgaria’s Energy Minister Temenuzhka Petkova said, local media reported. The electricity market liberalization for households and small consumers was scheduled to happen a year ago. She said that the process has started, but that it will be finished in […]
Electricity market liberalization lowers prices by 32% in North Macedonia
The electricity market liberalization has decreased prices for small commercial customers by about 32%, said Marko Bislimoski, president of North Macedonia’s Energy Regulatory Commission, local media reported. These consumers became eligible to choose their supplier from January 1 this year, and they are using the opportunity. Bislimoski said that the price they paid before January […]
Bulgaria: the drive for full liberalization of the energy market and the upcoming changes
Authors: Dimitar Zwiatkow (Partner), Maria Harizanova (Associate), at Pavlov and Partners Law Firm in cooperation with CMS Reich-Rohrwig Hainz Rechtsanwälte GmbH The electricity market in Bulgaria is undergoing certain major changes, including the introduction of new rules for renewable energy producers, the abolition of the electricity export tariff, and market coupling projects, which will also affect the […]
Households, small-scale consumers to get official portal for comparing electricity prices
Portal switch.mk for comparison of electricity suppliers’ offers for households and small-scale consumers will be operational at the beginning of 2019, when these categories of buyers in Macedonia will be given the opportunity to choose a supplier. This internet tool will help households and small-scale consumers, depending on their consumption patterns and other characteristics, to […]
EPBiH not to pay dividends for 2017 as drought drives down profit
Shareholders of power utility Elektroprivreda BiH (EPBiH), majority owned by the Federation of Bosnia and Herzegovina (FBiH), do not stand to get dividends for 2017, when the company saw its net profit plunge to BAM 620,282 (approximately EUR 317,000), from BAM 12.9 million (around EUR 6.6 million) a year earlier. Under a decision to be […]