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The state energy companies can cut costs by BGN 239 M

The state energy companies can reduce their costs with a total of 239 million levs. This became clear during the fifth meeting of the Public Council for Energy at the Ministry of Economy, Energy and Tourism. State power plant "Maritsa East 2" offers to cut its costs by 100 million levs, NPP "Kozloduy" - 50 million levs and Electricity System Operator - 9 million levs, it became clear from the words of the Minister Assen Vassilev. It has already been agreed that "Mini Maritsa Iztok" can also cut costs by 80 million levs. "The other participants in the energy system, including the National Electricity Company will continue to seek opportunities to reduce costs," said Minister Vassilev.

The producers of energy from renewable sources expressed their willingness to pay for the costs which they generate about balancing of the energy system. According to Vladimir Alichkov (board member of the Bulgarian Photovoltaic Association) the State Energy and Water Regulatory Commission did not provide data on the exact amount of these costs yet. According to preliminary calculations, it comes to approximately 60 million levs.

Minister Vassilev underlined that at the moment a new pricing model is developing, whose main aim is to do it on a market basis, without distortion. "I believe that we can keep the price of electricity and have no rise from 1-th July," said Minister Vassilev. In his words, one of the elements of the new model is the elimination of any additions to the price of electricity. "It really puts price forming on a market principle without affecting the final price to the consumer, but will unclog the Bulgarian electricity export to foreign markets," said Assen Vassilev. In his words, the new pricing model will enable, on the one hand, people to know what they pay for and why, and on the other hand - it can be evenly distributed, rather than going through auxiliaries and administrative procedures.