Household electricity prices will not go up with the planned liberalization of the electricity market for household consumers as of 1 July this year, Energy Minister Zhecho Stankov said in an interview with the BNR. Bills will not go up with the help of compensations from the Electricity System Security fund, he added.

• Bulgaria will try to save part of the second payment under the Recovery and Resilience Plan

Some commitments assumed by Bulgaria in the sphere of energy as part of the Recovery and Resilience Plan should be renegotiated with the European Commission, Zhecho Stankov said further, and added that the functioning of the energy sector was in jeopardy, giving as an example the commitment to reduce carbon emissions from coal-fired power plants by 40%.

“Having been assumed once, this is a commitment that would be hard to scrap. My personal battle is for it not to be at the level of individual power plant but at a national level. There is a common European target for the reduction of total emissions but no country has asked for an emissions reduction specifically from the energy sector,” Minister Stankov said.