Green energy in Bulgaria should rise 16% by 2020: expert

July 2, 2012 by  
Filed under Green Energy News

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Green energy in Bulgaria should rise 16% by 2020: expert

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Sofia. Some investors will seek their rights in the court because of violated procedures of joining the grid, Nikola Gazdov, chairperson of the Bulgarian Photovoltaic Association, told Bulgaria ON AIR television station.
Currently it is not possible to develop new projects, the tariff is very low and the attitude to the investments is very negative, he added and predicted that there would be no new projects at least for another year. He supposes that if there are any new projects, they will be very small.
According to him the negative attitude to the investors is a big problem. At the end of June there was an administrative restriction on setting photovoltaic units into operation and dozens of companies will be forced into bankruptcy. The delay in setting the projects into operation is deliberate; there is a white-collar approach and it is impossible for the state to restrict investors, Nikola Gazdov said.
According to him the reason for the electricity price hike of 13% instead of the originally predicted 10% is not the green energy payment.
Even with the new units, there is a minimum percent of photovoltaic energy generation and you should not say that this is the reason for the price rise. It was clear the electricity price will soar, but the reason is not the photovoltaic projects. The discrepancy in the watchdog’s calculations is due to party blows, he explained.

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Katunitsa. Speaking with journalists in the southern village of Katunitsa, Bulgarian Prime Minister Boyko Borisov commented on the Green Energy Act which made the electricity price hike 13% as of 1 July 2012, FOCUS News Agency reported.
According to him the government had political will to change the situation.
I managed to withstand the pressure of the ambassadors and now with the new prices things are much better. This is a ridiculous law. When we are in power if someone says ‘Here there could be something illicit,’ I return the law and discuss it until full consensus is achieved. Now the problem is that these big companies with a budget that is larger than Bulgaria’s want to join, said Borisov.
Asked why the electricity price is increased by 13% now, the prime minister said:
“The State Energy and Water Regulatory Commission is doing it now; in the recent months the signed contracts about green parks joined [the grid].”
The prime minister arrived at the railway station in the village of Katunitsa by a train from the village of Karadzhovo, municipality of Parvomay, and told the journalists that on his way to the village he had seen a renewable energy park.
“Some vegetable growers came to me and told me that the temperature has risen by 5-6°C due to the parks. This is a huge hot-plate. Let experts speak; after some time instead of the greenhouse emissions, the temperature might rise and the climate will be distorted. The vegetable growers said they irrigated their land three times before and now they irrigate it four times due to the parks. This is a lobbyist law, very sweet, because the big companies and states have interest. When I became a prime minister, Chinese came and said they were ready to invest in parks immediately,” commented Boyko Borisov.
Zornitsa POLEGANOVA

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Burgas. The government will compensate the socially disadvantaged households due to the electricity price hike, Bulgarian Deputy Prime Minister and Finance Minister Simeon Dyankov said, while visiting the archeological excavations close to the residential district of Sarafovo in the coastal city of Burgas, FOCUS – Burgas Radio.
This will happen by pushing up social benefits and the increase will come into force as of today. About 307,000 socially disadvantaged households will be compensated. This will cost the state around BGN 11 million, said Minister Dyankov.
According to him the state has the sum needed.
Fortunately, we have managed well with the April and May, and now I can already say plus the June budget, he said.
Electricity prices rise across Europe. This is a trend due to the renewable resources which have a European regulation until 2020 – over 16%, he said.
Violeta DIMOVA

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Sofia. The price of natural gas goes up by 4.88% as of 1 July 2012, announced Bulgaria’s State Energy and Water Regulatory Commission.
Bulgargaz requested a 16% increase as of 1 July.
Sofia’s central heating price is 2.7% higher and electricity price climbs by 13% as of 1 July 2012.

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Vidin. “The electricity price hike comes as a result of the lobbyist act of former PM Stanishev and Turkish leader Ahmed Dogan,” Bulgarian Prime Minister Boyko Borisov said during his visit to the town of Vidin, Radio FOCUS reported
“There is no more lobbyist act that the Green Energy Act, which literally ruined the country and now the ministers of our government, we are discussing what measures need to be taken in order to compensate the socially disadvantaged people,” the prime minister added.
“There are around 300,000 poor people in Bulgaria, whom we should take care of, through some energy benefits, so as not to feel too strongly the increase of the electricity price,” Borisov commented further.
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Sofia. “The act on green energy is the most lobbyist one,” Bulgarian Prime Minister Boyko Borisov said during his visit to the coastal city of Burgas, Radio FOCUS – Burgas reported.
Borisov commented on the news that electricity price in Bulgaria will increase by 13% as of July 1, 2012 instead of the initially forecasted 10%. The prime minister remarked that the price hike is due to this lobbyist green energy act.
“The most lobbyist act in Bulgaria was adopted in 2007 thanks to the former tripartite coalition. Now we are paying the price of this electricity, despite that we managed to cut the prices twice. If we hadn’t done so, the price would have gone 40% higher,” Borisov said.
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Sofia. The price of the power energy will be increased by 13% as of July 2012, chairman of the State Energy and Water Regulatory Commission (SEWRC) Angel Semerdzhiev stated at the Parliament.
The only factor for increasing the price of electricity is the green energy additives, which form raise by 13%, despite of the announced 10%, Semerdzhiev said.
CEDB and the opposition quarrelled in parliament who is to blame for the increase in the price of electricity by 13%. Bulgarian society needs to know what caused this increase in the power of electricity, Deputy Chairperson of Parliamentary Group of CEDB Tsveta Karayancheva said in a declaration at the Parliament. The Triple Coalition condemned the Bulgarian business to pay the most expensive green energy. The Triple Coalition signed projects for 12,000 megawatts of green energy, which according Karayancheva equals energy generated from 6 nuclear power plants. CEDB amended the law on Renewable Energy Sources (RES) of the Triple Coalition, as “guaranteed” market for 4000 megawatts, “but they conceded to build only 600 megawatts. If was not amended the lobbing RES law of the Triple Coalition, now the increase would be at least 28%”, Karayancheva stated.
“It is praiseworthy that the former tripartite coalition confessed that it backs the green energy and Bulgaria, but who will pay the bill? We are now paying the bill, it is the people and the business who pay the bill. They pay for it thanks to the act passed in 2007,” Bulgarian Minister of Economy, Energy and Tourism Delyan Dobrev said at parliament, after the State Energy and Water Regulatory Commission (SEWRC) announced that the electricity price will be increased by 13% as of July 1, 2012.
“It is not true that we have not changed the act. We changed it and as of May 3, 2011 we stopped all projects for renewable energy sources (RES), there is not a single new contract. We cut the megawatt hours from 12,000 to 600 – this is only 5%. Do you know what it would have happened with the electricity price, if they were 2,000, 3,000, or 5,000 megawatt hours? It would have increased by at least 100%. You should not speculate with this issue. We settled the mess you left, we corrected the 12,000MWH in the 2007 act,” Dobrev added.
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Sofia. “It is praiseworthy that the former tripartite coalition confessed that it backs the green energy and Bulgaria, but who will pay the bill? We are now paying the bill, it is the people and the business who pay the bill. They pay for it thanks to the act passed in 2007,” Bulgarian Minister of Economy, Energy and Tourism Delyan Dobrev said at parliament, after the State Energy and Water Regulatory Commission (SEWRC) announced that the electricity price will be increased by 13% as of July 1, 2012, FOCUS News Agency reporter informs.
“It is not true that we have not changed the act. We changed it and as of May 3, 2011 we stopped all projects for renewable energy sources (RES), there is not a single new contract. We cut the megawatt hours from 12,000 to 600 – this is only 5%. Do you know what it would have happened with the electricity price, if they were 2,000, 3,000, or 5,000 megawatt hours? It would have increased by at least 100%. You should not speculate with this issue. We settled the mess you left, we corrected the 12,000MWH in the 2007 act,” Dobrev added.

Green energy in Bulgaria should rise 16% by 2020: expert
Sofia. It was impossible to avoid the 13% electricity price hike, energy expert Ivan Hinovski told FOCUS Radio.
Investors will sue the state about restrictions in photovoltaic parks: association chairperson
Sofia. Some investors will seek their rights in the court because of violated procedures of joining the grid, Nikola Gazdov, chairperson of the Bulgarian Photovoltaic Association, told Bulgaria ON AIR television station.
China stock index futures open mixed Monday
Beijing. China’s stock index futures opened mixed on Monday, with the contract for settlement in July, the most actively traded, down 8.2 points to open at 2,431.2.

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