IDEAS home Printed from https://ideas.repec.org/a/eee/juipol/v17y2009i1p65-75.html
   My bibliography  Save this article

Bulgarian electricity market restructuring

Author

Listed:
  • Ganev, Peter

Abstract

The energy sector in Bulgaria has undergone major restructuring in recent years. It faces the dual challenges of achieving regulatory stability to attract private investors, and creating a functioning competition energy market. As of the EU Accession in 2007, Bulgaria has fully liberalized power and gas markets. The 2003 Energy Law establishes the energy sector legal framework and sets the basis for creation of a transparent and predictable regulatory environment where the key regulatory responsibilities are vested with the State Energy and Water Regulatory Commission (SEWRC). The energy sector experienced significant problems in the first half of 2007 due to lost production capacities and regulatory failures on the electricity market. Excess price regulations on the market of electricity supplies to household, coupled with insufficient liberalization of imports and exports, create unfavorable conditions for power producers and large electricity users. The energy regulator has tried to achieve several incompatible targets as of July 1, 2007 for maintaining low electricity prices for households in response to political pressure, low power generation prices amid rising input costs, and market opening in compliance with EU regulations.

Suggested Citation

  • Ganev, Peter, 2009. "Bulgarian electricity market restructuring," Utilities Policy, Elsevier, vol. 17(1), pages 65-75, March.
    • Handle: RePEc:eee:juipol:v:17:y:2009:i:1:p:65-75
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0957-1787(08)00032-5
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Patlitzianas, Konstantinos & Karagounis, Konstantinos, 2011. "The progress of RES environment in the most recent member states of the EU," Renewable Energy, Elsevier, vol. 36(2), pages 429-436.
    2. Menegaki, Angeliki N., 2011. "Bourgas-Alexandroupolis oil pipeline; will matching institutional and regulatory contexts lead to an effective bargaining and eventual consensus?," Energy Policy, Elsevier, vol. 39(3), pages 1277-1285, March.
    3. Tchalakov, Ivan & Mitev, Tihomir, 2019. "Energy dependence behind the Iron Curtain: The Bulgarian experience," Energy Policy, Elsevier, vol. 126(C), pages 47-56.
    4. Georgi Todorov & Ivan Kralov & Ivailo Koprev & Hristo Vasilev & Iliyana Naydenova, 2024. "Coal Share Reduction Options for Power Generation during the Energy Transition: A Bulgarian Perspective," Energies, MDPI, vol. 17(4), pages 1-26, February.
    5. Jonek Kowalska, Izabela, 2015. "Challenges for long-term industry restructuring in the Upper Silesian Coal Basin: What has Polish coal mining achieved and failed from a twenty-year perspective?," Resources Policy, Elsevier, vol. 44(C), pages 135-149.

    More about this item

    Keywords

    Bulgaria Electricity Restructuring;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:juipol:v:17:y:2009:i:1:p:65-75. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.sciencedirect.com/journal/utilities-policy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.