The Bill amending the Energy Act is currently under discusion before a second vote. The significant that will have an effect on the electricity market are the following:
- Obligation for producers from RES and Co-generation with installed capacity between 1 MW and 500 kW to enter the liberalized market from 01.07.2021
- Replacing the term “Cold Reserve” with “Additional Services”
- Abolishment of the 5% revenue fee for newly build RES projects commissioned after 01.01.2021;
Valentin Nikolov announced to the Capital media that the changes will be reviewed by the end of January, and the idea is for RES projects to come into force retroactively – from January 1, 2021.
In addition to the Bill, new proposals were submitted between the readings by MP Ramadan Atalay, which propose NEK to be no longer a public supplier and its role to be taken by the end suppliers (CEZ, EVN, Energo-Pro). He also suggests introduction of a capacity mechanism to ensure the operation of certain plants maintaining the security of the electricity supply. Currently, according to Capital, the changes in the Energy Act proposed by Atalay will not be supported by the ruling party GERB.
More information about the Bill is available at (only in Bulgarian): https://www.parliament.bg/bg/bills/ID/163432