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From Bulgaria
09.10.2014 12:05
© naezmi@flickr.com
One of the first tasks of the recently created energy council at the Bulgarian Ministry of Economy and Energy will be the preparation of analysis of all the risks the country’s energy system is facing. More precisely, a work group dedicated to the specific issues of the power sector within the so called Energy Board will concentrate towards modifying the balancing energy market rules.
Since its launch of Jun 1, 2014, the balancing energy mechanism has been accumulating deficits, with imbalance prices hitting staggering amounts over certain minutes and hours of the 24-hour period. Moreover renewable energy producers have warned on several occasions that the National Electricity Company (NEK) has been unilaterally modifying their production schedules before handing them over to the Electricity System Operator (ESO) which coordinates the balancing process.
According to information released by the press office of the Ministry of Economy and Energy, the Wednesday meeting was attended by representatives of the state-owned NEK, ESO, power supplier Energo-Pro, ContourGlobal Maritsa East 3 thermal power station, the Confederation of Independent Trade Unions in Bulgaria (CITB), the Institute for Market Economics (IME), the electricity traders association ATEB and the Bulgarian Federation of Industrial Electricity Consumers (BFIEC) among others.
The power sector work group is to prepare an analysis of the deficits and the ensuing difficulties the power system of the country is facing.
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