Ontario electricity policy

Since the beginning of the year, the export of electricity has decreased by nearly 66 percent, and the production of electricity has shrunk by a fifth compared to the same period last year, according to the data of the Electricity System Operator, BNR reports.

The government will compensate companies electricity and natural gas providers for having to sell the energy at capped prices. The measure is worth between 340 and 350 million euro at the annual level.

If gas prices remain at the same record levels, electricity and heating for household consumers will jump by 20-30% from January, according to Bulgarian Energy and Water Regulatory Commission estimates.

The price of gas on European markets reached 118 euros per megawatt-hour, making a 20% increase on a daily basis.

Public Power Corporation is launching a counterattack in the retail market, expanding its activity to the provision of natural gas too.

According to data from the Electricity System Operator, by February 3, Bulgaria's electricity exports to neighbouring countries increased by 199.72% for a year.

The increase is mainly due to an increase in exports to Turkey. The current energy balance report shows growth in electricity generation by 12%t, while consumption has gone up by nearly 5%.

Bulgaria's industrial production index rose by 0.6% year-on-year in September but was 1.1%  lower compared with August, the National Statistical Institute (NSI) has announced.

Data for September 2015 is preliminary and subject to revision.