Renewable energy law

The mechanism for compensating household energy bills announced by the government covers almost all electricity consumers nationwide and over half of the natural gas consumers, the vice-president of the National Regulatory Authority in the Energy Area (ANRE), Zoltan Nagy-Bege, said on Wednesday.

The final electrical energy consumption rose by 7 pct in the first six months of this year, compared to the similar period of last year, on the backdrop of an 8.3 pct increase in the consumption of the population, according to data from the National Institute for Statistics (INS) published on Thursday.

Turkey's electricity import bill in the first quarter of 2021 decreased by nearly 83 percent compared to the same period of 2020, according to Turkey's Statistical Institute (TÜİK) data released on April 30.

The data shows that Turkey paid nearly $3.37 million for electricity imports in the first quarter of the year, compared to $19.58 million in the January-March period of 2020.

The government is considering a €0.12/kWh feed-in tariff for PV installations with a generation capacity of up to 5 kW and of €0.10 for 5-30 kW systems. If implemented, the scheme will come into force next month.

A price hike in household electricity consumption is expected in the upcoming months despite historically low oil prices because of currency fluctuation and the structural design of the Turkish electricity market, according to an expert.

The special account for renewable energy sources, through which green power producers are paid, is showing a 423-million-euro annual drop in revenues.

Both Romania's energy production and electricity exports in the first eight months of the year were lower compared to the same period of 2018, while household energy consumption rose by 20.5 pct, the National Institute of Statistics (INS) said on Friday.

In its decision № CC-19 dated July 1, 2019, the Energy and Water Regulatory Commission (KEVR) approved new electricity prices for household and non-residential customers connected to a low-voltage grid in Southeastern Bulgaria in force since 01.07.2019.

According to the KEVR's Decision, the final VAT rates for household customers in Southeast Bulgaria are as follows: 

The Parliament has adopted the final amendments to the Energy Act, Focus News Agency reports. With the amendments, power producers with installed capacity between 1 MW and 4 MW from 1 July 2019 have the opportunity to enter the free market, which will provide additional quantities of electricity on the stock exchange and will improve competition.

The three electricity distribution companies in Bulgaria CEZ, EVN and Energo Pro have submitted applications to the Energy and Water Regulatory Commission seeking new increase in the prices of electricity as of 1st of July, reports BNT.