SEWRC proposes a 90% increase in the price of energy from biomass

Georgi Velev

The price of energy produced from plants using indirectly biomass will increase by 90%, stipulates a report of the State Energy and Water Regulatory Commission (SEWRC). The price increase is aimed at stimulating the generation of electricity and heating energy from biomass, which is not used effectively in Bulgaria at present. According to SEWRC’s proposal, investors in such projects will get BGN 378.04/MWh, up from the BGN 199.05/MWh they receive now. The price will be applicable to plants with a capacity of up to 150 kWh. For facilities with a capacity of up to 500 kWh, the tariffs will increase by 87.6% to BGN 344.29/MWh. Investors in power plants of higher capacity will get BGN 271.96/ MWh, up from BGN 168.08/MWh received until now.

SEWRC projects a reduction of the tariffs for producers of electricity from solar and wind power plants. The average decline in the prices of electricity from wind power will be about 1.2%. The price of electricity produced from photovoltaics with a capacity 5 kWh will be reduced by 4.17% and will be paid at BGN 699.11/MWh. The reduction for smaller plants will be 4.26% and hence, the price of energy from them will be BGN 760.48/MWh. These changes are expected to come into force on April 1st. As of the same date, there will be new prices for natural gas. Bulgargaz has already demanded a 6.61% price hike for the blue fuel to BGN 543.05 per 1,000 cu m, VAT excluded.

Meanwhile, the Russian corporation Rosatom announced yesterday that no official negotiations on the price of the Belene NPP (Nuclear Power Plant) are being held at present. Energy Minister Traicho Traikov said on BNR (Bulgarian National Radio) that no consensus had been reached with the Russian side on this issue yet. The construction of the plant, he said, will continue and an agreement will be reached during the negotiations this week.

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