10/09/12 16:22
(http://www.klassa.bg/)

NEC starts renegotiations with Maritsa Iztok 1 and 3

The National Electricity Company (NEC) is starting negotiations with power plants Maritsa Iztok 1 and 3 to renegotiate the long-term contracts for the purchase of electricity, Chairman of the State Energy and Water Regulatory Commission (SEWRC), Angel Semerdzhiev, confirmed during the regular session of the Commission on Tuesday. Both plants sell electricity to the public supplier at prices of over BGN 120/MW.

According to Semerdzhiev, this could lead to a reduction of electricity prices by the middle of next year.

There is a text in the law which allows negotiation talks to begin when there are long-term contracts which may be in conflict with EU directives or practice, or other additional requirements imposed by the market, the Chairman of SEWRC explained.

Semerdzhiev explained that Bulgaria is not the only country which has faced "such a situation" and added that the state will share experience, "including with countries like Poland."

"There was such a case in Hungary. The phenomena in our country are similar. There is enough experience which can be obtained. We have used even the slightest possibility for corrections up to now," commented Semerdzhiev.

In connection with the forthcoming heating season, Angel Semerdzhiev assured that there are no concerns about the readiness of the energy companies for the winter.
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