Last news in Fakti

Expert: It is possible that electricity will become cheaper by 25% by 2030 with reasonable management decisions

Postponing liberalization means artificially maintaining and subsidizing coal-fired electricity, which is not financially profitable, said Remina Alexieva

Май 16, 2024 10:11 212

Expert: It is possible that electricity will become cheaper by 25% by 2030 with reasonable management decisions  - 1

No sudden price jump is expected of electricity. Our calculations even show a possible reduction of 25% by 2030 with energy system modeling and sensible management decisions. This was said by Remina Alexieva, an analyst in the "Energy and Climate" program. at the Center for the Study of Democracy in front of Nova TV.

„The financial condition of the “Security“ in energy is a serious problem. It has the role of a buffer that manages the process of transition to a liberalized market. It can be used to support vulnerable consumers through compensation - these are the energy poor who need help paying their electricity bills.

Thus, a possible jump in prices will be covered by the fund. The funds in it come from the sale of carbon allowances. There is a momentary drop in their prices, which may be the cause of a shortage. The monthly income from electricity producers, including renewable energy sources, is also part of his budget”, she explained.

According to her, KEVR is waiting for the submission of the information of the electricity producers in order to decide on a regulated price. “We would not expect procedurally any change in the price of electricity. Postponing liberalization means artificially maintaining and subsidizing coal-fired electricity, which is not financially profitable,“, Aleksieva pointed out.