Bulgarian Mining and Geology Chamber has warned about the possibility of the increase in electricity price in Bulgaria in case of the closure of country’s coal-fired thermal power plants due to CO2 emissions restrictions that should be adopted by the EU in April.
CEO of the Mining and Geology Chamber, Ivan Andreev said that the price could be increased up to 35-40 % and it would cause serious issues in Bulgarian heavy industry, as such drastic electricity price increase would cause its termination due to lack of competitiveness.
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Tags: Bulgaria, carbon emissions, closure, CO2 emissions, coal, electricity, electricity price, emissions, EU, TPP