Open energy market

The open electricity market in Bulgaria started in Sept 2004 with the conclusion of the first freely negotiated deal between a producer and an industrial customer.

The open market develops in accordance with the European directives for the creation of a single, internal energy market and in compliance with the local legislation. The Directives separate production from transmission and distribution of electricity and introduce competition in the energy sector, aiming at decreasing the energy dependence of the EU, increasing of energy efficiency and encouragement of implementation of new technologies.

Since the open market has started in Bulgaria in 2004, there are over 30 producers and 50,000 customers buying from a number of registered traders. The open market allows customers to freely change supplier of electricity, to negotiate individual contract terms and delivery period based on their consumption.

Comparison between regulated and open market