ENERGY BOARD IN BULGARIA 16 September, 2014, Budapest

2 CONTENTS The beginningThe beginning PrioritiesPriorities FunctionsFunctions StructureStructure MembersMembers The business view pointThe business view point What`s nextWhat`s next

3 The Beginning The Energy Board was established with a decision of the Council of Ministers 258/2014 /State Gazette 72/ /The Energy Board was established with a decision of the Council of Ministers 258/2014 /State Gazette 72/ / Permanent Consultative body to the Government of the Republic of BulgariaPermanent Consultative body to the Government of the Republic of Bulgaria

4 Priorities in Energy Sector DiversificationDiversification Lower pricesLower prices TransparencyTransparency

5 Functions of the Energy Board analysis of the status of the energy sector and the reasons for instability in the energy system; proposals of principles and guidelines for sustainable development of the energy sector; considerations and proposals of measures for solving the specified problems aiming stabilization of the energy system; positions regarding the activities and measures, undertaken by the government and the governmental bodies in the energy sector; proposals for changes in the energy regulation; considerations and positions on proposals strategy proposals in sector energy.

6 STRUCTURE Chairperson – Deputy Prime Minister on Economic Policy, Minister of Regional Development Deputy Chairman – the Minister of Economy and Energy Members – all stakeholders Secretariat – Directorate Economic and social policy at the Administration of the Council of Ministers External Experts

7 Members of the Energy Board Representatives of: Sector OrganizationsSector Organizations Energy companiesEnergy companies Employers and Business organizationsEmployers and Business organizations Trade UnionsTrade Unions Representative of BCCI – Nikolay Minkov, Executive Director, Srednogorie Med Industrial ClusterRepresentative of BCCI – Nikolay Minkov, Executive Director, Srednogorie Med Industrial Cluster

8 PRINCIPLES The Energy Board is summoned on regular meetings at least once a month  The Energy Board is summoned on regular meetings at least once a month.  The Secretariat of the Energy Board maintains an info web site  All documents related to the activity of the Board are public

9 The Business and the Energy Board TransparencyTransparency ConsistencyConsistency Impact assessmentImpact assessment

10 What`s next.. 5 regional meetings - Varna, Veliko Tarnovo, Pleven, Vratsa, Vidin5 regional meetings - Varna, Veliko Tarnovo, Pleven, Vratsa, Vidin Goals – maximum transparency and supportGoals – maximum transparency and support Participants – NGOs, business, municipalities, mediaParticipants – NGOs, business, municipalities, media

11 Thank you! Vasil Todorov Secretary General Bulgarian Chamber of Commerce and Industry Sofia 1058, 9, Iskar Str. Tel.: Fax: Web: