site.btaBulgarian MEPs Call for Competitive Prices, Grid Investment in Electrification Debate

Bulgarian MEPs Radan Kanev (EPP/DSB) and Tsvetelina Penkova (S&D/BSP) called for competitive electricity prices and investment in Europe’s power grids during a European Parliament debate on the European Commission’s Electrification Action Plan on Wednesday.

The debate concerned the Commission’s plan to accelerate the shift from fossil fuels to electricity in industry, buildings and transport.

Kanev warned against turning energy policy into an ideological issue and called for practical solutions. He said successful electrification depends on a high-quality energy mix combining renewable energy with baseload generation, often including strong nuclear power, and low electricity prices.

He said the EU should prioritize competitiveness instead of adding more regulation.

Penkova said modernizing electricity grids is essential for the EU’s electrification goals. Europe cannot electrify its future with grids built for the past, she said.

She said Southeastern Europe has significant potential for clean energy production, industrial development and cross-border trade, but outdated infrastructure and tariff systems continue to hold back progress.

Penkova called for investment in power grids, energy storage and consumer protection measures. Electrification should help deliver affordable energy and strengthen European industry, she said.