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Legal Developments worldwide

Energy Regulations in Bulgaria and Turkey; a Comparative Study

November 2010 - Projects, Energy & Natural Resources. Legal Developments by ADMD Law Office .

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After Bulgaria became a member of the European Union at 2007, EU acquis became part of Bulgarian domestic law and although Turkey is not a member to EU, accession process as a candidate country covers legal compatibility therefore making both these jurisdictions closer to each other, however, still not fully compatible.

Since the private energy trading barriers between the market players on both sides of the border is a recent development the main aim of this brief article is to give a bird view on energy law in both legal systems and make a comparative study. The comparison that will be attempted herein will be based on general information on regulations and licensing. Although there are differences between energy type classifications as well this article will focus on the most global definitions of such classifications.

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