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  • Strategy for Sustainable Energy Development of the Republic of Bulgaria until 2030, with a horizon to 2050

Strategy for Sustainable Energy Development of the Republic of Bulgaria until 2030, with a horizon to 2050

Geography
Year
2020
Document Type
Policy

Summary

This Strategy has been drawn up pursuant to Article 4(2)(1) of the Energy Act and reflects the state’s vision for the development of the energy sector up to 2030, with a horizon to 2050, in line with the current European energy policy framework and global trends in the development of new energy technologies. The key priorities are:


1. Ensuring energy security and sustainable energy development;


2. Developing an integrated and competitive energy market and protecting consumers by ensuring transparent, competitive and non-discriminatory conditions for the use of energy services;


3. Improving energy efficiency across the entire energy chain, from production to end use;


4. Sustainable energy development for clean energy and decarbonisation of the economy; and


5. Implementation of innovative technologies for sustainable energy development.


The target is to achieve a 27.09% share of energy from renewable sources in gross final energy consumption by 2030, which will be derived from solar and geothermal energy and biomass including waste and residues of biological origin from agriculture, forestry, industry and households. Currently, Bulgaria's electricity generation mix is dominated by coal-fired thermal power stations, followed by the Kozloduy Nuclear Power Plant. Bulgaria will continue its policy of increasing renewable energy use in the following sectors: electricity, heating, cooling and transport.

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Group
Topics
Target
Policy instrument
Risk
Impacted group
Just transition
Renewable energy
Fossil fuel
Greenhouse gas
Economic sector
Adaptation/resilience
Finance

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The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.