Does Bulgaria have a good energy sector?

Bulgaria’s energy sector is at a critical juncture, with two main objectives shaping its direction: decarbonization and reducing reliance on Russian energy. Over the past year, Bulgaria has made considerable progress in expanding its renewable energy capacity, particularly in solar power.

Why is Bulgaria promoting self-sustaining energy solutions?

Bulgaria is also pushing for small- and medium-sized businesses to adopt more self-sustaining energy solutions, including solar energy and battery storage, to reduce dependency on the grid during peak consumption times. Source: IRENA

Is Bulgaria getting more solar power?

Over the past year, Bulgaria has made considerable progress in expanding its renewable energy capacity, particularly in solar power. Solar energy production has surged from one gigawatt (GWh) in 2019 to more than three GWh today, with solar accounting for nearly half of the country’s electric capacity from renewables.

Are energy communities a viable solution to the energy crisis in Bulgaria?

In light of the expected liberalization of the electricity market in Bulgaria by 2025, energy communities offer an effective way for communities (especially socially and economically vulnerable ones) to meet their energy needs in a sustainable and affordable manner.

Who can benefit from the development of energy communities in Bulgaria?

Households, small businesses, farmers, municipalities could all potentially benefit from the development of energy communities in Bulgaria, but the interviews conducted as part of this analysis indicate that it will take time, sustained support, and a clear policy framework to drive change.

Are energy communities legal in Bulgaria?

There is currently a lack of a clear legal definition and specific legal provisions regarding energy communities both at national and municipal levels in Bulgaria. This lack of regulation and systematic approach discourages potential investors to take the risk to develop an energy community.