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Development of regulatory strategies for balanced growth of the utilization of the potential for generation of electricity from RES in Bulgaria
Title: Development of regulatory strategies for balanced growth of the utilization of the potential for generation of electricity from RES in Bulgaria
Funding: GEF/SGP, RAF, UNOPS
Timeframe: 2009 - 2010
Description:

The electricity generated from renewable energy sources will play an important role in reaching Bulgaria's target of 16% RES share in the final energy consumption by 2020. The Bulgarian regulatory policy supports this process, but nevertheless there are substantial legislative, regulatory, economic and technical difficulties, creating tension among the investors, the grid, and the consumers and this delays the development of RES-e.

The goal of the project is to accelerate and make more sustainable RES-e utilization in Bulgaria, through identification of an appropriate regulatory policy. The particular objectives are to develop scenarios for RES-e penetration and to elaborate regulatory strategies for sustainable RES-e development.

The scope of activities include collection of information about RES-e technical potential, selection of scenarios, scenario modelling with minimal cost, results assessment and development of recommendations, dissemination of results.

 The project target groups are the institutions that define and implement the energy and environmental policies in Bulgaria, investors, electrical companies and consumers.

Contractors: Black Sea Energy Research Centre, BSREC, ARES