Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria and its place on the solar energy map

The new higher prices of electricity that came into force at the beginning of this month have caused dissatisfaction among businesses. The simplest explanation behind the need for yet another rise is higher carbon prices, which are currently around and above 55 euros per ton.That is how electricity prices for the regulated market rose by an average of 4.4% and prices of heating rose by an average of 16.23%. The new prices and the 20% reduction in the purchase price of electricity from renewable energy sources has made a number of small and medium enterprises involved in building small photovoltaic power plants, united in the Bulgarian Solar Association, appeal against the decision taken by the Energy and Water Regulatory Commission. In an interview with BNR, its chairman, engineer VeselinTodorov, commented that preferential purchase prices of electricity from renewable sources was the only form of state aid that the sector received.


"At the backdrop of the great jump in the price of raw materials worldwide (iron, copper, glass, silicon, which are needed for the production of solar panels), a 20% reduction in the purchase price stops future investors who want to build small plants up to 30 kilowatts."

Reducing carbon emissions, breathing cleaner air, energy independence and predictability of the amount of energy produced and consumed are just some of the benefits of using renewable energy sources. However, this does not mean that these types of energy sources are easily accessible to those who want to use them:

"In Bulgaria, we still have purely administrative barriers that hamper people’s motivation for serious interest in green energy," Todorov says, comparing the requirements for photovoltaics in Germany to those in Bulgaria. "In Germany, each house or other building must have a certain percentage of photovoltaics on the roof to compensate for the electricity losses of the building. In Bulgaria, in order to place a solar panel on your roof, you must obtain permissionand pay excise duty tax for the energy produced.Obstacles are also caused by old laws, which have not been reformed. We need to allow the individual citizen to determine their own energy independence," Mr.Todorov adds.

Compiled by: Yoan Kolev

English: Alexander Markov

Photos: private library



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

After data update, Bulgaria's GDP for 2023 has increased

In 2023, Bulgaria's GDP growth was 1.9% higher in real terms compared to 2022. This is 0.1 percent more than the initially announced growth of 1.8%, the National Statistical Institute has reported.  The chairman of the institute,..

published on 10/18/24 1:30 PM

Bulgaria and North Macedonia reaffirm their commitment to continue the construction of Railway Corridor No. 8

In Brussels, Bulgaria and North Macedonia reaffirmed their commitment to continue the construction of Railway Corridor No. 8 under the TEN-T Regulation, reported the European Commission’s Directorate General for Neighborhood Policy and Enlargement..

published on 10/17/24 8:40 AM
Caretaker Minister of Innovation and Growth Rosen Karadimov

A Taiwanese technology giant wants to build a factory near Plovdiv

A Taiwanese technology giant is negotiating to build a large production facility on the territory of the Trakia Economic Zone near Plovdiv, announced caretaker Minister of Innovation and Growth Rosen Karadimov. He was briefed with the progress of the..

published on 10/16/24 6:14 PM