Lack of planning, grid bottlenecks and delays in the adoption of various energy-related laws are threatening Bulgaria’s renewables expansion. Furthermore, the country may miss the deadline for submitting its revised National Energy and Climate Plan (NECP) by the end of June amid recent political upheaval.
If the issues remain unresolved, the country may become an electricity importer, while local industrial consumers may revert to importing guarantees of origin (GOs) as part of their decarbonisation efforts.
Background Bulgaria has been plagued by political instability with five parliamentary elections held since 2021 putting on hold important decisions related to the country’s path to carbon neutrality.The latest coalition government came into power on 6 Jun…
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