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5. October, 2023

RES law changes open door to AIB membership for Bulgaria

EACs
Irina Peltegova

Bulgaria has come a step closer to becoming a full member of the Association of Issuing Bodies (AIB) after the government voted important changes to the country’s Renewable Energy Act on 29 September.

This is a positive step for the local Guarantees of Origin (GO) market which so far has been restricted to transactions done bilaterally over the phone or via auctions organised by state-owned hydropower producer NEK.

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Background The Bulgarian Sustainable Energy Development Agency (SEDA) had applied for an AIB membership in July 2020, only to withdraw it after a few months due to an unstable political situation. SEDA reapplied for membership in September 2021 and has be…

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Carbon
EU ETS1, EU ETS2, North American Carbon, GCC
Carbon
EU ETS1, EU ETS2, North American Carbon, GCC
Fuels
Biomethane, Transport fuels
Fuels
Biomethane, Transport fuels
Power Purchase
Agreements (PPAs)
Asset valuation, Deal flow, Market prices
Power Purchase
Agreements (PPAs)
Asset valuation, Deal flow, Market prices
Energy Attribute Certificates (EAC)
GOs, REGOs, Global Certificates
Energy Attribute Certificates (EAC)
GOs, REGOs, Global Certificates

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