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.
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…
Stay ahead in renewable energy and carbon markets.Â
Sign up to receive expert analysis, market insights, and key policy updates—straight to your inbox, for free.
Specialising in data, analysis, and insights for all significant low-carbon markets and renewable energy.
