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Bulgarian Renewable Energy Market Snapshot
This is my site Written by admin on January 14, 2010 – 10:46 am

image Wind – Bulgaria is set to dramatically expand its wind power output in the next 10 years reaching over 3,000 MW by 2020 from current 330MW installed. This will meet 13.5% of Bulgaria`s electricity demand and will significantly contribute to the EU target of achieving 16% of produced electricity from RES sources. Projects for development of wind farms are well-accepted and a key objective of the Bulgarian Government. For more information about developing a project in Bulgaria, required permits, documents etc. please contact us.

image Solar (Photovoltaic) – the solar resource in Bulgaria is efficient, however there are some differences amongst the regions in the country. Nevertheless, the analysis of the insensitive of solar energy is set to be of great potential for projects in this sector. The country is divided in three zones depending on the solar density and the average annual energy density is 2150h or about 49% of the maximum. Currently there are several completed projects and many are in different stage of completion. For more information about our services in regards to choosing the best location, buying land, obtaining permits etc, please contact us.

image Hydro – the hydro sector is well-developed and there are many big scale and small projects already completed. However investors may be interested to invest in these projects and in order to have a diversification in their investment portfolio. Current projects are available for small scale hydro where we can provide contacts and advice. For more information, please contact us.

image Geothermal – geothermal energy is not developed as companies find it more difficult to invest in such projects. Nevertheless, there are some 700 springs and areas of huge potential in the country. As one of the most efficient resources the geothermal energy is one of the best opportunities for heating and hot water supply for many places including tourist destinations. For more information about the opportunities in this exciting sub-sector, please contact us.

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Source: MEE

image Biomass – Biomass is the term for all plant and animal material. Many kinds of material can be combusted or digested to make energy. The potential in Bulgaria is huge as the country is an agricultural leader in the region and the arable land in Bulgaria is some 39% of its territory.

Biomass includes:
· fast-growing trees and grasses
· agricultural residues, like corn stover, rice straw, wheat straw, or used vegetable oils.
· wood waste, such as sawdust and tree prunings, paper trash and yard clippings
· municipal solid waste and sewage sludge
· biomass based fuels include: biogas from sewage sludge and animal manure, landfill gas (released by landfilled solid municipal waste) and ethanol and biodiesel, based on processing of various agricultural crops

The biomass potential in the country is sett to be some 96.7 PJ, including:

- forest biomass – 46.6 PJ (48 %);

- agricultural biomass (incl. raps oil) – 46.9 PJ (49 %);

-waste biomass from industry – 3.2 PJ (3 %).

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Related posts:

  1. The Full Response of the Bulgarian Wind energy Association to the Agricultural Ban
  2. Producing Electricity from Renewable Energy Sources in Bulgaria
  3. International Congress on Energy Efficiency /EE/ & Renewable Energy Sources /RES/ for South-East Europe – 14 – 16 April, 2010
  4. Recent Developments in the Bulgarian RES Market – October 2010
  5. The Bulgarian Ministry of Economy and Energy Presented the New Law for Renewable Energy
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One Response »

  1. Renewable Energy got into more focuse in this decade because everyone does not want to depend on Oil.*:-

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Disclaimer: RES Bulgaria has made all efforts and to the best of our knowledge the information provided through our website is accurate. We use only data provided from the official statistics and from the relevant Government organisations. RES Bulgaria accepts no liability for any errors or misleading statements and accepts no responsibility as to the standing of any company or individual mentioned.