Saturday, September 30, 2023

    Bulgaria Aims to Add 2.6 GW of Renewable Capacity by End-2030

    Bulgaria is targeting a further 2,645 MW of installed electricity generation capacity from renewable sources, mostly photovoltaic plants, by the end of 2030, in line with the EU’s goals for green energy transition, a draft national strategy published on the parliament’s website shows.

    This additional capacity includes 2,174 MW of solar plants, 249 MW of wind parks and 222 MW of biomass powered plants, according to a draft strategy for sustainable energy development until 2030 drafted by the energy ministry and published on the parliament’s website earlier this month.

    According to the plan, by 2030 the share of energy from renewable sources in Bulgaria’s gross final consumption should reach 27.1% in line with the EU’s target of 32%.

    In ten years time, the share of renewable energy sources in the country is expected to reach 30.3% in power generation, 42.6% in the heating and cooling sector and 14.2% in transport.

    Bulgaria, however, has no intentions to shut down its coal-fired power plants due to the importance of locally-sourced coal for the country’s energy sector, the strategy reads.