Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria and its place on the solar energy map

The new higher prices of electricity that came into force at the beginning of this month have caused dissatisfaction among businesses. The simplest explanation behind the need for yet another rise is higher carbon prices, which are currently around and above 55 euros per ton.That is how electricity prices for the regulated market rose by an average of 4.4% and prices of heating rose by an average of 16.23%. The new prices and the 20% reduction in the purchase price of electricity from renewable energy sources has made a number of small and medium enterprises involved in building small photovoltaic power plants, united in the Bulgarian Solar Association, appeal against the decision taken by the Energy and Water Regulatory Commission. In an interview with BNR, its chairman, engineer VeselinTodorov, commented that preferential purchase prices of electricity from renewable sources was the only form of state aid that the sector received.


"At the backdrop of the great jump in the price of raw materials worldwide (iron, copper, glass, silicon, which are needed for the production of solar panels), a 20% reduction in the purchase price stops future investors who want to build small plants up to 30 kilowatts."

Reducing carbon emissions, breathing cleaner air, energy independence and predictability of the amount of energy produced and consumed are just some of the benefits of using renewable energy sources. However, this does not mean that these types of energy sources are easily accessible to those who want to use them:

"In Bulgaria, we still have purely administrative barriers that hamper people’s motivation for serious interest in green energy," Todorov says, comparing the requirements for photovoltaics in Germany to those in Bulgaria. "In Germany, each house or other building must have a certain percentage of photovoltaics on the roof to compensate for the electricity losses of the building. In Bulgaria, in order to place a solar panel on your roof, you must obtain permissionand pay excise duty tax for the energy produced.Obstacles are also caused by old laws, which have not been reformed. We need to allow the individual citizen to determine their own energy independence," Mr.Todorov adds.

Compiled by: Yoan Kolev

English: Alexander Markov

Photos: private library



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

EUR 613 million more for the Health Insurance Fund, pensions to be updated by 8%-9% in 2025

In 2025, the National Health Insurance Fund will be able to spend 1.2 billion leva (EUR 613 million) more on insured individuals, the draft budget of its Supervisory Board envisages. The health insurance contribution remains 8% of the insurable..

published on 12/9/24 11:54 AM
Dimitar Radev

Bulgaria to meet the final economic criterion for the eurozone by January

Bulgaria will meet the final criterion of price stability for entry into the eurozone by January. After that, politicians are in charge, Bulgarian National Bank Governor Dimitar Radev has told BNT. "Politicians must try to get the..

published on 12/7/24 3:06 PM
BNB

BNB calls against excessive taxation of bank profits

The Bulgarian banking system is among the most stable ones thanks to the high expertise of the people who work in it. They succeed despite turbulent times. They are successful because they follow the rules and laws. With these words,..

published on 12/7/24 9:55 AM