My Bulgaria: Forums

BG9374 · Super User! Joined: Jun 23, 2011 Posts: 711 Location: UK

Found it http://dker.bg/files/DOWNLOAD/res-c018-12.pdf

Ontario · Senior Member Joined: Dec 27, 2011 Posts: 101

Irisholovo · Posted: Mon Sep 03, 2012 10:57 am Post subject:

Has anyone installed a PV system in Bulgaria? How did you go about it? and how secure do you think the 25 year payments will be.

BG9374 · Super User! Joined: Jun 23, 2011 Posts: 711 Location: UK

Sorry to read, are no more 25 year payments for Pv. Perhaps update yourself on the present situation.

The FIT in Bg was reduced to 20 years, the building of parks is an area known. First should consider is size of investment, total prepared to invest. Should take average 40 weeks gain approval or not.

I'm open to anyone with regulated land wanting to lease that land or co-invest, if meets the criteria enable Pv install. NB. different time scale if the land is already in regulation.

Next door in Romania, 50Mw or 50 million wattage plant cost 100million euro, income per year 20million over 15 years, all figures approx. What you put in you get back times.

In Bg however most of the power lines are booked out to capacity, however small systems 30kwp approx are viable. Roof systems also and if are building a barn consider a south facing roof and add PV.

Require more info then PM, I ship worldwide.

bigbulg · Posted: Tue Sep 04, 2012 4:38 am Post subject:

karenm · Posted: Sun Dec 16, 2012 2:08 pm Post subject: doesn't look that good

Bulgaria approved a new law on renewable energy yesterday (21 April) in a bid to cool a surge in solar and wind power projects that threatens to overwhelm its ageing power grid and boost electricity prices.

The law changes the government's obligatory purchase of electricity produced from renewable energy generators at high, fixed prices, which has led to a jump in projects totalling over 6,000 megawatts - well above the country's grid capacity.

The centre-right government says that Bulgaria needs only 2,000 MW of new green energy generation to meet a target, which it committed to the European Union, of supplying 16% of its energy consumption from renewable energy sources by 2020.

The government aims to put a cap on wind and solar projects to keep electricity prices in the EU's poorest country at affordable levels and avoid public discontent. Power and heating bills eat up much of Bulgarians' incomes.

In a bid to unclog the system, the new law demands that investors pay a connection fee of 50,000 levs (�25) per planned megawatt when signing a preliminary contract.

It also calls for the preferential price to be fixed at the time that the wind or solar energy park is built, and not when a preliminary contract is signed, as the initial law draft envisioned.

It also decreases the obligatory long-term purchase power contracts to 20 from 25 years for solar energy and to 12 from 15 for wind.

Under the new law, the energy regulator will set annual preferential feed-in tariffs, which pay per unit of electricity produced from low-carbon energy by the end of June each year.

The government said the measures would scare away speculators and also encourage investors to speed up projects and not wait for solar panels and wind turbine prices to drop.

Closing doors

Wind and solar energy associations criticised the changes, some of which were made in the last minute in parliament, saying they will effectively block the growth in renewable energy and will put at risk projects that have already been started.

Dozens of Austrian, Spanish, US and German companies have rushed to build new wind and solar energy plants, raising the wind farm capacity to 336 MW last year from 103 MW in 2008 and solar to 10 MW from 1.4 MW two years ago.

"We have lost two years, hoping that this government will support renewable energy development. What we see now is that the new law is closing the door for new projects," said Nikola Gazdov, chairman of the Bulgarian Photovoltaic Association.

A senior official from the ruling GERB party indicated that the preferential price for electricity from photovoltaic installations is likely to be cut by 30% in June, while the cut for wind will be smaller.

Gazdov said investors were not opposed to feed-in tariff cuts as such, but rather the lack of predictability and the fact they would have to build installations before they know the price at which the power will be purchased.

The new law establishes better incentives for green energy from biomass and waste disposal, which unlike solar and wind will create more jobs, officials say.

There are no biomass energy plants in Bulgaria at present.