Energy Act and the National Energy Strategy until 2020
The Act also mandates regular production of the National Energy Strategy. The most recent one, Energy Strategy of the Republic of Bulgaria until 2020 was published in 2011. The Energy strategy is worked out by the Ministry of Economy, Energy and Tourism and approved by the Council of Ministers.
The present National Energy Strategy till 2020 reflects the up-to-date European energy policy framework and the global trends in the development of energy technologies. The main priorities in the Energy Strategy are:
1) to guarantee the security of energy supply
2) to attain the targets for renewable energy
3) to increase the energy efficiency
4) to develop a competitive energy market and policy for the purpose of meeting the energy needs
5) to protect the interests of the consumers'
These priorities also determine the Government's vision for the development of the energy which is :
1)maintaining a safe, stable and reliable energy system
2) keeping the energy sector a leading branch of the economy with definite orientation to foreign trade
3) focus on clean and low-emission energy - from nuclear and renewable sources
4) balance between quantity, quality and prices of the electric power produced from renewable sources, nuclear energy, coal and natural gas
5) transparent, efficient and highly professional management of the energy companies
The strategy also lays down the main national targets for the energy sector: 16% share of energy from renewables in gross final energy consumption by 2020; 10% share of energy from renewables in the gross final energy consumption in transport by 2020; and energy efficiency increase by 25% by 2020.
35% reduction in GHG (from Biofuel/biomass use) in the short term, then by 50% in 2017, and by 60% in 2018 compared with a business as usual scenario
16% final energy consumption from renewables by 2020
50% reduction energy intensity of GDP (456 tonnes/year) by 2020 against a 2005 baseline
10% reduction in emissions from non-ETS plants, 21% reduction from ETS plants by 2020 compared with 2005
30% households gasified by 2020