Renewable and Alternative energy sources and Biofuels Act

Country	Bulgaria
Year Implemented	2007 (amended 2009)
Policy Status	In force
Date Announced	May 2007
Agency	•Ministry of Economy and Energy
Policy Type	•Incentives/Subsidies   •Feed-in Tariffs •Regulatory Instruments   •Quota Systems   •Standards
Policy Target	•Bioenergy   •Biomass for Power •Hydropower •Wind   •Onshore
Policy Sector	•Electricity
Description	In May 2007, Bulgaria implemented the Renewable and Alternative energy sources and Biofuels Act (EEBG) to promote the development of renewable enrgies and regulate the grid access of environmentally sound energy technologies. The programme announced plans for a feed-in renewables support law, according to which the national power grid operator and regional power distribution companies would be obliged to connect into their networks new hydro, wind, or biomass-fired power stations. In 2009, the EEBG was amended and a feed-in tariff system for wind, solar, geothermal, hydroelectricity, biomass and biogas were implemented as part of Article 16 paragraph 2. Tariff levels are to be adjusted annually by the State Energy and Water Commission, It amounts to 80% of the average selling price of the previous year plus a technology-specific premium determined by the regulatory authority. The length of the tariff allocation depends on hte initial Power Purchase Agreement between the system adn the grid operators. Tariffs under this law apply to capacity in operation before May 4th 2011.
URL	www.mi.government.bg/