Bulgaria set for Massive Growth in Wind
Nov 10, 2009 - SOFIA, Bulgaria, - PR Newswire Europe
Bulgaria is set to dramatically expand its wind power
output in the next 10 years, delegates at a workshop on integrating wind power
in Bulgaria heard today. From the current 330 MW installed to over 3,000 MW by
2020, wind energy will meet 13.5% of Bulgaria's electricity demand.
The workshop, organised by the European Wind Energy Association (EWEA) in cooperation
with the Bulgarian Association of Producers of Ecological Energy (APEE), pooled
industry, government representatives, and national electricity company together
to discuss the potential for wind power development in the country.
installed capacity increasing more than fivefold in less than two years, Bulgaria
is one of the fastest growing markets for wind energy in the world. Moreover,
it has another 8,000 MW of wind projects in the pipeline. If current planning
and grid access barriers are streamlined, Bulgaria will soon be one of Europe's
wind energy front-runners, reaping the economic benefits in the form of new jobs,
reduced fuel import dependency and technology development," said Christian Kjaer,
EWEA's Chief Executive.
The EU directive establishing mandatory
targets for renewable energy for all EU Member States requires Bulgaria to increase
the amount of renewables in its energy mix to 16% by 2020, up from the current
level of 9.4%. Bulgaria must submit its national action plan - outlining the measures
it will take to boost renewable energy - by June 2010.
Todorova, Director for Energy Efficiency and Environmental Protection at the Bulgarian
Ministry of Energy, said that the administration is well on track to submit the
first forecast document to the European Commission, due by 5th December this year.
"We are working on a new renewable energy law. Once in place, it will attract
even more investment to the sector in Bulgaria", she said.
is well placed to exceed its target which would allow it to create revenues by
selling excess Bulgarian renewable energy production to Member States struggling
to meet their targets. This could create revenues of 15-20 billion Leva by 2020
(EUR7.5-10bn)," said Velizar Kiriakov, APEE's President
and developers have already shown strong interest - demonstrated by the fact that
wind energy capacity will have doubled by the end of 2009 compared to the previous
year", added Kiriakov. "Wind energy offers highly workable solutions to the current
triple-layered crisis - climate, financial and energy. Bulgaria must not miss
the chance to create a new industry which will bring investments and create thousands
of new jobs, curb CO2 emissions, and ease the dependency of the country from neighbouring
fuel exporting nations" he concluded.
In 2008, 36% of all
new electricity generating capacity built in the EU was wind power, ahead of coal,
gas and nuclear. On average, 20 wind turbines were installed for every working
day of 2008. By the end of 2008, a total of 160,000 workers were employed directly
and indirectly in the sector, which saw investments of about EUR11 billion in