Expert: 'Tacit Moratorium' Hurts Bulgaria's Renewable Energy

Business » ENERGY | March 5, 2010, Friday // 21:53
Bulgaria: Expert: 'Tacit Moratorium' Hurts Bulgaria's Renewable Energy

Bulgaria’s renewable energy sector suffers from a ‘tacit moratorium’ imposed by the Environment Ministry.

The Chair of the Association of Producers of Ecological Energy, Velizar Kiryakov, shared this view in an interview for (Sofia News Agency).

Kiryakov has pointed out that while the Environment Ministry has given up on the idea it floated in December-January to impose a moratorium on new renewable energy projects in order to clear out the mess in the protected areas, it has opted for what he describes as a “tacit moratorium” - not giving any replies to investors’ inquiries about possible new projects.

Kiryakov believes that this situation sends a bad signals to those wishing to invest in renewable energy in Bulgaria. He thinks thank Bulgaria needs a long-term energy strategy and better law enforcement in order to take full advantage of its renewable energy potential.

Full Text of Kiryakov's Interview for is available HERE

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Tags: renewable energy, Environment Ministry, Foreign investors, solar panel, wind power, photovoltaic, biomass, rapeseed, biodiesel, energy, electricity, NEK, power lines, Velizar Kiryakov, APEE, Association of Producers of Ecological Energy

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