Bulgaria Govt Expects Overfulfuilment of Energy Efficiency Target by 2016

Business » ENERGY | June 12, 2013, Wednesday // 16:51

Bulgaria may overfulfil its energy efficiency targets by 2016, according a report on the implementation of the Second National Energy Efficiency Action Plan in 2012.

The report was adopted during Wednesday's sitting of the Council of Ministers, according to reports of the government's press office, as cited by the Bulgarian Telegraph Agency (BTA).

Under the plan, by 2016 Bulgaria is to register fuel and energy savings amounting to 9% of the average final energy consumption for the period 2001 – 2005, or 7291 Gwh.

According to the government statistics, building owners achieved fuel and energy savings of nearly 630 GWh a year for the period 2008 – 2011, meaning that the 2016 target for this type of consumers may be surpassed.

Natural gas traders reported savings of 193,4 GWh a year as a result of the measures applied after 2008, compared to a 2016 target of 407 GWh a year.

The indicative goal for energy savings stipulated in the report amounts to 5% of the final energy consumption for the period 2008-2012, or 4051 GWh a year.

By end-2012, Bulgaria achieved savings of 6.4% of the total energy consumption for the said period, or 5195 Gwh a year.

The Second National Energy Efficiency Action Plan spans the period 2011-2013 period and sets the second interim indicative goal for this period of time at 4860 Gwh a year, or 6% of the average final energy consumption for the period 2001 – 2005.

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Tags: Energy efficiency, energy saving, Second National Energy Efficiency Action Plan, Bulgarian government

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