Bulgaria's renewable energy share rose to 17.7% of gross final energy consumption in 2012, up from 13.8% in 2011; country has exceeded both its green energy interim target of 10.72% in 2011-2012 and its 2020 target of 16%, finds report

Allison Oesterle

January 9, 2014 (IntelliNews - Weekly Reports) – Energy from renewable sources contributed 17.7% of the gross final energy consumption in Bulgaria in 2012, Capital daily wrote, citing data from a report by the French renewable energy observatory Observ'ER. This means the country has exceeded its 10.72% interim target for 2011-2012 as well as the 2020 target of 16%.

According to Eurostat data, Bulgaria's share of renewable energy in gross consumption stood at 13.8% in 2011.

In 2008, EU leaders agreed to combat climate change by ordering a fifth of Europe's energy mix to come from renewable sources within 12 years.

Observ'ER is yet to release a sectoral breakdown of the shares of green energy (solar, wind, hydro, biofuel, biomass, etc.), Capital said.

The daily explains the early fulfillment of Bulgaria's national renewable energy action plan with the fact that the gross domestic consumption of energy decreased by 800,000 tonnes of oil equivalent (equal to GWh 9.3) in 2012, which combined with the obligatory purchase of green energy automatically raises the share of the latter in the overall mix.

In addition, the production of green energy itself grew in absolute terms by 258 tonnes of oil equivalent, which further pushed up its share.
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