Electricity Industry Profiles—Bulgaria

Decision on New Nuclear Plants to Shape Bulgaria’s Energy Future

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Bulgaria remains heavily dependent on coal (44.1% in 2015) and nuclear power (32.1% in 2015) for its electricity. Unlike most European countries, Bulgaria remains committed to nuclear, with plans for 2 new reactors backed by Russian investment. Bulgaria has exceeded its renewable energy target of 16%. It hit 18.2% in 2015 and managed 19.4% when only electricity is considered. This is mainly due to hydro power, but also due to a surge in renewable investment pre-2013. Attractive tariffs led to significant growth in the wind and solar markets in 2012. However, this situation has now been completely reversed with tariffs cut, meaning that Bulgaria’s renewable energy performance is unlikely to change significantl

Table of Contents

Electricity Industry Profiles—BulgariaExecutive SummaryExecutive Summary—BulgariaIntroduction—Scope, Coverage, and MethodologyResearch ScopeProfile CoverageForecasting MethodologyBulgariaKey FindingsDriversDrivers ExplainedRestraintsRestraints ExplainedElectricity Market OverviewEnergy Policy Energy Policy Fuel Mix ForecastInstalled Capacity ForecastPower Capacity InvestmentSupport Mechanisms and Major Incentives Competitive Environment—Generation Electricity Distribution Market Electricity Retail Market Transmission NetworkGrowth Opportunities and Companies to ActionGrowth Opportunity 1—Business ModelsGrowth Opportunity 2—Vertical IntegrationStrategic Imperatives for Power and Energy CompaniesLegal DisclaimerThe Frost & Sullivan StoryThe Frost & Sullivan StoryValue Proposition—Future of Your Company & CareerGlobal PerspectiveIndustry Convergence360º Research PerspectiveImplementation ExcellenceOur Blue Ocean Strategy

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