Bulgarian utility regulator issues new FiT and a decrease in the reference prices for renewables

Bulgaria

On 29 May, the Bulgarian Energy and Water Regulatory Commission (EWRC) published its draft decision on the preferential prices for electricity from Renewable Energy Sources (RES), updated preferential prices for electricity from biomass and the premium price to be paid for RES power plants with total installed capacity of 1 MW and above.

The draft decision proposes the following decreases in the forecasted market or reference prices for the period 1 July 2020 to 30 June 2021:

  • Solar energy: new price BGN 94.96 MWh (previous price, BGN 96.35 MWh);
  • Wind energy: new price BGN 83.45 MWh (previous price, BGN 84.15 MWh);
  • Water energy (power plants with total installed capacity up to 10 MW): new price BGN 90.95 MWh (previous price, BGN 83.36 MWh); and
  • Biomass: new price BGN 90.01 MWh (previous price, BGN 87.87 MWh).

The updated preferential prices for the new period include:

  • Rooftop and façade PV power plants with installed capacity up to 5 kWp: BGN 238.07 MWh;
  • Rooftop and façade PV power plants with installed capacity above 5 kWp to 30 kWp: BGN 198.27 MWh;
  • Biomass (wood) power plants with installed capacity up to 5MW: BGN 295.30 MWh.

The following is a comparison between the new premium price and last year's prices:

Premium 2019-2020

Premium 2020-2021

power plants with PV modules above 200kW and up to 1000kW on rooftops and façade (for PV plants with installed capacity of 1MW) (Decision Ц-18/20.06.2011)

BGN 487.42 MWh

BGN 488.81 MWh

for power plants with PV modules above 200kW (Decision Ц-18/20.06.2011)

BGN 389.25 MWh

BGN 390.64 MWh

PV power plants with installed capacity above 200kW up to 10,000kW (Decision Ц-018/28.06.2012)

BGN 140.70 MWh

BGN 141.30 MWh

PV power plants with installed capacity above 10,000kW (Decision Ц-018/28.06.2012)

BGN 139.91 MWh

BGN 141.30 MWh

PV power plants with installed capacity above 200kW up to 10,000 kW (Decision Ц-28/29.08.2012)

BGN 75.02 MWh

BGN 76.41 MWh

PV power plants with installed capacity above 10,000kW (Decision Ц-28/29.08.2012)

BGN 73.50 MWh

BGN 74.89 MWh

PV power plants with installed capacity above 200kW up to 10,000kW (Decision Ц-19/28.06.2013)

BGN 79.94 MWh

BGN 81.33 MWh

PV power plants with installed capacity above 10 000kW (Decision Ц-19/28.06.2013)

BGN 63.85 MWh

BGN 65.24 MWh

PV power plants with installed capacity above 200kW up to 10,000kW (Decision Ц-13/01.07.2014)

BGN 37.68 MWh

BGN 39.07 MWh

PV power plants with installed capacity above 10,000kW (Decision Ц-13/01.07.2014)

BGN 35.01 MWh

BGN 36.40 MWh

This decision is subject to public discussions, which are scheduled for 8 June 2020 at 11 am at the EWRC. Any written comments and questions can be sent by email to [email protected] until 4pm, 7 June 2020.

For more information on this decision, the public consultation and the Bulgarian energy sector, contact your regular CMS advisor or local CMS experts: Kostadin Sirleshtov, Borislava Piperkova and Elena Yotova-Yordanova.