News

Audit reveals lag behind national biofuel targets

Published

June 25, 2015

Comments

0

Share

Published:

June 25, 2015

Comments:

0

Share

National Audit Office has cautioned in a report that the country is failing to meet biofuel production and use targets, Sofia news agency Novinite said.

According to an audit of the implementation of the European Union targets from 2008 to 2012, Bulgaria is delaying the adoption of obligatory sustainability criteria for biofuels. Also, consumption of biofuels is low, and the growth rate of the biofuel share has decelerated. According to the report, the government needs to take urgent steps to introduce an appropriate mechanism to observe the sustainability criteria for biofuels, which will be effective if the compliant market participants are awarded a price premium as an incentive.

In order to comply with EU rules, Bulgaria has set mandatory targets of 10% share of renewables and biofuels in transport and 6% share of the total greenhouse gas savings, taking into account only biofuels and liquid fuels for transport that match established sustainability criteria, the article at Novinite.com said.

Related Articles

Eurelectric-Europe-attract-unprecedented-investments-grid-expansion

Eurelectric: Europe must attract unprecedented investments in grid expansion

22 September 2023 - After a period of historic hardship, the electricity sector in Europe showed several positive trends, according to Eurelectric.

Environmentalists-hydropower-project-Skavica-Albania-Constitutional-Court

Environmentalists take hydropower project Skavica in Albania to Constitutional Court

22 September 2023 - Activists said said their complaint against the Skavica hydropower project would be heard at the Constitutional Court of Albania

Kolasin Call-for-land-lease-for-wind-park-project-issued-in-Montenegro

Call for land lease for wind park project issued in Montenegro

21 September 2023 - Energy 2 will likely bid for a lease of land in Kolašin in Montenegro for its Sinjajevina wind park project, as the government issued a call

First-hydrogen-valley-to-be-established-in-Cyprus

First hydrogen valley to be established in Cyprus

21 September 2023 - A group of companies including ones from Greece and Romania want to establish the first hydrogen valley in Cyprus