Energy Efficiency

Bulgaria to use EUR 1.5 billion from EU recovery fund for energy efficiency

Bulgaria EUR 1 5 billion EU recovery energy efficiency

Photo: MichaelGaida from Pixabay

Published

November 27, 2020

Country

Comments

0

Share

Published:

November 27, 2020

Country:

Comments:

0

Share

In the draft Recovery and Resilience Plan of Bulgaria, EUR 882.2 million is indicated for incentives for energy refurbishment of residential buildings. The entire energy efficiency segment will be worth EUR 1.53 billion, according to Minister Petya Avramova.

The government’s current support scheme for the reconstruction of multifamily homes has been suspended, but Bulgaria intends to use funds from the European Union’s Recovery and Resilience Facility to continue and expand the scope of incentives for energy efficiency. Minister of Regional Development and Public Works Petya Avramova told private news outlet bTV that EUR 1.53 billion would be earmarked for the purpose.

EU member countries must adopt national recovery and resilience plans for the period through 2026 to become eligible for financing. Bulgaria published its draft late last month.

Majority of funds intended for residential sector

Avramova noted single-family homes, industrial, public and municipal buildings and street lighting have been included. The majority share, EUR 882.2 million, is for residential buildings, to be upgraded to energy class B or A.

The guidelines for application are being prepared and the program will be expanded to renewable energy systems, the minister added. The old scheme was only for the insulation of roofs and external walls and window replacement.

The government wants to allocate EUR 2.24 billion from the planned EUR 6.15 billion to the Green Bulgaria pillar, which includes energy efficiency

The Recovery and Resilience Facility, part of the European Green Deal, is worth EUR 672.5 billion. It is intended for addressing the economic and social consequences of the COVID-19 pandemic and making public systems and the economy more shock-resistant.

The Green Bulgaria pillar, one of four in the EUR 6.15 billion draft, is estimated at EUR 2.24 billion. The energy efficiency program is actually predicted to be worth EUR 1.47 million, according to the document published by the government of Bulgaria. It was listed within the segment of Green Bulgaria for circular economy and low-carbon development, of EUR 1.73 billion.

EU scheme complements national incentives program

Priority in the residential segment will be given to sites and buildings that got approval under the national program for energy efficiency in multifamily homes and the domestic operational program Regions in Growth 2014-2020, the draft reads. Funds in the scheme have been depleted.

Administrative structures will account for 70% of the EUR 213.1 million that was earmarked for energy renovation of governmental and municipal buildings. The remainder will be split between sports and infrastructure.

The third component, EUR 144.1 million, is indicated for industrial buildings, leaving EUR 230.9 million for outdoor lighting, the draft reveals.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment

Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Renewables get increasing role in district heating in Serbia

Renewables get increasing role in district heating in Serbia

12 April 2021 - The Government of Serbia plans to utilize the potential of renewables in district heating with help from EBRD, especially with solar thermal systems

Serbian government adopts four energy mining bills

Serbian government adopts four bills on energy, mining

29 March 2021 - The government adopted the bills on renewable energy sources, energy, energy efficiency and mining, and sent them to parliament for adoption.

Slovenia energy renovation strategy by 2050

Slovenia plans refurbishment for 74% of single-family homes, 91% of multiapartment buildings by 2050

19 March 2021 - The Government of Slovenia has adopted a long-term strategy for energy renovation of buildings until 2050.

Subotica install rooftop solar public buildings

Subotica to install rooftop solar units on nine public buildings

17 March 2021 - Subotica and Satnica Đakovačka are using funds from the Interreg IPA program to improve energy efficiency and set up rooftop solar power systems