The population of Bulgaria was 7.13 million and the current gross domestic product (GDP) was $52.40 billion as of 2016. Bulgaria wind power market value, which was USD XXX billion in 2016, is expected to grow to USD XXX billion in 2017, at a CAGR of XXX percent. The territory of Bulgaria can be divided into four zones according to their wind potential. However, only two of them are of interest with regard to electricity generation: 5-7 m/s and > 7 m/s. The area where the annual average wind speed is in the region of 6 m/s or above is about 1,430 km2.
The public provider National Electricity Company EAD (“NEK”) and the end suppliers (Energo-Pro Sales AD, CEZ Elektro AD and EVN Bulgaria Electricity distribution EAD, “ES”) are obliged to purchase the RES-Electricity generat¬ed by RES-Electricity plants (except from hydro power plants with installed capacity above 10 MW), up to the amount of “net specific generation of electricity” set out for the specific type of power plant.
The country’s main strategy to meet the growing need of power is to reduce the energy dependency by increasing the energy efficiency, increased use of renewable resources, nuclear sources, and connecting to the European power infrastructure.
- Snapshot of the country’s renewable and wind power sector across parameters - country overview, current power and wind power market status, electricity market structure, key issues, future plans and strategies to meet increasing power demand, and way forward.
- Statistics for cumulative and annual installed wind power generation capacity of from 2012 to 2017.
- Statistics for cumulative and annual revenue of wind power plants from 2012 to 2017.
- Break-up by power generation technology, including thermal, hydro, renewable (incl. wind) and nuclear
- Data on key issues witnessed in the Bulgarian wind power sector.
- Information on future plans and strategies to meet increasing power demand.
- Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the country’s wind power sector
- Facilitate decision-making based on strong historic and forecast data
- Develop strategies based on the latest regulatory events
- Position yourself to gain the maximum advantage of the industry’s growth potential
- Identify key partners and business development opportunities
1.1 Research Methodology
2 EXECUTIVE SUMMARY
3 BULGARIA WIND POWER MARKET IN 2017
3.1 Country Overview
3.2 Current Status of Wind Power Market in Bulgaria
3.3 Key Issues
3.4 Investment Trends and Development Roadmap to Meat Increasing Power Demand
3.5 Cumulative (CAGR) Installed Wind Power Capacity and Revenue
3.6 Annual Installed Wind Power Capacity and Revenue
3.7 Support Schemes
4 CONCLUSIONS AND RECOMMENDATIONS
5 LIST OF ABBREVIATIONS
Chart 1: Wind Resource Map of Bulgaria
Chart 2: Share of Wind Power from Total Installed Power Generation Capacity in Bulgaria in 2016
Chart 3: Bulgaria Total Annual Electricity Consumption (in TWh) 2000 ÷ 2016
Chart 4: Bulgaria Power Generation Capacity Breakdown by Source (Fuel) Type in 2016 (incl. Renewables)
Chart 5: Structure of Electricity Power Market in Bulgaria
Chart 6: Cumulative (CAGR) Installed Capacity of Wind Power Plants in Bulgaria (in MW) 2012 ÷ 2017, including forecast
Chart 7: Cumulative (CAGR) Revenue of Wind Power Plants in Bulgaria (in Millions USD) 2012 ÷ 2017, including forecast
Chart 8: Annual Installed Capacity of Wind Power Plants in Bulgaria (in MW) 2012 ÷ 2017, including forecast
Chart 9: Annual Revenue of Wind Power Plants in Bulgaria (in Millions USD) 2012 ÷ 2017, including forecast