Bulgaria still lacks clearly defined long-term goals and a transparent framework for decision-making regarding the country’s energy and climate security policy. This increases the country’s economic vulnerability and undermines the feasibility of its transition towards carbon neutrality by 2050. The ongoing energy crisis exacerbated by the Kremlin’s war in Ukraine further raises the need for an updated energy and climate security strategy that would improve the country’s energy independence and diminish the role of fossil fuels for the local economy.
This analysis summarizes the policy implications for Bulgaria from the insights from two studies based on independent modelling showing the impact from the coal phase out and the lignite power replacement with renewable energy sources by 2030. The assessment also discusses the scenarios for the feasibility of the uptake of renewable energy, hydrogen and power storage technologies by 2050.