For allocation of allowances for greenhouse gas emissions trading for participation of bulgaria in the european greenhouse gas emission

Energy sector
Energy Efficiency
Given the still rather high energy intensity of the economy, households included, energy efficiency (EE) has become a national and regional priority, and a priority for industrial branches. The Energy Efficiency Act, together with five EE Regulations¹, build up the legal framework for introducing the energy efficiency into industry, transport, services, households, and agriculture significant energy consumers.

Pursuant to Directive 2006/32/EC on energy efficiency of end energy consumption and energy services of the European Parliament and the Council of the European Union, Bulgaria has adopted the First National Plan of Action on Energy Efficiency /FNPAEE/ with which Bulgaria shall bear the indicative target for energy savings equivalent to 9% of end energy consumption in the scope of the Law on Energy Efficiency, for a period of 9 /nine/ years for the period 2008-2010. FNPAEE defines also an intermediate indicative target for that period, namely fuel and energy savings of 3% of the average value of end energy consumption in the scope of the Directive for the period 2008-2010 year. The implemented energy efficiency measures cover all sectors and end-users with the exception of those which fall within the scope of the Directive on Emissions Trading. The expected result of the implementation of the First Plan of Action on Energy Efficiency, which covers three year period, is the realization of fuel and energy savings of 627 000 tons from the sectors outside the Emissions Trading Scheme.

The Energy Efficiency Fund is responsible for the funding of EE projects. There are also other credit lines and financing instruments for EE and/or EE in combination with renewable energy sources. It is possible that the financing of projects on energy efficiency and renewable energy sources by means of the Operational Programmes: "Developing the competitiveness of the Bulgarian economy", "Regional development and Programme for rural development”, and non-technical energy programmes of EC, namely "Intelligent energy for Europe" and "Seventh Framework Programme for Research and Innovation”, which are intended for the exchange of best practice and know-how in these areas. In addition, there is the possibility of funding, coming from the emissions trading, for developing projects on energy efficiency.