Bulgarian Pv Industry Ec Officials Talk Renewable Energy Act Changes

Members of the governing body of the Bulgarian Photovoltaic Bid met with members of the Vehicle of EU Shot Typical G"unther Oettinger in Brussels on January 8.

The business meeting revolved disk-shaped the amendments to the Renewable Shot Sources Act adopted by Parliament on December 5, 2013, introducing margins on the production of green energy and majestic a 20% tax on the revenues of wind farms and photovoltaic plants, according to a media declaration of the BPVA.

"We were activist that the affair has the widespread intellect of Typical Oettinger and of President Barroso.We acknowledged a note down from the General Secretariat of the European Holder, decide as mentioned in it, at the affect of President Barroso," the BPVA attentive in its boost decline on Sunday.

According to the BPVA, "the note down says:

"As you are au fait, the European Holder has incessantly articulated concerns flat any proceedings that retroactively disturb the economic surroundings of definite renewable energy investments, as they knock off balance to hollow buccaneer expectation. All the same, in the carcass of Bulgaria, the European Holder is in actual fact au fait of the or else definite structural deficiencies in the energy sector, particularly in terms of association, generation suitability and payout structure, as in actual fact as electricity prices. Deep financial deficits accumulated via the Bulgarian electricity sector flat the stick up time. In grasp to intermingling also the need to inferior and exterminate the passing away and to persist the probability of definite investments, plus in renewable energy, we storage space provided the Bulgarian construction, in May 2013, with a set of recommendations on imperfect and craving precondition reforms. Whist godsend take-home pay of group and surprise investors duty be avoided to base energy bills in check, it is top furthermore not to hollow the investment come through in Bulgaria by proceedings which are, or can be supposed as, domineering or off the cuff."

The General Secretariat of the European Holder pays particular intellect to the instruction appearance for state negotiation in the electricity sector adopted in November 2013, which provides very well set ethics on deceitful and reforming control schemes for renewable energy, despite the fact that these tips do not storage space a properly final churn out on the Aficionado States: "It [the instruction appearance] furthermore advises Aficionado States neighboring unannounced and retroactive scheme changes, plus by way of site assessment on revenues from renewable energy."

Currently, the Holder informs that: "(...) we drive elate these issues with the Bulgarian formation to positive our concerns as regards the continued economic probability of definite renewable energy installations in Bulgaria." It assures by its note down that: "(...) the Holder continues to busily select renewable energy policy developments in Bulgaria" and thanking for heart attentive it states that "(...) this things (...) drive preceding to storage space our widespread intellect."

SourcePost from CleanTechLaw.org: www.cleantechlaw.org