site.btaEC Assesses Bulgaria's Ten-Year Energy and Climate Plan, Makes Recommendations

October 14 (BTA Correspondent Nikolay Jeliazkov) - The European Commission (EC) presented here on Wednesday its 2020 report on the state of the Energy Union that features assessments of the Member States' energy and climate plans (NECPs) for achieving the EU's climate and energy targets for 2030. According to the assessment of Bulgaria NECP, the country is among the Member States that to this year are on track to their renewable energy targets.

According to the EC report, Bulgaria has the cheapest electricity in the EU (98 euro/MWh) and the lowest network charges (25 euro/MWh).

Based on Bulgaria's final NECP, and on the investment and reform priorities identified for Bulgaria in the European Semester, the European Commission services invite Bulgaria to consider the following climate and energy-related investment and reform measures: measures supporting a coal phase-out strategy with a clear timeframe commitment and ensuring a just transition of coal and lignite-reliant areas, accompanied by a clear strategy for promoting renewable energy; measures to reform the energy market; measures promoting investments in buildings renovation, focusing as a matter of priority on worst-performing residential buildings; and measures improving sustainable transport infrastructure and boosting sustainable mobility.

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