Bulgaria, Country should reduce its overall dependence on fossil fuels and their imports

, SEE Energy News

According to this year’s European Semester, Bulgaria should reduce its overall dependence on fossil fuels and their imports by accelerating the development of energy from renewable sources.

The document explains that this could be done by diversifying the supply of natural gas and increasing interconnectors with neighboring countries for this purpose.

It is also recommended that Bulgaria should increase energy efficiency in industry and in the private and public buildings, as well as promote sustainable solutions in heating. For the next year, Bulgaria must ensure that the growth of public spending is in line with the overall budget policy, given the ongoing temporary and targeted support for the most vulnerable households and companies to energy prices.

Bulgaria must also increase public investment in green and digital transition and energy security, with the support from the Reconstruction and Development Mechanism, the RepowerEU Energy Independence Plan and other European funds.