Windpower Monthly rating 2.5/5
Our rating is based on a combination of project pipeline, political and policy support, investor confidence and structural readiness of the country in terms of grid infrastructure, permitting process and local supply chain.
Forecast of installed and operating wind power capacity based on the latest statisitics and measured against the Windpower Intelligence database.
Support schemes for all future wind projects have been withdrawn and newly-built wind farms would operate as merchant plants.
Despite the withdrawal of support schemes, there is some sporadic investor interest in the development of wind farms.
The permitting and grid connection processes are not particularly onerous, especially in comparison to other countries in south east Europe.
EUROPE Former eastern bloc countries that looked promising a few years ago have lost momentum as governments lost their taste for renewable energy in the wake of the financial crisis, although there are some encouraging signs from Serbia and Macedonia.
ROMANIA: Romania remains the strongest among these former eastern bloc countries, although prospects there have been clouded.
EUROPE: Wind energy markets on Europe's eastern outskirts, once fertile terrain for those looking for growth in the face of declining opportunities in more mature markets in western Europe, have lost some of their appeal.
To find locations for new onshore wind farms in Europe, developers are now being forced to consider sites that come with added complexities, such as those in the Natura 2000 network.
EUROPE: As a growing number of wind-energy investors have targeted central and eastern Europe (CEE) for growth, regulatory uncertainty in key markets such as Poland and Romania has complicated the prospects for financing and could slow down expansion in these regions.
BULGARIA: The Bulgarian parliament has put an end to incentive prices for new wind farms as it seeks to cut energy sector deficits and contain power prices in the EU's poorest member state.
BULGARIA: Bulgaria's Constitutional Court has struck down a controversial 20% charge on the income of wind and solar photovoltaic plants, agreeing it was unconstitutional and providing some relief for the country's renewable industry.
BULGARIA: The Bulgarian parliament has voted into law a 20% fee on revenue from renewable energy projects.
BULGARIA: Bulgaria's budget commission has passed a proposal to levy a 20% fee on revenue from wind and solar projects in the country.
BULGARIA: The European Commission is taking Bulgaria to court over its failure to protect unique habitats and important species in its granting permission to wind projects.