Usability of renewable energy in Bulgaria - challenges, opportunities and barriers

Energy is a resource that both drives the world economy, but also sustains the existence of individuals. Energy is a strategic good that provides advantages for some and disadvantages for others. Traditional energy sources are not evenly distributed, and this is a challenge for politicians and econo...

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Main Author: Markov Nedelin
Format: Article
Language:English
Published: EDP Sciences 2023-01-01
Series:SHS Web of Conferences
Online Access:https://www.shs-conferences.org/articles/shsconf/pdf/2023/25/shsconf_brd2023_01006.pdf
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author Markov Nedelin
author_facet Markov Nedelin
author_sort Markov Nedelin
collection DOAJ
description Energy is a resource that both drives the world economy, but also sustains the existence of individuals. Energy is a strategic good that provides advantages for some and disadvantages for others. Traditional energy sources are not evenly distributed, and this is a challenge for politicians and economists to meet the ever-increasing energy demand. Renewable energy sources bridge the gap between traditional understandings of growth and modern demands for environmental protection. They are a compromise between the past and the future. The purpose of the report is to synthesize the possibilities and limitations of the use of renewable energy in Bulgaria. The research used empirical methods such as analysis and survey. The results, as expected, confirm that in our country there are unused opportunities for the development of energy production from renewable sources. The conclusions show that the poorly regulated electricity market, regulatory restrictions, and the low incomes of Bulgarians are a deterrent to the more intensive use of renewable energy.
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spelling doaj.art-8729fd9b36f94334b7cf4a0db0c12bbe2023-09-26T10:13:26ZengEDP SciencesSHS Web of Conferences2261-24242023-01-011760100610.1051/shsconf/202317601006shsconf_brd2023_01006Usability of renewable energy in Bulgaria - challenges, opportunities and barriersMarkov Nedelin0Trakia University, Faculty of economicsEnergy is a resource that both drives the world economy, but also sustains the existence of individuals. Energy is a strategic good that provides advantages for some and disadvantages for others. Traditional energy sources are not evenly distributed, and this is a challenge for politicians and economists to meet the ever-increasing energy demand. Renewable energy sources bridge the gap between traditional understandings of growth and modern demands for environmental protection. They are a compromise between the past and the future. The purpose of the report is to synthesize the possibilities and limitations of the use of renewable energy in Bulgaria. The research used empirical methods such as analysis and survey. The results, as expected, confirm that in our country there are unused opportunities for the development of energy production from renewable sources. The conclusions show that the poorly regulated electricity market, regulatory restrictions, and the low incomes of Bulgarians are a deterrent to the more intensive use of renewable energy.https://www.shs-conferences.org/articles/shsconf/pdf/2023/25/shsconf_brd2023_01006.pdf
spellingShingle Markov Nedelin
Usability of renewable energy in Bulgaria - challenges, opportunities and barriers
SHS Web of Conferences
title Usability of renewable energy in Bulgaria - challenges, opportunities and barriers
title_full Usability of renewable energy in Bulgaria - challenges, opportunities and barriers
title_fullStr Usability of renewable energy in Bulgaria - challenges, opportunities and barriers
title_full_unstemmed Usability of renewable energy in Bulgaria - challenges, opportunities and barriers
title_short Usability of renewable energy in Bulgaria - challenges, opportunities and barriers
title_sort usability of renewable energy in bulgaria challenges opportunities and barriers
url https://www.shs-conferences.org/articles/shsconf/pdf/2023/25/shsconf_brd2023_01006.pdf
work_keys_str_mv AT markovnedelin usabilityofrenewableenergyinbulgariachallengesopportunitiesandbarriers