Energy Efficiency in Bulgaria
The Case for Market-based Approach and Transparency
Overall, the Bulgarian economy seems to have completed the transition from heavy industry to less energy intensive light industry and thus already picked the low hanging fruit of natural gains in efficiency. The country is probably at a point, as some experts argue, from which onwards any additional gain in efficiency will have to be attained through advances in technologies of energy production, conversion, transportation, and use which will call for cost‐effective approach and a strong incentive system.
© 2010 Center for the Study of Democracy (CSD)