Bulgaria: Biofuels Annual
The Bulgarian Renewable Energy Act (REA) established a national target of 16% of renewable energy in total energy consumption and 10% in transportation fuel consumption by 2020, and 6% share in the total reduction of GHG emissions based on sustainability criteria. Biofuel mandates lagged behind the goals and accounted for 5.7% in 2014. In July 2015, Bulgarian legislators postponed bioethanol mandates for 3 years and the current mandate of 7% will not be changed until 2018. Biodiesel producers plan to use in MY2015/16 more soybean oil due to expected higher local production of soybeans as a result of EU greening requirements.
