green blue energy factory – bulgaria market analysis - GBEfactory

Audited industrial systems – results (consumption of over 3000 MWh/year)
PARAMETER DIMENSION VALUE
Audited industrial systems No. 154
Annual energy consumption GWh/year 2 927
Energy savings from ESM GWh/year 378
Cost savings from ESM Mln. BGN/year 52,1
СО 2
reduction th. Т./year 187,7
Required investments for ESM Mln. BGN 183,4
Average payback period Year 3,5
Average share of savings % 12,6
Source: Sustainable energy development association
3.6 Conclusions to the RES sector’s state survey:
The accessible potential of all RES in the country is around 6 000 ktoe. The biggest
accessible potential of all RES in the country is for the biomass (~2 700 ktoe) followed by
the water energy (~2 280 ktoe), the solar energy (~390 ktoe), geothermal energy (~350
ktoe) and the wind energy (~280 ktoe).
The average payback period of investments from the proposed energy saving measures is
around 3,5 years. At the same time, the RES systems in the industry and the housing stock
have a considerably longer period of payback – over 5-6 years.
Sustainable energy development in the conditions of our country including optimal use of
conventional fuels may be achieved by combining measures introducing RES with
measures improving the energy efficiency.
During the next 10 years, the water energy and the biomass will have the most significant
share in the production of electric power from RES, and to meet the needs of heating,
cooling and boiler hot water – the biomass and geothermal energy.
Substantial particularity of the RES is the economic expedience for the realization of
small investment projects as a consequence of the potential redistribution that necessitates
decentralization of the transforming/processing powers.
As a result of the preliminary analysis of the state of the RES sector in Bulgaria the market
survey is directed with priority to the following areas:
By types of RES – biomass, solar collectors for heating energy, biogas of recycled
waste, thermal sources – with the largest potential
Sectors – chemistry, commercial chains, hotels in cross-country section – with
significant energy intensity and suitable for the project purposes
Regions – national scope and Stara Zagora of broad scope of surveyed entities
18