Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for measure BG-2023-7/3071 – measures in Bulgaria
Country | Bulgaria , applies nationwide |
Time period | Open ended, started on 14 February 2023 |
Context | War in Ukraine, Green Transition, European semester |
Type | Other initiatives or policies |
Category |
Promoting the economic, labour market and social recovery
– Support for spending, stimulus packages |
Author | Ekaterina Markova (IPS-Bas) and Eurofound |
Measure added | 17 February 2023 (updated 21 March 2023) |
The Ministry of Innovation and Growth announced a call for proposals for the implementation of investments by final beneficiaries BG-RRP-3.006 "Construction of new Renewable Energy Sources (RES) for self-consumption in combination with local energy storage facilities in enterprises". This measure is within the national Recovery and Resilience Plan.
The procedure is targeted to micro, small and medium-sized enterprises, small companies with medium market capitalisation (up to 499 employees) and companies with medium market capitalisation (up to 1,500 employees). They can be from all sectors of the Bulgarian economy except 'Agriculture, forestry and fishing', 'Production and distribution of electricity, heat and gaseous fuels', 'Financial and insurance activities' and part of 'Manufacturing' (part of 'Manufacture of food products' and 'Manufacture of beverages').
The aim of the procedure is to provide grants for construction of new renewable energy sources (photovoltaic systems) of up to 1 MW for self-consumption, combined with local energy storage facilities (batteries), in order to encourage the transition of the private sector to environmentally friendly activities.
According to the Minister of innovations and growth Mr. Pulev the budget of the procedure is BGN 200 million. Together with the team of Deputy Prime Minister Pekanov the ministry managed to increase the budget from the originally set BGN 20 million to BGN 200 million. After March 15 2023, the Energy segment of the Recovery Plan will be renegotiated.
The active process of accepting applications is not finished yet, so there is no other data about the use of measure.
Workers | Businesses | Citizens |
---|---|---|
Does not apply to workers |
SMEs
|
Does not apply to citizens |
Actors | Funding |
---|---|
National government
EU (Council, EC, EP) |
European Funds
National Recovery and Resilience Facility |
Social partners' role in designing the measure and form of involvement:
Trade unions | Employers' organisations | |
---|---|---|
Role | Consulted | Consulted |
Form | Unknown | Unknown |
Social partners' role in the implementation, monitoring and assessment phase:
This is the third open measure for businesses under the Recovery and Resilience Plan. Open public consultations about this measure were available and popularised by the social partners websites, as well as the call for proposal.
This measure is at its early stage for call for applications and there is no comments by social partners of this particular measure.
The more general comments by representatives of employer organisations were that there is limited interest in such measures by the companies. The reason is that the money will come slowly, and then refunded. It also requires pulling out all the permits without knowing if one company will be approved for funding, said Shteryu Nozharov from Bulgarian Industrial Association.
According to economist Mihail Krastev, the Recovery and Resilience Plan cannot reshape the Bulgarian economy. "In 2021, the advance payments had to be received, the business was in great need of them. The cheap electricity that we produce and manage to sell, compensating the business with this money, may turn out to be expensive at some point," he predicted.
According to him, the "Green Bulgaria" part supports energy efficiency, the building stock and households. "The MoF's forecast for the deficit next year is comparable to the money we will receive under the Plan," he pointed out.
Citation
Eurofound (2023), Renewable energy sources and local energy storage facilities for enterprises, measure BG-2023-7/3071 (measures in Bulgaria), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/BG-2023-7_3071.html
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