Bulgaria's Planned Restrictions on Renewable Energy Causes Concerns

Bulgarian taxpayers will have to bear the burden of hasty and short-sighted management decisions of Bulgaria’s state institutions, BGWEA and BPVA warned
A drastic cut of renewable energy production of up to 50% proposed by the energy regulator combined with a 20 percent fee on the sales income of PV and wind energy producers introduced in January, will imminently lead a lot of companies in the sector to insolvency.

If the State Energy and Water Regulatory Commission (SEWRC) adopted this measure, it would willingly destroy a private business and prove its inaptitude to regulate the state and private interests in the energy sector.
These are the major points in the critical stance of the Bulgarian Photovoltaic Association (BPVA) and the Bulgarian Wind Energy Association (BGWEA) following the planned restrictions on renewable energy.

In an e-mailed statement BPVA expressed doubts that the regulator could be "protecting Bulgarian anti-European pro-Russian influence groups with the purpose of destroying the independent local and foreign energy investors and expropriating their capital" reports Publics.

(balkans.com)