Bulgaria To Raise Biofuel Use to 5.75% by 2010, 10% by 2020
Bulgaria plans to increase the use of biofuels as a percentage of total fuel usage to 5.75% by 2010 and 10% by 2020 to meet European Union environmental protection requirements, an expert said on Tuesday.
Bulgaria, which joined the European Union in January, currently does not impose an excise duty on biofuels in an effort to boost production and use.
Local producers are expected to raise their installed capacities to 415,000 tonnes of biodiesel and 95,000 tonnes of bioethanol by 2010, Alexandrina Dimitrova, an expert with the economy and energy ministry, told an international conference on biofuel markets in southeast Europe.
Installed capacities are seen to increase to 448,000 tonnes of biodiesel and 107,000 tonnes of bioethanol by 2020, Dimitrova said.
There is no official data on the current installed capacities and number of biofuel producers in Bulgaria.