Regional Formation and Development Studies

The aim of the article is to analyze the results of the Bulgarian renewable energy policy in the context of the EU aims and global renewable energy system (RES) investments till 2014. The policy is examined through comparison of the aims as stated in the National Renewable Energy Action Plan (NREAP) of Bulgaria and the achieved results. They are evaluated in respect of renewables share in final energy consumption, greenhouse gas emissions, and household access to green energy sources. The main outcomes show a low level of decentralized energy generation and pressure upon electricity price increase.