The New Bulgarian Energy Law
Article from: OGEL 1 (2004), in Electricity Law and Regulation
Summary
Bulgaria's Energy Law of 9 December 2003 is landmark legislation for Bulgaria as it creates conditions for the sustainable development of renewable energy resources and enhances the reliability of the energy supply. Bulgaria's new Law is a significant improvement over its predecessor, the Energy and Energy Efficiency Act of 1999. The 2003 Law is a modern law that is in accord with the Electricity and Gas Directives of the European Union of July 2003. It establishes the overall legal framework for the energy sector and provides the basis for transparent and predictable regulation, promotion ...