Bulgaria

bulgaria

Since 2013, Bulgaria has made efforts to improve in its eco-innovation performance through the implementation of several Operational Programmes, including Strategy for smart specialization, initiatives on waste management and recycling, energy efficiency, environment, transport, science and education, and innovation and competitiveness.

The main challenges for eco-innovation in Bulgaria are related increasing domestic and foreign investment opportunities in eco-innovation and circular economy, promoting efficient use of resources by achieving high energy efficiency (especially in homes and building infrastructure), further developing renewable energy sources, and improving sustainability practices within the transport sector. Increased national investments from government and industry would significantly encourage more support for eco-innovation and circular economy initiatives. Furthermore, the legislative framework needs further improvement to encourage more investment in the sector.

Nonetheless, several significant drivers of eco-innovation exist, such as rise in awareness from both business, citizens and government on the benefits of green products and technologies, high skilled human resource and knowledge capital and Bulgaria’s leading regional position in the information and communications technology (ICT) sector .

2015 Eco-innovation Scoreboard ranking and eco-innovation index composites for Bulgaria

Bulgaria

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Electromobiles

Labels: Bulgaria

The  electricity-powered vehicles are seen as a factor for sustainable urban development.They contribute to emission reduction .  The  electromobiles  will be priority in public procurement  in Bulgaria in the next years. As of 2014, all state institutions and municipalities in the country will purchase only electricity-powered service cars.

The electricity-powered automobiles of the Chinese carmaker Great Wall started to be produced  at the factory of Litex Motors near the town of Lovech.The factory occupies an area of 500 acres near Lovech and has a capacity of producing 50,000 cars a year in two shifts.Since the launch of the project nearly two years ago invested money without the value of the purchased land in Lovech village Bahovitsa amounted to 55 millions  BGN. It  remains to realize the second phase, which will close the full cycle of production and will be differentiated industrial zone in the region. The first series of electromobiles will  be ready  as of the  spring, 2012
There is a project for building  electromobile's charging infrastrcature in the main big cities in the country  Sofia, Plovdiv and Varna. The project will be financed with funding from the Kozluduy Energy Fund.

Barriers and Drivers

Main driving factors:
- Economic potential and opportunities for new employment in the region.

Economic Performance

The product is new to the  Bulgarian market and economic  side related information ( such as costs and profit) is not available. However,  it is clear that  there is a market for the product not only in the country but also in the EU and other neghbouring  countries. This is  because of the  recent  tendencies towards sustainable cities,  need for  polution  reduction  and search of alternatives to  limited  natural  resources, including  fuels.

Social Performance

Creation  of  opportunity  for new employment  in the area.High functionality of product, good design and comfort, along with contribiuting to a healthy environment.

Environmental Impact

Long term environmental impact is linked to the use of electric cars which do not produce emissions and noise while driving.

Further Information

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20120225000011&cid=1206   

http://www.eubusiness.com/news-eu/bulgaria-china.fbp

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