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Importance of Solar Business in the European Union and Bulgaria

Author

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  • Noncho Dimitrov

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

Solar business is facing major challenges related to the ever-changing regulatory framework, corporate interests and public pressure. Successful adaptation to the high requirements of regulators and competitive alternative energy sources is needed. The European Union (EU) has constantly underlined its commitment to international cooperation and to fighting the effects of greenhouse gas emissions and the solar business is one of the levers that it uses to implement them. The formation of the internal market in the energy sector requires the elimination of numerous regulatory and trade barriers; the approximation of tax and pricing policy, norms and standard measures, and environmental and safety rules. This requires the development and implementation of successful strategies on the part of solar energy producers, traders and consumers.

Suggested Citation

  • Noncho Dimitrov, 2018. "Importance of Solar Business in the European Union and Bulgaria," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 4, pages 541-548, December.
    • Handle: RePEc:nwe:eajour:y:2018:i:4:p:541-548
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    More about this item

    Keywords

    Bulgaria; Energy; Solar business; The European Union;
    All these keywords.

    JEL classification:

    • P28 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Natural Resources; Environment
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State
    • F52 - International Economics - - International Relations, National Security, and International Political Economy - - - National Security; Economic Nationalism

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