In fact, in the UK, wind and solar projects with CfDs have been paying millions of pounds back to consumers. That is why they’ve already been introduced for different types of renewable technologies including offshore wind in many countries, including Poland, Lithuania, France, Greece, Hungary, Ireland, Italy, Spain, Portugal, the UK, and are expected to launch in Romania in 2024. There is a strong case for the rapid adoption of offshore wind CfDs in Bulgaria. If not, Bulgaria might be among the last Central and Eastern European countries with sea access not capitalising on offshore wind potential. In fact, according to the association of European grid operators ENTSO-E, Bulgaria, Slovenia, and Cyprus are the only coastal countries in the whole EU which did not announce any non-binding targets for offshore wind.
