"We will not close coal-fired power plants, the market will close them, it is closing them now", Bulgaria’s Minister of Environment and Water Julian Popov said for the BNR. Minister Popov predicted that there is no chance for them to function after 2030. Julian Popov recalled that currently 25% of electricity is produced from renewable sources given that the country is yet to develop wind energy.
"Most private power plants very seriously consider abandoning coal within three years", said Julian Popov.
"The Maritsa-East region has the potential to attract BGN 20-30 billion in investments within 10 years if there is a regulatory environment, clarity and predictability", Minister Julian Popov further said.
According to Julian Popov, a fair transition from coal and natural gas to renewable energy means that a significant number of jobs and energy poor people are not affected.
BNB Governor Dimitar Radev will sign the request for an extraordinary convergence report on the fulfillment of the criteria for eurozone membership. This is clear from his response in an interview with BTA, in which Radev announced that the Central..
A serious train crash involving a train owned by the Bulgarian company PIMK has occurred near Craiova, Romania. According to initial information, the train conductor of the private Bulgarian company, who is a Romanian citizen, died in the accident...
Sofia Airport has been officially renamed to Vasil Levski Airport at a solemn ceremony on February 19 . The ceremony was attended by Deputy Prime Minister and Minister of Transport Grozdan Karadjov, CEO of the airport operator “SOF Connect” Jesus..
The Vazrazhdane parliamentary party is organizing a protest on February 22 in front of the Bulgarian National Bank against Bulgaria's entry into the..
The agriculture sector in Bulgaria maintains its stability, providing employment to 6% of the population and forming about 4% of the country's GDP. This..
On Wednesday, the lowest temperatures will range between minus 8°C and minus 3°C, for Sofia around minus 7°C . During the day, snow showers in the..
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