According to the plan for the development of the electricity transmission network of Bulgaria 2024-2033 of the Electricity System Operator, as of 2033, production from renewable energy sources (RES) will exceed 50% of the projected electricity consumption. The plan has been published for public discussion. According to the EU decarbonisation targets, the plan envisages a gradual increase in electricity consumption for heating, transport, industry and green hydrogen production. In 2033, gross electricity generation is expected to reach 41 400 GWh.
The market modelling of the capacities in the electric energy balances show that coal-fired power plants are experiencing extreme market pressure due to the high cost of carbon emissions. According to the Electricity System Operator this will complicate the production-consumption balance, as well as the options for catering for domestic consumption and possible electricity exports.
The operational leadership of DPS-DPS party met to decide whether to continue its support for the government. This is happening a day before the discussion of the second vote of no confidence in the "Zhelyazkov" cabinet on the topic of corruption...
Over the past 10 years, housing prices in Sofia have tripled, and in large cities more than doubled. This is according to data from one of the largest brokerage companies on the Bulgarian market. "If in 2015 in Sofia you could buy a home..
The reactors intended for Bulgaria's unrealised second nuclear power plant project - Belene - will not be sold. This was announced to journalists by Deputy Prime Minister and BSP leader Atanas Zafirov. He said that he had discussed the fate of the two..
Together with PM Rosen Zhelyazkov we discussed the EU plan for a new Black Sea strategy which the European Commission will present soon, announced EU..
In an interview with public service TV BNT, Commissioner for Enlargement Marta Kos, who is on a working visit to Bulgaria, stated that Ukraine and the..
Half of the companies from the Bulgarian Industrial Capital Association say that the tariffs on the import of commodities announced by US President..
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