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.
At three consecutive sittings today, the Council for Electronic Media (CEM) failed to elect a director general of Bulgaria’s public service TV BNT. None of the 8 applicants earned the minimum of 3 votes in favour out of the 5 members of the..
Toll system cameras are now synchronized with the Interior Ministry system. This means that drivers driving in the emergency lane will be monitored and penalized, said Interior Minister Daniel Mitov . “All drivers should know that after the..
Monthly inflation stands at 0.4%, and annual inflation at 4.4%, the National Statistical Institute has announced. In May, the annual inflation stood at 3.7%, the highest since December 2023. The acceleration of the annual inflation rate in..
“Entering the Eurozone does not present any risk to Bulgaria. Adopting the Euro can only serve as a powerful accelerator for our economic growth,”..
Starting this autumn, the Ministry of Labor and Social Policy will launch a program aimed at attracting Bulgarians from abroad. More than EUR 33..
Demonstrations in support of Varna Mayor Blagomir Kotsev are set to intensify on Tuesday evening, expanding beyond Bulgaria to four major European cities...
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