Bulgaria aims to achieve a share of 25% of energy from renewable sources in final energy consumption by 2030, this country’s Deputy Minister of Energy Zhecho Stanchev said at a forum held in Sofia. Currently, 19% of the electricity is produced from renewable sources. That is why the state authorities will make efforts to encourage the households to build small water power plants. Bulgaria wants to continue using the thermal power plants in accordance with the environmental legislation, because these energy facilities produce 40% of the electricity in this country. The nuclear units 5 and 6 at Kozloduy power plant are the second-largest producer of electricity in Bulgaria. That is why we will extend their lifespan, Deputy Minister Stankov pointed out.
The nominated person for special manager for the four companies of "Lukoil Bulgaria" is Rumen Spetsov, Minister of Economy, Petar Dilov, said. "He meets all legal requirements", Dilov added. The decision was discussed at the Security..
We hope that today Bulgaria will receive a derogation from the US sanctions against Russian company Lukoil, such as the one in Germany - for 6 months. This was what Boyko Borissov, leader of the GERB party, said. In anticipation of..
The European Commission has temporarily put on hold the preliminary assessment of Bulgaria’s request for the third payment under the national Recovery and Resilience Plan, amounting to EUR 1.6 billion, informed sources in Brussels told BNR...
In 2026, Bulgaria will assume the presidency of the EU Strategy for the Danube Region for the second time. The symbolic handover of the presidency took..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
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