"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.
The majority in parliament overcame the president's veto on the Investment Promotion Act. The bill was passed in second reading on October 24, but President Rumen Radev vetoed parts of it, arguing that the proposed rules specifically..
Deputy Prime Ministers and Ministers of Transport Grozdan Karadzhov and Aleksandar Nikoloski signed an agreement in Gyueshevo for the construction of a railway tunnel between Bulgaria and the Republic of North Macedonia. The facility..
The police have neutralized an organized crime group that transported migrants from Burgas through Sofia to the Serbian border, Sofia District Prosecutor Natalia Nikolova said at a briefing. She indicated that 13 addresses were..
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among..
The European Commission has decided to withhold EUR 215 million from the second payment under Bulgaria’s recovery and resilience plan, the EC told the..
With 111 votes for, 51 against and 43 abstained, the National Assembly approved the establishment of an ad-hoc committee to investigate the activities..
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