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 ruling majority has introduced a bill limiting the export of diesel and aviation fuel. “This is a temporary measure. There is fuel for months to come, not counting the State Reserve,” Delyan Dobrev from the GERB party, said...
Israel announced that it had identified the bodies of hostages Sahar Baruch and Amiram Kuper. They were handed over by Hamas on the evening of October 30 to the Red Cross in Gaza, BTA reported. "Following the identification process..
The real estate market in Bulgaria has been in the eurozone for a long time. Prices will not undergo significant changes after the introduction of the common currency. This was what financier Levon Hampartzoumian said at the 11th..
The Russian oil company Lukoil has announced that it has accepted an offer from the Swiss Gunvor Group to acquire the international assets of LUKOIL..
The National Assembly has rejected President Rumen Radev's veto on changes to the State Intelligence Agency Act (SIA) and the State Agency Technical..
Bulgaria has a higher share of women in science, technology, engineering and mathematics (STEM) fields than the European Union average, according to a..
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