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.
I have submitted an application to resign from the position of President of the National Assembly, Nataliya Kiselova announced after opening the plenary session on October 29. "Today I am resigning and in this way I am showing how..
Restaurant owners and hoteliers, whose establishments will welcome customers on New Year's Eve, warn that they are seriously worried about how payments and revenue reporting will be handled. Until midnight, they must accept payments..
The European Commission expects Bulgaria to provide a position and assessment of the possible consequences for the Lukoil refinery in Burgas as soon as possible after the imposition of US sanctions against the Russian company. This..
Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code ,..
The necessary net monthly income for subsistence for a worker living alone in September 2025 is 1,547 leva (748 euros) . For a three-member family with a..
Bulgaria’s Vertical Gas Corridor project is on track for completion by the end of 2026 , according to Energy Minister Zhecho Stankov, who stressed that..
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