The commitment to reduce carbon emissions from electricity electricity production by 40% by 2026 compared to 2019 in the energy section of the Recovery and Sustainability Plan includes binding short-term steps.
According to the Confederation of Independent Syndicates in Bulgaria (CISB), these commitments raise concerns for the country's energy security as they cannot realistically contribute to recovery and sustainability in the sector. Moreover, it is not clear what the reforms in the sector will be after 2030. The trade union insists that the commitment should be reviewed as it binds the country to conditions for deep changes in Maritsa East Mines as soon as the next 3 years.
On the other hand, the separation of the state-owned companies in the energy sector from the Bulgarian Energy Holding, scrapping NEK EAD as a public supplier and the liberalization of the retail market will lead to the alignment of household prices with those on the free market, which will be beyond the means of the majority of households, the trade union predicts.
According to the syndicate's experts, the "battery arrays" project has not been included as an option in any strategic analysis of the sector's development in the country discussed in recent months and it is therefore appropriate to limit its scale.
GERB leader Boyko Borisov has told the media that he personally participated in talks with American representatives on the lifting of the Magnitsky sanctions against Bulgarian citizens. He said that he also spoke on the subject with David Cameron while..
On Thursday minimum temperatures will range between 6 and 11° C., for Sofia around 8° C. During the day the weather will continue cloudy and rainy. The rain will be more significant in Eastern Bulgaria, and in the afternoon – in Central Bulgaria...
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 Bulgarian National Radio. The country is to receive EUR 439 million. EU may cut money for..
The Ministry of Finance and the Bulgarian National Bank are organizing a high-level conference today titled ''Bulgaria on the Doorstep of the Eurozone''...
The euro will help, but it does not on its own guarantee higher standards of living, said Kristalina Georgieva, Managing Director of the International..
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..
+359 2 9336 661