Bulgaria is turning into an importer of electricity because that is more profitable for the country, energy expert Krassimir Manov said in an interview with the BNR. Despite the sufficient amount of capacities the country has, they are not producing electric energy that can be competitive on the market. Instead, it is more profitable to buy electricity from our neighbours, which, until recently, got their electricity from us – Greece, Serbia, Turkey and North Macedonia, Capital recently explained. According to data of the Electricity System Operator, whereas in the first 7 days of 2023 the export-import balance was positive, amounting to 153,243 MWh, in the first 7 days of 2024 it is 14,682 MWh negative, the Bulgarian news agency BTA writes. This means that in the first days of 2024, Bulgaria imported more electric energy than it exported. “Electricity generated by gas and coal-fired power plants in North Macedonia and Turkey is cheaper because they do not pay carbon quotas, as Bulgaria and the EU countries do,” Krassimir Manov explained. “It is not possible, at the rates being set down, to make this replacement in energy,” he added in a comment on the green deal.
Bulgaria will be given six months to carry out the necessary reforms connected with the liberalisation of the energy market , otherwise it stands to lose EUR 653 million which it should receive as a second payment under the Recovery and..
The second edition of the Festival of Apiculture Products continues in Pleven. The exposition features honey and apiculture products, as well as honey cosmetics. The initiative for the event belongs to the regional apiary union and the Pleven..
During the night it will be cloudy with rainfalls in the western and central regions of Bulgaria, as snowfalls are possible in the high western areas. There will be almost no precipitation in the easternmost regions. The morning..
The Democrats for a Strong Bulgaria (DSB) are to nominate the party’s leader Atanas Atanasov for president of the 51 st National Assembly...
A Eurobarometer survey has registered the highest level of trust in the European Union since 2007 and the highest level of support ever for the common..
The second edition of the Festival of Apiculture Products continues in Pleven. The exposition features honey and apiculture products, as well as honey..
+359 2 9336 661