According to the new models in the Integrated Energy and Climate Plan, the share of energy produced by RES in Bulgaria is expected to reach an average of 40% by 2030, BTA has reported.
Until 2025, the country will continue to rely on the existing coal capacities, which would participate in covering consumption on a market basis, Deputy Minister of Energy Iva Petrova pointed out at an energy forum organized by Capital media. After 2030 however, Bulgaria must give up on coal at the expense of RES, which will produce 11 gigawatts of electricity. When it comes to nuclear energy, about 2 gigawatts of new nuclear capacities are planned in the period 2035 - 2040, Petrova added. The introduction of storage capacities is also envisaged. In the medium-term and long-term perspective, new pumped hydroelectric energy storage capacities are also planned.
According to the e 2024 EU Convergence Reports, Bulgaria meets three of the four criteria for membership in the Eurozone, namely: stability of public finances (budget balance and public debt), the exchange rate and the long-term interest rate...
Bulgaria ranks 52nd in the world in terms of economic freedom in 2024, according to the latest survey by the Canadian Fraser Institute, the Institute for Market Economics (IME) reported. The study measures the degree of economic freedom in 165..
Between 20 and 30% of Bulgarians want to have access to culture but cannot afford it. This is the result of a national survey conducted by the Alpha Research sociological agency on behalf of the Ideas Factory and the Observatory of Cultural Economics..
On October 16 and 17, President Rumen Radev will pay an official visit to Bosnia and Herzegovina at the invitation of the Chairman of the Presidency of..
It is our intention that even with the 2025 budget, defense spending will reach a higher level than 2.5% of the Gross Domestic Product, said the Deputy..
According to Czech MEP from the European People's Party (EPP) Tomáš Zdechovský, the vote for Bulgarian Commissioner-designate Ekaterina Zaharieva is not..
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