Emissions reduction

Bulgarian & US Officials Explore Energy Security Strategies

Bulgarian Ministers Rumen Radev of Energy and Assen Vassilev of Finance recently engaged in high-level talks with US Secretary of Energy Jennifer Granholm in Washington, D.C., focusing on critical energy issues. The meeting underscored the importance of bilateral cooperation in nuclear technology, energy diversification, and enhancing energy security.

Bucharest hosting the high-level renewables investment event Energy Week Black Sea

On 6-8th February, the international renewables investment conference Energy Week Black Sea will take place in Bucharest, Romania.

The burgeoning allure of the Romanian market to renewable energy investors is steadily ascending, serving as an eminent focal nexus for the entire region in its collective journey towards the transformative embrace of sustainable energy.

Bulgaria Commits to Phasing Out Coal-Fired Power Plants by 2030, Prioritizing Renewable Energy

Bulgaria's Minister of Environment and Water, Julian Popov, has affirmed the country's commitment to phasing out coal-fired power plants, emphasizing that the transition will be market-driven rather than state-mandated. Minister Popov stated that the market forces are currently leading the closure of such plants and predicted that there is no viable future for them beyond 2030.

Economic program to help green transition: Şimşek

The government's medium-term program attaches great importance to structural transformation as well as ensuring macro financial stability, Finance Minister Mehmet Şimşek said, adding establishing financial discipline will make it easier for Türkiye to achieve its goals in green and digital transformation.