Energy economics

The International Energy Agency (IEA) will guide nations in their energy and climate policies and lay out a road map, IEA Executive Director Fatih Birol has said.

Birol addressed leaders who gathered for the 49th G7 Summit in Hiroshima, Japan, last week.

Slovenia's pavilion at the International Architecture Exhibition, which opened on 20 May and runs until late November, is dedicated to the principles of ecology in architecture which have been lost in the face of advancing technology.

Mary B. Warlick (M), Deputy Executive Director International Energy Agency, and Ivan Krastev (R), Permanent Fellow at the IWM, at a panel discussion at the "Time to Decide Europe Summit", in Vienna, Austria, on 16 May 2023. Photo: ERSTE Foundation

Mytilineos is close to reaching an agreement on green energy in North America, Evangelos Mytilineos, chairman and CEO of Mytilineos Energy & Metals, told Bloomberg TV on Tuesday.

In an interview, Mytilineos said that the framework in North America is very attractive and noted that in Europe the system is more bureaucratic and things move more slowly.

Demand has been rising for secondhand cars in a market trying to fend off the tight supply of new vehicles.

Besides the availability problems, what drives the demand is people's expectations that prices will go up in the coming months due to the perceived depreciation of the local currency.

BELGRADE - Work on an integrated national energy and climate plan and a strategy of energy sector development is in the final phase and their adoption is due by the end of the year, Serbian Minister of Mining and Energy Dubravka Djedovic said at a meeting with Energy Community Secretariat Director Artur Lorkowski on Tuesday.

BELGRADE - Energy transition and energy stability and independence are our two main tasks in the energy sector, Serbian Minister of Mining and Energy Dubravka Djedovic said on Monday.

Greece is to be commended for its response to the global energy crisis triggered by Russia's invasion of Ukraine, the International Energy Agency (IEA) said in a report released on Thursday.

IEA also commended Greece for its National Climate Law, which sets ambitious decade-by-decade targets for bringing down greenhouse gas emissions to net zero by 2050.

Sales of electric vehicles are booming and are expected to account for nearly one in five cars sold this year, according to a report released yesterday.

"Bulgargaz" offered BGN 90.10/MWh price of the blue fuel for May. The company specifies that it is 8.21% lower than the one confirmed for April.

BGN 74.59/MWh is the estimated gas price for June. It is 17.21% lower than the one submitted for approval for May, according to Bulgargaz.