Energy
UK aviation warns green shift to slow demand growth
The financial cost of U.K. aviation cutting carbon emissions will push up ticket prices, slowing passenger demand growth, an industry body has forecast.
Sustainable Aviation predicted in a report that this slowdown will correspond to a "reduction in projected aviation activity of 14.3 percent in 2050" from earlier forecasts.
$3 billion investment made in renewable energy
The Energy Market Regulatory Board has granted preliminary licenses to solar and wind energy power plants to increase the storage capacity further, making an investment of approximately $3 billion.
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G7 pledges to quit fossil fuels faster, but no new deadline
The G7 pledged on Sunday to quit fossil fuels faster and urged other countries to follow suit, but failed to agree to any new deadlines on ending polluting power sources like coal.
Gas shipment from Türkiye to Bulgaria starts
Türkiye has delivered first cargo of natural gas to Bulgaria as part of a deal the two countries signed in January this year, The Turkish Petroleum Pipeline Company (Botaş) has announced.
Bulgarian Energy Minister Rossen Hristov attended ceremony at the Marmara Ereglisi LNG Terminal in Türkiye's northwestern Tekirdağ province, marking the shipment of gas.
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Moldova is buying Greek gas to test import routes
Moldova, under constant threat of a reduction in Russian gas supplies, will buy a small amount of gas from Greece to test new import routes, state energy company Energocom said on Thursday.
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The Minister of Energy welcomed in Turkey a Tanker with American Gas for Bulgaria
"At the end of the month in Sofia (April 25-26), a large-scale agreement is expected to be signed between several countries, including Azerbaijan, Turkey, Bulgaria, Romania, Hungary, Slovakia, on the expansion of the gas infrastructure.
Ministry launches project to place solar panels on water
Within the scope of a new project by the Agriculture and Forestry Ministry, which will both increase renewable energy production and protect agricultural lands, floating solar panels will be placed on stagnant water surfaces such as dams and ponds.
Germany to switch off last remaining nuclear plants
Germany will shut down its three remaining nuclear plants on Saturday, betting that it can fulfil its green ambitions without atomic power despite the energy crisis caused by the Ukraine war.
"Bulgargaz" offers more than 8% Cheaper Gas for May
"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.
Gas found in Black Sea worth over $500 bln: Minister
Natural gas Türkiye discovered in the Black Sea is worth more than $500 billion and is large enough to supply all homes in the country with gas for 35 years, Energy and Natural Resources Minister Fatih Dönmez has said.