Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

The state will not close coal-fired power plants

Bulgaria’s Minister of Environment and Water Julian Popov

"We will not close coal-fired power plants, the market will close them, it is closing them now", Bulgaria’s Minister of Environment and Water Julian Popov said for the BNR. Minister Popov predicted that there is no chance for them to function after 2030. Julian Popov recalled that currently 25% of electricity is produced from renewable sources given that the country is yet to develop wind energy.

"Most private power plants very seriously consider abandoning coal within three years", said Julian Popov.

"The Maritsa-East region has the potential to attract BGN 20-30 billion in investments within 10 years if there is a regulatory environment, clarity and predictability", Minister Julian Popov further said.

According to Julian Popov, a fair transition from coal and natural gas to renewable energy means that a significant number of jobs and energy poor people are not affected. 




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Interim minister of the Interior Atanas Ilkov

Bulgaria's full Schengen membership will not open the floodgates to the EU, says Interior Minister

A quadripartite meeting of the interior ministers of Bulgaria, Hungary, Austria and Romania in Budapest on 22 November made it clear that Austria would lift its veto and that Bulgaria and Romania would probably become full members of Schengen from the..

published on 11/23/24 11:58 AM

President Rumen Radev meets the Bulgarian community in Singapore

President Rumen Radev met with Bulgarians living and working in Singapore during his visit to the Asian country on November 22-24. There are an estimated 400 Bulgarians living in Singapore. "Our diaspora in Singapore occupies a very special..

published on 11/23/24 10:07 AM

Sunny yet cold weather expected on Saturday

The weather on Saturday will be mostly sunny over most of Bulgaria. There will be considerable clouds in eastern Bulgaria before midday and rainfall is expected in the eastern areas, but precipitation will stop also there and clouds will break...

published on 11/22/24 7:35 PM