Bulgargaz proposes 23.7 % wholesale gas price increase for October – Bulgaria, 21 September 2021

Bulgarian state-owned gas supplier Bulgargaz is has proposed higher wholesale natural gas price to be applied in October 2021. The statement from the company said that the price for October should be around 41.1 euros/MWh, which is 23.7 % higher compared to the price approved for September – 33.5 Full article available for subscribers of […]

EU Green Deal threatens Bulgarian electricity generation – Bulgaria, 21 September 2021

Under the EU Green Deal, the use of coal in electricity generation is to be phased-out by 2030. Politicians in Bulgaria have been avoiding this important issue for a long time, and recently the European Commission has urged the Government to adopt strict deadlines for its coal phase-out plan. Pr Full article available for subscribers […]

PPC Renewables plans 500 MW solar power plant in western Macedonia – Greece, 21 September 2021

PPC Renewables, a renewables arm of Greek state-controlled Public Power Corporation (PPC), is planning to build a 500 MW solar power plant at its coal mining complex in western Macedonia. CEO of PPC Renewables Konstantinos Mavros said that the solar project would be launched in the next six month Full article available for subscribers of […]