Europe: Fossil fuel and...

Brent oil futures for the Front Month on the ICE market declined in...

Europe: Electricity prices drop...

In the fourth week of July, average electricity prices declined in most major...

Europe: Electricity demand declines...

During the week of July 21, electricity demand decreased in most major European...

European renewable energy trends:...

During the week of July 21, solar photovoltaic energy production declined across the...
Supported byClarion Energy
HomeSEE Energy NewsBulgaria: EIB to...

Bulgaria: EIB to support transition from coal to clean energy at Maritsa East Complex

Bulgaria will receive advisory support from the European Investment Bank (EIB) for the greening of the Maritsa East Complex, one of Europe’s largest coal-fired power sites. The power plant produces up to 35 per cent of the country’s electricity. According to the agreement that was signed, EIB Advisory will collaborate with the Bulgarian Ministry of Energy to help develop priority projects that promote renewable energy at the Maritsa East Complex, which is home to one of the largest open-pit coal mines in Europe.

The EIB is providing its advisory support under the European Commission’s InvestEU Advisory Hub to aid Bulgaria’s transition from coal to clean energy. The current agreement builds on a previous one that was signed in early 2024. With its help, the Ministry of Energy has made significant progress in identifying a strategic path forward for the Maritsa East Complex’s transformation.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Europe: Fossil fuel and carbon markets show mixed signals amid supply shifts and economic uncertainty

Brent oil futures for the Front Month on the ICE market declined in most sessions during the fourth week of July, marking the second consecutive week of losses. The only exception was Thursday, July 24, when the settlement price...

Europe: Electricity prices drop across most European markets in late July amid lower demand and rising wind output

In the fourth week of July, average electricity prices declined in most major European markets compared to the previous week. Exceptions included the EPEX SPOT markets of the Netherlands and Germany, as well as the Nord Pool market covering...

Europe: Electricity demand declines amid cooler weather during third week of July

During the week of July 21, electricity demand decreased in most major European electricity markets compared to the previous week. The most significant declines were observed in the Spanish and Belgian markets, with drops of 7.3% and 6.7%, respectively....
Supported byVirtu Energy
error: Content is protected !!