Montenegro: EPCG confirms TPP...

Montenegro’s state-owned power utility EPCG has issued a statement refuting media reports that...

Greece: DESFA launches tender...

The Greek natural gas transmission system operator DESFA has announced a tender worth...

Bulgaria: BICA warns new...

The Bulgarian Industrial Capital Association (BICA) has expressed concerns about the government’s new...

Romania: GE Vernova secures...

GE Vernova has signed an agreement with Greenvolt International Power to supply wind...
Supported byClarion Energy
HomeSEE Energy NewsRegion: Bulgaria and...

Region: Bulgaria and Albania strengthen energy cooperation with new memorandum and European Energy Corridor VIII plans

Bulgaria’s Minister of Energy, Vladimir Malinov, and Albania’s Deputy Prime Minister and Minister of Energy, Belinda Balluku, discussed the development of the European Energy Corridor VIII project and the prospects for bilateral cooperation in the energy sector. The two ministers agreed to sign a Memorandum of Energy Cooperation in Sofia, aimed at deepening the energy ties between their countries. This agreement was reached during a meeting held at COP29.

Minister Malinov emphasized Bulgaria’s role as a key regional energy player, highlighting the country’s significant progress in securing energy supply and diversifying sources. He pointed out that Bulgaria’s integration of natural gas and electricity markets in Central and Southeastern Europe guarantees energy supplies to consumers in the region. Since October of this year, Bulgaria has been receiving natural gas from alternative sources, including the terminal in Alexandroupolis, where it holds a 20% share.

The ministers also expressed their shared commitment to working together on energy transformation. In this context, Bulgaria will share its expertise on the development of renewable energy sources (RES), electricity storage, and energy efficiency with Albania. Minister Malinov updated his Albanian counterpart on Bulgaria’s progress with large-scale RES projects under the National Recovery and Resilience Plan. The successful implementation of these projects will add around 3,000 megawatts (MW) of installed renewable energy capacity, as well as over 1,000 MW of storage capacity.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Serbia: EU Carbon Border Tax poses major challenge for power sector and energy transition

From 2026, Serbia will fall under the EU’s Carbon Border Adjustment Mechanism (CBAM), which imposes additional costs on carbon-intensive exports to the Union. According to the Fiscal Council, the state-owned power utility EPS, which supplies most of the country’s...

Montenegro: EPCG confirms TPP Pljevlja reconstruction on schedule and within budget

Montenegro’s state-owned power utility EPCG has issued a statement refuting media reports that questioned the progress of the ecological reconstruction of the Pljevlja thermal power plant. The company emphasized that the project is advancing as planned and remains fully...

Greece: DESFA launches tender for pipeline linking Alexandroupoli gas plant to national network

The Greek natural gas transmission system operator DESFA has announced a tender worth 1.22 million euros for the supply of steel pipes needed to construct a new pipeline that will connect the planned Alexandroupoli gas-fired power plant to the...
Supported byVirtu Energy
error: Content is protected !!