Declining energy storage costs and expanding renewables capacity will enable Europe to meet the challenge of intensified electrification and rising consumption, according to Eric Scotto, CEO of Akuo Energy. Thanks to falling costs, renewable energy has already won the race against nuclear power, he emphasized at Belgrade Energy Forum 2025. The price of energy storage […]
Energy transition in Southeastern Europe is accelerating, and the progress depends on individual countries’ strategies and legal frameworks. At the Belgrade Energy Forum (BEF 2025), representatives of state-owned power utilities and private producers discussed the different approaches to decarbonization. The domination of investments in renewable energy is unquestionable, but there are also ambitions to develop […]
Minister of Energy of Romania Sebastian Burduja and Minister of Energy of Bulgaria Zhecho Stankov both met with United States Secretary of Energy Chris Wright and discussed bilateral cooperation in projects in their countries including for pumped storage hydropower plants and nuclear power plants. Burduja said studies would be conducted with American support for a […]
Bulgaria’s minority government decided to call off the planned sale of equipment from the failed Belene nuclear power project to Ukraine’s Energoatom and reactivate the plans. There is an idea to attract investments in data centers that could be supplied with the electricity. At the same time, state-owned Bulgarian Energy Holding is preparing to build […]