• Business
  • Entertainment
  • Health
  • News
  • Sport
  • Tech
  • World
Newsy Today
news of today
Home - ток
Tag:

ток

News

Bulgaria’s Push to Become a Carbon-Free Electricity Exporter: A Sustainable Energy Revolution

by Chief Editor February 25, 2025
written by Chief Editor

Empowering Energy: The Future of International Electrical Energy Transit

As global energy demands shift, the concept of strong collaboration between nations over shared energy goals has emerged as a crucial strategy. Minister of Energy Zhelyozov Stankev’s poignant statement encapsulates this sentiment: “When we stand alone, we are weak. But when we speak of states’ common goals, we are strong to find solutions to all problems.” This perspective is driving current projects seeking enhanced transnational energy connectivity to address energy price and supply challenges.

EU’s Dual-Speed Energy Sector

The European Union is navigating the complexities of disparate regional energy speeds. Particularly in the southeast, energy prices remain notably high compared to the northwest. “If we increase storage capacity and inter-system connectivity, all constraints will vanish, allowing market forces to dictate electricity pricing,” comments Angelin Tsachev, Deputy Director of the Energy System Operator.

By accelerating the digitization of the power grid from 220 kilovolts to 400 kilovolts, Bulgaria plans to significantly boost its transit capacity by 4-5 times. New transit routes are in development to enhance connectivity with neighboring countries, aiming to at least double current capacity.

Innovative Energy Corridors

Minister Stankev aims for Bulgaria to become a net exporter of electricity, a goal heavily reliant on increased system connectivity. The importance of this theory was highlighted at a conference organized by Ministry of Energy, featuring key regional partners, financial bodies, and industry representatives.

Proposals from Bulgaria involve two main transit corridors: east-west and north-south. The east-west begins in Azerbaijan, passing through nations like Serbia and ending in Italy, aiming to leverage wind and solar energy from the Caspian Sea. The north-south corridor, starting in Greece and passing through central Europe, aims to harness solar energy effectively.

Participants noted that while infrastructure investments are vital, there is a need for coordinated efforts and robust frameworks to support these ambitious projects. The absence of sufficient funding channels in the European Investment Plan for connecting Variable Energy Installations (VEIs) remains a critical issue.

Energy Storage: The Overlooked Pillar

Energy storage is another critical facet, helping to balance the grid by releasing energy when needed. “Europe wastes energy equivalent to billions in revenue simply due to storage limitations,” says Tsachev. Enhancing storage capacity is thus a top priority.

Frequently Asked Questions (FAQs)

What are the benefits of increased energy connectivity?

Better energy connectivity stabilizes prices, ensures reliable supply, and allows better integration of renewable sources.

How does energy storage contribute to grid stability?

By storing excess energy during low demand periods and releasing it during peak demand, storage systems help maintain a balanced supply-demand ratio.

Why is Bulgaria focusing on becoming a net electricity exporter?

Becoming a net exporter allows Bulgaria to leverage its renewable energy resources, bolster economic prospects, and play a key role in regional energy security.

Did you know? Bulgaria’s strategic location makes it a vital transit hub for energy in the Balkans, offering immense potential for future growth and resilience against regional energy crises.

Call to Action

As you explore the complexities of the energy landscape, continue the conversation by commenting below or exploring more articles on our site. Don’t forget to subscribe to our newsletter for the latest insights on the future of energy.

February 25, 2025 0 comments
0 FacebookTwitterPinterestEmail
News

Business and Unions Protest Higher Power Prices, Shut Down Highways

by Chief Editor January 10, 2025
written by Chief Editor

Headline: Bulgarian Employers and Unions Protest Soaring Energy Prices, Demand Immediate Action

Subhead: Thousands ready to gather in Sofia, block major highways as industry leaders warn of impending crisis

Bulgaria – Thousands of business owners and trade unionists are expected to hit the streets of Sofia on January 15th at 11 AM, marching to the "triangle of power" to demand immediate action from the government to extend energy compensation schemes set to expire in 2025.

Representatives of both groups have announced that they will also block the Struma Highway ("АМ Тракия") and the route between Sofia and Varna via Veliko Tarnovo, in a show of force designed to highlight the urgency of the situation.

Energy Prices Reach Record Highs

The compensation ceiling, previously set at 180 leva (€91.5) per megawatt-hour, has surged to up to 305 leva (€155.5) in recent weeks. Vasil Velev, chairman of the Union of Chambers of the Association of Industrial Capital in Bulgaria (AICB), revealed that average compensation prices have more than doubled over the past two months.

Velev stated that Bulgarian energy prices are now 50% higher than in countries like Germany, France, or Poland, and significantly higher than in Scandinavia. He warns that the escalating costs will be passed on to consumers, potentially leading to job losses and business closures.

"Bulgarian businesses exporting goods will have to cease operations or lay off workers," Velev warned.

Factures Set to Double for Many Businesses

Dobri Mitrev, chairman of the Union of Chambers of the Bulgarian Chamber of Commerce (BCC), echoed these concerns, noting that companies will soon receive electricity bills for December with charges of around 320 leva (€163.5) per megawatt-hour, excluding taxes. This includes no compensation for businesses that have already produced and sold goods, effectively doubling their energy costs.

"Every Bulgarian citizen will suffer if we fail to address this issue," Mitrev said, urging the political elite to make a clear choice between letting businesses collapse or extending the compensation scheme.

Calls for Long-term Solutions and Government Action

The Bulgarian Industrial Capital Association (BICA), the Bulgarian Chamber of Commerce and Industry (BCCI), and the Confederation of Employers and Industrialists in Bulgaria (KRIB) have all called for concrete action to address the soaring energy prices. They have demanded long-term solutions, including the implementation of long-term energy supply contracts, energy efficiency initiatives, and investments in renewable energy.

"Our members expect the government to take decisive action, not just words," said Konstantin Stamenov of KRIB. "Without proper support, Bulgarian businesses risk being left behind in the European market, and our workers will suffer the consequences."

Trade unions, represented by the Confederation of Independent Trade Unions in Bulgaria (CITUB) and the Confederation of Labour "Podkrepa," have also joined the protests, warning that high energy costs threaten jobs and salaries.

In the face of increasing pressure, the government must act swiftly to mitigate the impact of spiraling energy prices on Bulgarian businesses and consumers alike.

January 10, 2025 0 comments
0 FacebookTwitterPinterestEmail
News

Peew ski seek new elections, not cabinet shuffles

by Chief Editor January 9, 2025
written by Chief Editor

Title: Deadlock in Bulgaria: DPS-Novo Načalo Urges Form Government or New Elections

The leader of DPS-Novo Načalo, Delyan Peevski, has entreated ongoing negotiating teams from GERB, Demokratichna Bulgaria, BSP-Obuchina Lyevitza, and "Imat takyv narond" to either establish a government or proceed to fresh early parliamentary elections. Addressing journalists at the Party House, Peevski emphasized the necessity of forming a government, warning that failure to do so would lead to new elections.

"People should re-rank parties based on who will get the work done," Peevski asserted, expressing confidence that DPS-Novo Načalo’s daily efforts for the people will escalate their trust and make them the leading party in new elections.

Meanwhile, DPS-Novo Načalo’s priorities focus on legislation benefiting the people. Today’s meeting of the Chairmanship Council discussed the lack of active energy and other committees, but Peevski lamented theettet’s indifference to surging electricity and gas prices, with over 100 million levs set to enrich gas oligarch Sasho Donchev with KEGV’s assistance.

When queried about fellow MPs’ rejection of DPS-Novo Načalo’s proposal for a moratorium on electricity price hikes and zero VAT on bread, Peevski attributed the resistance to energy oligarchs’ influence. "The robbery is monstrous," he declared, "and colleagues don’t understand why they’re in the National Assembly."

In response to questions about supporting Borislav Sarafov’s candidacy for Chief Prosecutor, Peevski swiftly rejected Ivo Prokopiev, whom he labeled a "Soros-like oligarch with eTablets." Peevski declined to comment on whether his parliamentary group would support judicial authority law amendments or how they would vote in the plenary.

As negotiations among GERB, Demokratichna Bulgaria, BSP-Obuchina Lyevitza, and "Imat takyv narond" remained silent about failed cabinet talks, DPS-Novo Načalo pushed for action, advocating for a government or new elections to address Bulgarians’ pressing needs.

January 9, 2025 0 comments
0 FacebookTwitterPinterestEmail
News

Rustic Treasures from the Rodopi Villages Illuminate Festive Celebrations

by Chief Editor January 6, 2025
written by Chief Editor

Bulgarian Homes Compensated After Christmas Blackouts; Electricity Distributors Face Penalties

Residents of Rhodope villages near Plovdiv have started submitting collective complaints, demanding compensation for the Christmas spent in the dark and cold. This comes after the government announced a 2 millionBGN ($1.22 million USD) budget allocation to compensate families affected by the power outages.

The funds will be distributed among more than 20,000 households in the most affected regions. Additionally, each of the three electricity distribution companies (ESOs) must pay the penalties outlined in their network access agreements.

Manastir village has already submitted its online complaint through EVN to the Energy and Water Regulatory Commission (EWRC), with Sitovo preparing to do the same. The municipality of "Rhodopes" has taken responsibility for submitting complaints on behalf of the highland villages of Churen and Sdobovan.

Sitovo residents calculated that each household should receive around 400 BGN ($244 USD) in compensation. "Electricity stopped on December 21st and was only restored in the last house on January 1st. We were without power for almost 12 days, and the village has disabled residents and even had visitors with young children during the holidays," explained Velidena Skratchova, a former mayor and current president of the local community center.

Manastir residents spent eight days without power, leading to canceled reservations at local guesthouses and forcing some owners to leave the village due to the cold and darkness. Power lines were damaged by heavy snowfall, with some areas receiving up to 1.15 meters of snow.

Each ESO must now pay the penalties outlined in their contracts, while families will receive compensation from the allocated budget.

January 6, 2025 0 comments
0 FacebookTwitterPinterestEmail
News

"Protest Unfolds in Lovetch against Eurohold for Power Outages; Victims Doubt Compensation"

by Chief Editor January 2, 2025
written by Chief Editor

Lovetch Residents Stage Second Protest Amid Persistent Power Crisis, Ruining Festive Season

Residents of Lovetch, a city in Bulgaria, have once again taken to the streets to protest the ongoing power crisis that has left hundreds of families without electricity for days, ruining their festive seasons. The protest happened in front of the local electricity distribution company’s office, with Mito Stoev from BNT reporting the incident.

The power outages began a week ago, lasting between four to six days in some cases. The heavy snowfall caused damage to electrical lines, leaving many in the dark and cold. The crisis has been so severe that Lovetch’s mayor has filed complaints with the Ombudsman, the Minister of Energy, and the local electricity company. A collective lawsuit is also being prepared due to the extended power outages in the region.

Earlier this month, frustrated residents had blocked a section of the Sofia-Varna highway at the Abidzhtitsa intersection. Today, they gathered at the "Electrohald" office in Lovetch. The protests come after weeks of disruptive power problems in the area.

"$100 million for the World Cup, and we’re left without power… Sometimes I wonder if we’re the third world. Let them go and play football somewhere else, and get us electricity," vented Krasimir Pavlikyanov from Dontrav village.

Mayor Strachimir Petkov acknowledged the difficulties, stating, "The municipality has supported the inhabitants in their complaints to ‘Electrohold’, which cover general conditions as well as compensation for damaged electrical appliances."

However, residents are skeptical about receiving any compensation. Meanwhile, power supply has been restored to all settlements in the Lovetch Region. In other news, the price of water in the region has been adjusted, with Lovetch seeing a reduction of 0.04 BGN per cubic meter, bringing the price down to 4.85 BGN. Unfortunately, residents of Pleven will face an increase, with prices rising to 4.91 BGN from the previous 4.46 BGN.

January 2, 2025 0 comments
0 FacebookTwitterPinterestEmail
News

A New Year of Darkness: Where the Power Still Remains Elusive

by Chief Editor December 31, 2024
written by Chief Editor

Thousands Still Without Power: Loviech, Troyan Residents Brace for Seventh Day of Outages

Residents in Loviech and Troyan are nearing the end of their sixth day without electricity, with local officials scrambling to restore power and seeking compensation for the prolonged outages. The New Year’s holiday has brought little respite for these communities, with some areas still awaiting resolution.

Loviech Mayor Straciimir Petkov said that over 15 households have reported being without power. "We have assurance from the electricity distribution company that no subscriber will be left without power by New Year’s Eve," he stated, but added that the ongoing issues have led to collective complaints being filed with the ombudsman, energy minister, regional governor, and Western Regional Electricity Management.

Petkov also mentioned plans for legal action against the electricity provider, saying, "We will seek compensation for the inconvenience caused during the most joyous holidays."

Troyan Mayor Donka Mikhailova reported that isolated subscribers in seven villages remain without power due to a lack of phase supply, although major distribution issues have been addressed. She expressed hope that power would be restored before New Year’s, keeping her in constant contact with the energy minister.

Residents in both municipalities have begun preparing for a potential new civil protest on January 2 in front of the local electrical company’s office.

In related news, communities around Bozhentsi and some neighborhoods in Gabrovo continue to suffer power outages. Inhabitants have been resorting to generators for warmth and cooking, expressing discontent with the insufficient compensation for the disruption during the holidays.

Meanwhile, the Cabinet approved additional compensation worth 2 million BGN for 20,000 households affected by the outages. The situation remains fluid, with affected communities eagerly awaiting news on when their power will be restored.

Follow Google News Showcase for continued coverage of this developing story.

December 31, 2024 0 comments
0 FacebookTwitterPinterestEmail
News

“Peevski’s Resignation Calls in KERV: A display of cynicism?

by Chief Editor December 30, 2024
written by Chief Editor

Power Crisis Sparks Call for Resignations in Bulgarian Energy Sector

Citing ongoing power outages and crises, Delian Peevski, the leader of "DPS-Novo vreme," has demanded immediate resignations from the energy sector’s top brass. In a statement issued today, Peevski singled out Ivan Ivanov, Alexander Jordanov, Blagoy Golubarev, Dimitar Kochkov, and Penka Trendafilova—members of the State Energy and Water Regulatory Commission (SEWRC)—urging them to step down in the face of the devastating power shortage affecting thousands of households and hundreds of settlements across the country.

"We support every fair protest from those affected by the power crisis," Peevski said. "DPS-Novo vreme will introduce a proposal in the National Assembly to dismiss the SEWRC members and initiate the process of electing a new regulatory body." Peevski added that the authorities have failed to meet their responsibilities, leaving citizens without adequate power supply.

Peevski further criticized the SEWRC for announcing an extraordinary inspection during the crisis, only to disappear from the public eye once again. "They should stop hiding behind expired mandates, insufficient authority, or challenging weather conditions and take responsibility for their failure to maintain the Electricity Distribution System," Peevski said, questioning potential ties between the committee members and business interests.

Citing episodes of power disruption due to snowfall and the inability of distribution companies to keep up with network maintenance, Peevski stressed the need for a resolution. "The resourcefulness of Bulgarian taxpayers is being squandered on these utilities, and it’s unacceptable that their request for a 9% price hike effective January 1, 2025, is even being considered," Peevski concluded.

December 30, 2024 0 comments
0 FacebookTwitterPinterestEmail
News

Homeless Family Endures Power and Food Shortage Amidst Unprecedented Hardship

by Chief Editor December 29, 2024
written by Chief Editor

Title: Stranded Family Rescued from Remote Bulgarian Village Without Power or Food

In a heartwarming display of community spirit, a family from G 제거워크 was rescued from their home in the remote village of K Kataras rei, near Tievei, after being stranded for days without electricity or food. The family, consisting of two women and a man, had traveled to their family home in the village before the holidays and found themselves cutoff due to harsh winter conditions.

The rescue operation was a collaborative effort involving multiple local bodies. The Regional Directorate "Fire Safety and Civil Protection" – Gabrovo provided high Clearanceion vehicles to transport the family to safety. Two firefighters from the RD, the head of the Local Fire Safety Service – Tievei, Stoyan Stoyanov, and the director of the Municipal Enterprise for Greening – Plamen Кралев also participated in the rescue mission.

Upon their rescue, the family was immediately provided with food and water. The rescue team, operating a second UTV, is currently assisting "Eneo-Pro" in repairing damages and restoring electricity in the nearby village of Fervei.

This story serves as a reminder of the importance of community support in times of adversity and the dedication of our emergency services in ensuring the safety and well-being of all citizens.

December 29, 2024 0 comments
0 FacebookTwitterPinterestEmail
News

Alarm in the Restaurant Industry: Millions Lost Due to Fuel Crisis

by Chief Editor December 29, 2024
written by Chief Editor

Headline: Bulgaria’s Hospitality Sector Slams Power Outages During Snowstorms, Urging Action for Tourists

In a stark rebuke of repeated power outages, particularly in ski resorts across the country, Bulgarian Hospitality Association and the Hotel and Restaurant Association in Bulgaria have jointly expressed outrage. They are calling for immediate action to prevent the disruption of tourism activities, which they argue are vital to the country’s economy.

The hospitality industry reports that power cuts are causing cancellations of bookings, ruining holiday plans for thousands, and inflicting significant financial losses – amounting to hundreds of thousands of levs – not to mention the missed tax revenues during peak tourist seasons.

"We’re in the 21st century, yet we face chaos every time it snows," said representatives from both associations. "Tourists are stranded on roads, with trees falling on their vehicles, and during summer, they’re stuck in kilometer-long traffic jams due to poorly planned roadworks."

Moreover, they criticized the government’s plans to increase excise duties on spirits and beer, and rumored hikes in VAT for hospitality businesses, saying these would only add to their burden.

The associations emphasized that it’s high time institutions took their role in ensuring basic living conditions for tourists seriously, to avoid embarrassing the country in the eyes of its citizens and visitors alike. They urged decision-makers to address these issues promptly to boost Bulgaria’s tourism potential and reputation.

December 29, 2024 0 comments
0 FacebookTwitterPinterestEmail
News

Tensions Emerge as Troyan District Boss Avoids Serious Injury in Power Struggle

by Chief Editor December 29, 2024
written by Chief Editor

Hundreds Protest Power Outage in Troyan; Thousands Struggle Through Fourth Day Without Electricity

TROYAN, BULGARIA — Hundreds of residents took to the streets in a spontaneous protest today, assembled outside the regional energy distribution company’s office in Troyan. Locals have been without power for four days, with no clear resolution in sight.

The impromptu protest saw participants attempt to gain access to the building, seeking an explanation from the investment director. As he exited, the director’s car nearly struck one of the protesters, according to Nova TV.

With Christmas celebrations ongoing, thousands are left in the cold and dark. Since the beginning of the holidays, all 21 settlements in the Troyan region have experienced temporary power outages. The heavy snowfall, with snow depth reaching 95 cm in some areas, has been cited as the primary cause.

While power has been restored to most areas, five out of 21 settlements remain without electricity, as confirmed by Troyan Mayor Donka Mihailova.

The community has been left scrambling for solutions, with many relying on diversions like gas-powered heaters and temporary generators. The sporadic nature of the outages has only added to the frustration, leaving people unsure when, or if, their power will be restored.

Authorities have assured residents that they are working tirelessly to resolve the issue. However, with the heavy snowfall expected to continue in the coming days, fears remain that the situation could worsen before it improves.

For the latest updates on this story, follow us throughout the day and stay informed with Google News Showcase.

December 29, 2024 0 comments
0 FacebookTwitterPinterestEmail
Newer Posts
Older Posts

Recent Posts

  • 1 in 5 Teens Turn to AI for Mental Health Support

    June 2, 2026
  • Rice Physicists Advance Quantum Entanglement Retrieval

    June 2, 2026
  • Lyannah Disappearance: Suspect Previously Accused of Rape by Daughter’s Friend

    June 2, 2026
  • Microsoft Unveils Project Solara for Mobile AI Devices

    June 2, 2026
  • Nhlamulo Sambo Murder: Police Dismiss Xenophobic Motive

    June 2, 2026

Popular Posts

  • 1

    Maya Jama flaunts her taut midriff in a white crop top and denim jeans during holiday as she shares New York pub crawl story

    April 5, 2025
  • 2

    Saar-Unternehmen hoffen auf tiefgreifende Reformen

    March 26, 2025
  • 3

    Marta Daddato: vita e racconti tra YouTube e podcast

    April 7, 2025
  • 4

    Unlocking Success: Why the FPÖ Could Outperform Projections and Transform Austria’s Political Landscape

    April 26, 2025
  • 5

    Mecimapro Apologizes for DAY6 Concert Chaos: Understanding the Controversy

    May 6, 2025

Follow Me

Follow Me
  • Cookie Policy
  • CORRECTIONS POLICY
  • PRIVACY POLICY
  • TERMS OF SERVICE

Hosted by Byohosting – Most Recommended Web Hosting – for complains, abuse, advertising contact: o f f i c e @byohosting.com


Back To Top
Newsy Today
  • Business
  • Entertainment
  • Health
  • News
  • Sport
  • Tech
  • World