The situation with the extreme prices of the balancing energy is not solely the fault of the electricity traders. This is what the members of the Association of Energy Traders in Bulgaria (ATEB) write in an open letter to RES producers and end-users of electricity. The letter, signed by the Chairman of the Board of Directors of ATEB Atanas Dimov, states that after...
Almost two-thirds of new wind and solar plants under construction worldwide are in China, where growing renewable capacity has pushed coal's share of generation to new lows, new research has shown. China is building 339 gigawatts (GW) of wind and solar capacity, or 64% of the global total,…
At the initiative of Budapest, EU agriculture ministers will discuss on Monday (July 15) whether insects, plant foods or lab-grown meat could threaten European culinary traditions, reports Euractiv. According to a notice from the Hungarian Presidency of the Council circulated to EU delegations, the 27 ministers will hold an informal exchange of views on the subject during…
Amazon has achieved its goal to have all the electricity it consumes globally from renewable sources. The company aimed to reach net zero carbon emissions by 2040, and in 2019 the company set a goal of meeting 100% of its electricity consumption with renewable energy by 2030. This goal has already…
"Bulgargaz" has sent an official proposal to "Botash" to renegotiate the agreement between the two companies for access to liquefied gas terminals on July 4. In addition, a draft supplementary agreement is attached to the letter. This was announced by the Acting Minister of Energy Vladimir Malinov during a hearing in the Parliament, BTA reports. According to him...
Small and medium-sized enterprises (SMEs) often struggle with where to start on their ESG reporting journey. To address this, ESGRI offers a free, comprehensive ESG report that provides clarity and direction. “Many SMEs struggle to know where to start and unfortunately the options out there are too expensive. Our vision…
The UK's new Labor government has effectively lifted the ban on onshore wind farms in England, opening up the potential for every home in the UK to be powered by clean energy, Euronews reports. New finance minister Rachel Reeves has announced she will end the Conservatives' "absurd" restrictions on wind farms…
The Global Reporting Initiative (GRI) has announced the launch of a new GRI-ESRS linking service, which aims to enable companies reporting under its disclosure standards to align with European sustainability reporting standards ( ESRS), which underpin the new EU Corporate Reporting Directive…
Photovoltaic plants will be built in kindergartens and schools in six Varna municipalities, the Regional Information Center in the seaside town announced today. The financing has a total value of BGN 4, provided by the Rural Development Program. The implementation of the projects should be completed by September 790. The Center specified that the funding...
Leaders of member states gather to mark NATO's 75th anniversary in Washington. At the same time, scientists warn that their military budgets are literally eating away at the climate, producing an estimated 233 million metric tons of greenhouse gases last year. This is more pollution on an annual basis than some entire countries, writes the Guardian. “Our research shows that military…
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