NPC Ukrenergo will procure power system support services in advance from distributed generation facilities under construction, the company’s Chairman of the Board Volodymyr Kudrytskyi has said. “Ukrenergo will buy power system balancing services from new power plants for 5 years. We will sign contracts with power plants that have not yet been built for 5…
In June, Bulgaria’s annual inflation rate rose to 2.5%, up from 2.3% in May, as reported by the National Statistical Institute. However, the month of June itself experienced a deflation of 0.2%, consistent with the previous month’s change. In June, there was a minimal price growth noted in health services and the entertainment and culture…
The European Commission has approved Polish plans to use around EUR 194 million (900 million zloty) of EU funds towards construction of a terminal for offshore wind farms in the city of Gdansk. The terminal will be located at the Baltic Hub – Poland’s largest container port – and will facilitate the installation and servicing…
Bulgaria’s position in the annual innovation index released by the European Commission places it between Montenegro and North Macedonia. The country ranks after Turkey and Montenegro but ahead of North Macedonia and Albania, remaining in the “emerging innovators” category with a score of 46% of the EU average for 2024. This score is below both…
Minister of Energy German Galushchenko held a meeting with the delegation from the European Bank for Reconstruction and Development, headed by Managing Director for Ukraine and Moldova Arvid Turkner. This was reported by the ministry’s press service. “The parties discussed the instruments and specifics of providing financial assistance to Ukraine for the purchase of energy…