Saturday, June 22, 2024
HomeHydrogenBulgaria's energy minister: flexible conditions for hydrogen development are required
Powered by

Bulgaria’s energy minister: flexible conditions for hydrogen development are required

Bulgaria has the potential to be a leader in green hydrogen production in the region, according toEnergy Minister Rossen Hristov.

Speaking at the meeting of the EU energy ministers in Luxembourg, he said that the hydrogen market is young, so we must provide the most flexible conditions for its development, taking into account the specificities and potential of each Member State. In his words, a comfortable transition period should be provided and existing resources and infrastructure should be used to reduce initial investments.

“Once we see how the market is actually evolving, we will be able to talk about more specific regulations to allow us to realize the full potential,” Mr Hristov stressed.

In this regard, Bulgaria joined the prepared non-paper from Slovakia for the presence of a common gas and water network operator, as well as France’s opinion on equal treatment of all low-carbon fuels. The various tariffs for renewable and low-carbon gases have also been supported to highlight the pursuit of renewable energy.

Sign up for our newsletters

    Monthly newsletter – Delivering the most important energy stories of the month selected by our Editor-in-chief
    Weekly Oil&Gas roundup - All major news about the oil and gas industry, LNG developments, the upscaling of new gases and related EU regulations arriving in your mailbox every Monday.
    Weekly Renewables&Climate roundup - All major news about investments in renewable energy sources, environment protection, green hydrogen and new innovative ways to tackle the climate crisis arriving in your mailbox every Tuesday.

    Most Popular