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Deputy Minister Pavlov: Achieving climate neutrality by 2050 requires reducing emissions from electricity generation and consumption

Deputy Minister Pavlov: Achieving climate neutrality by 2050 requires reducing emissions from electricity generation and consumption

The greenhouse gas intensity of electricity generation varies considerably between Member States. Bulgaria, together with Poland, Estonia and Cyprus, is among the most carbon-intensive countries. Achieving climate neutrality by 2050 requires dramatic reductions in emissions from electricity generation and consumption. This was said by the Deputy Minister of Economy and Industry Nikolay Pavlov at the opening of the first international forum “Be Renewable 2023” on “Energy Evolution: European practices, local application”.

According to the deputy minister, increasing energy from renewable sources can reduce greenhouse gas emissions and contribute to the diversification of energy supplies.

Deputy Minister Pavlov: Achieving climate neutrality by 2050 requires reducing emissions from electricity generation and consumption

Deputy Minister Pavlov: Achieving climate neutrality by 2050 requires reducing emissions from electricity production and consumption. “EU legislation for promotion of renewable energy sources has evolved significantly in recent years,” said Nikolay Pavlov. In his words, in 2018 EU leaders set a target of 32% for renewables by 2030, and from this year, in line with the EU’s ambition to achieve climate neutrality by 2050, an increase of 42.5% is foreseen.

The Economic Deputy Minister wished the forum success in finding sustainable energy solutions and ways to successfully integrate them into the business models of the future.

The two-day Be Renewable 2023 event will showcase the latest innovations in renewable energy and provide participants with the opportunity to exchange ideas, experiences, successful practices and policies with international industry experts.

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