Rheinmetall CEO: Securing NATO’s Eastern Flank Key as Bulgaria Hosts New Defense Plants
Armin Papperger, CEO of the German arms manufacturer Rheinmetall, stressed the critical importance of securing NATO’s eastern flank
File photo
The latest report of the European Environment Agency (EEA) shows that renewable energy sources have been an important driving force in reducing greenhouse gas emissions in Europe.
According to the report entitled “Renewable energy in Europe – approximated recent growth and knock-on effects”, greenhouse gas emissions would have been 7 % higher without renewables.
The report notes that the consumption of wind, solar, biomass and other renewable energy sources increased in all member states in 2013.
At the EU level, the share of renewables increased to 15 %, which is above the 12 % target, which had been set out by the Renewable Energy Directive.
The EU aims to generate 20 % of its energy from renewable sources by 2020, while this share is expected to increase to 55-75 % by 2050
The countries, where renewable energy constituted more than one third of final energy consumption were Sweden, Latvia, Finland and Austria.
Malta, Luxembourg, the Netherlands and the UK were at the opposite end, as there renewables made less than 5 % of final energy consumption.
In Bulgaria, renewable energy sources made 16.3 % of total energy consumption in 2012, increasing to 17.2 % in 2013.
The report also concludes that renewable technologies provide greater energy security.
EEA's Executive Director Hans Bruyninckx said that renewable energy was quickly becoming Europe's success story and if it developed further it could become a motor for economic growth.
Other factors, such as the policies and measures designed to reduce emissions and the improved energy efficiency, were also responsible for the reduction in greenhouse gas emissions.
Bulgaria’s government is moving quickly to introduce legislation that would allow the appointment of a special state manager to oversee the operations of Lukoil in the country.
Police in Stara Zagora, Bulgaria, have uncovered an organized criminal group responsible for siphoning large amounts of fuel from a Lukoil pipeline located south of the city.
The European Commission has urged Bulgaria to move faster on expanding the capacity of the Chiren gas storage facility
Former Energy Minister Alexander Nikolov has warned that Bulgaria could face substantial economic losses due to the recent parliamentary decision to ban Lukoil from exporting diesel and aviation fuel
Bulgaria is holding consultations with Washington to explore the possibility of obtaining a temporary exemption from the new US sanctions imposed on Russian oil companies, including Lukoil
The Bulgarian Parliament has approved a temporary ban on the export and intra-Community supply of petroleum products
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