Natural Gas and Industrial Transformation in Bulgaria Cover Image

Природен газ и индустриална трансформация в България
Natural Gas and Industrial Transformation in Bulgaria

Author(s): Rosen Simitchiev
Subject(s): Politics / Political Sciences, Politics, Economy, National Economy, Energy and Environmental Studies, Economic policy, Environmental and Energy policy, EU-Approach / EU-Accession / EU-Development
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: energy policy; natural gas; energy transition; industrial transformation; national interests
Summary/Abstract: Does natural gas play a significant role in the context of the rapid deployment of renewable energy sources (RES), ensuring the reliable operation and balance of electricity 952systems? Is there currently a synergy between RES and natural gas? Is it appropriate for Bulgaria to consider the mentioned advantages of natural gas when formulating the new energy strategy and defending its interests within the framework of the EU’s common energy policy? In general, the energy transition is a historical process in which new primary energy sources begin to be used. However, old and new sources continue to coexist for a long period and typically shape the trend of any current industrial transformation. Under the present global trend of industrial transformation, haste and refusal to develop and simultaneously use existing sources - such as coal, natural gas and nuclear energy - create certain risks. Without ensuring the development of secure, sustainable and reliable new sources of energy, this inevitably leads to reduced competitiveness and deindustrialization. A major issue in Bulgarian energy policy is the lack of a defined national interest in the energy sector in the context of the current state of industrial transformation in the country.

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