Revolutionizing Bulgaria’s Energy: NEK Unleashes Massive Battery Storage Plans
Bulgaria's NEK is launching a 10 MWh battery energy storage system at Vacha 1 hydropower plant by the end of the year. The project is part of a larger effort,…
Sustainable Development refers to the organizing principle for meeting human developmental goals while simultaneously sustaining the ability of natural systems to provide the resources and ecosystem services upon which the economy and society depend. It seeks to balance economic growth, social inclusion, and environmental protection to ensure a healthy and viable planet for future generations. The concept emphasizes that development should not compromise the needs of future generations and advocates for practices that promote welfare without degrading the environment or depleting natural resources. Sustainable development encompasses various dimensions, including sustainable economic growth, reduction of poverty, preservation of biodiversity, and ensuring equitable access to resources and opportunities. It is often framed within the context of the United Nations’ Sustainable Development Goals (SDGs), which outline a global agenda to address pressing issues such as climate change, inequality, and sustainable consumption patterns. Ultimately, sustainable development aims to create a resilient and sustainable future for both people and the planet.
Bulgaria's NEK is launching a 10 MWh battery energy storage system at Vacha 1 hydropower plant by the end of the year. The project is part of a larger effort,…