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Geothermal energy is the cheapest substitute for coal-fired power plants
Georgi Stefanov, member of the Management Board of the Bulgarian Association Geothermal Energy (BAGE) https://www.bloombergtv.bg/a/17-v-razvitie/153622-geotermalnata-energiya-e-nay-evtiniyat-zamestitel-na-vaglishtnite-tets Bloomberg TV Bulgaria: Geothermal energy is the cheapest, most effective, and easiest solution for replacing sources of baseload thermal energy capacity in Bulgaria, including coal-fired power plants. Unlike solar and wind energy, it is a local resource wit
Dec 17, 2025


BAGE Supports Call for a European Geothermal Strategy
BAGE is proud to stand alongside leading organisations, under the auspices of EGEC, in advocating for a dedicated European Geothermal Strategy and Action Plan. Recent sector-wide efforts across the geothermal community highlight the urgent need for Europe to catch up as global geothermal capacity is set to expand rapidly. A coherent EU strategy is essential to strengthen Europe’s energy security, competitiveness, and progress toward climate neutrality by 2050. The approach
Dec 12, 2025


Geothermal Energy as a Strategic Resource: Meeting between the Bulgarian Association Geothermal Energy (BAGE) and the Embassy of the Netherlands in Sofia
Over the past week, the Bulgarian Association Geothermal Energy (BAGE) held a working meeting with representatives of the Embassy of the Kingdom of the Netherlands in Sofia , dedicated to exploring opportunities to support and advance the development of geothermal energy in Bulgaria and its application in greenhouse production . During the meeting, key challenges facing the Bulgarian greenhouse sector were discussed, including high energy costs and a lower level of impleme
Dec 8, 2025


BAGE will participate in the Geothermal Innovation Days in Strasbourg and will begin working with municipalities in December 2025.
The Bulgarian Association Geothermal Energy (BAGE) will take part in Geothermal Innovation Days 2025 in Strasbourg on December 3–4. The event is a leading European forum organized by ETIP-Geothermal and supported by the European Commission, bringing together experts, institutions, industry representatives and local authorities from across Europe. During the forum, key directions for the upcoming European Geothermal Action Plan , which the European Commission will publish in
Dec 1, 2025


Construction of the first geothermal power plant in Bulgaria
In the Zlatograd region, construction has begun on Bulgaria’s first geothermal power plant, which will use geothermal water to generate electricity. The news was announced by industrialist Prof. Nikolay Valkanov. So far, the specific parameters of the project have not been provided to the local municipal administration. https://frognews.bg/obshtestvo/aktualno/stroiat-parvata-geotermalna-elektrotsentrala-balgariia.html The mayor of Zlatograd, Miroslav Yanchev, expressed satisf
Oct 1, 2025


Bulgaria Welcomes EC Plan for Geothermal Energy Development, Minister Malinov Says
https://www.bta.bg/en/news/economy/800989-bulgaria-welcomes-ec-plan-for-geothermal-energy-development-minister-malinov-sa#geothermal
Dec 16, 2024


Signing of Strategic Collaboration Agreement between Hyper Energy and Eavor Technologies
Hyper Energy and Eavor Technologies will be collaborating to identify geothermal development opportunities in Bulgaria and Southeast...
Nov 7, 2024


BAGE welcoming on board the newest member Pangea Filtration Technology, LLC
Pangea is a USA advanced energy developer with a global ecosystem of relationships delivering a unique Triple Green Bottom Line™ program...
Jul 25, 2024


BAGE lead partner and member presents "Geological Breakthroughs Powering Energy Security" at the center court of the Pentagon and George Mason University
https://www.openpr.com/news/3479594/sofia-s-terroleum-ugc-limited-displays-at-the-pentagon
May 14, 2024
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