A Korea-Bulgaria Energy Forum titled “Clean, Secure, Competitive: The Energy Mix for Strategic Autonomy” was held at the Grand Hotel Millennium Sofia on Thursday. Organized by the Center for the Study of Democracy and the Embassy of the Republic of Korea in Bulgaria, and the Korea Trade-Investment Promotion Agency, the event brought together leading policymakers, industry executives, and experts from Bulgaria, South Korea, and across Europe to discuss nuclear energy, renewables, hydrogen, smart technologies, and sustainable investment.
Among the participants were Energy Minister Zhecho Stankov, Deputy Innovation and Growth Minister Martin Danovski, аnd Bulgarian Energy Holding Executive Director Valentin Nikolov.
Addressing the forum, Minister Stankov said that Bulgaria has the potential to become the balancing energy power of the Balkans, noting plans for cooperation with investors such as Hyundai and Samsung. He identified energy security, decarbonization, and maintaining the competitiveness of Bulgarian businesses as key priorities, adding that the Cabinet and Parliament have decided to invest in nuclear energy. Stankov underscored the importance of working with partners from the Republic of Korea, noting that investment opportunities exist not only in large nuclear reactors but also in small modular reactors. The Minister also underlined the importance of investing in energy storage systems as part of the transition to a more resilient and sustainable energy mix.
Ambassador Dong-bae Kim said that his country is moving towards carbon neutrality through innovation, and that Bulgaria and the Republic of Korea share a common vision for achieving energy security while expanding their cooperation. Korean companies are ready to contribute to Bulgaria’s low-carbon transition with their innovative solutions, the Ambassador noted, adding that Korean investors are already present in solar energy production in the Veliko Tarnovo region. He expressed hope that this collaboration will expand into new areas.
Ruslan Stefanov, Program Director at the Center for the Study of Democracy, described the Republic of Korea as a strong friend of Bulgaria in the current geopolitical context. He emphasized Bulgaria’s potential to diversify its energy mix and use artificial intelligence and rare earth minerals to support this transformation. He added that electricity generation from diverse sources requires investment for the future. Korea-Bulgaria Energy Forum Held in Sofia THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2025-10-30 18:14:36 Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law