Sustainability refers to the ability to maintain or uphold certain processes or conditions over the long term without depleting resources or causing harm to the environment. It encompasses a balanced approach to economic growth, social equity, and ecological health, ensuring that present needs are met without compromising the ability of future generations to meet their own needs. The concept often involves the responsible management of natural resources, minimizing waste and pollution, and promoting practices that support environmental conservation and regeneration. In a broader context, sustainability can apply to various fields, including agriculture, energy, business practices, and community development, emphasizing the interconnections between people, planet, and prosperity.
Bulgaria is preparing to launch a marketplace for trading guarantees of origin (GOs) for electricity, a move that’s key to aligning with the EU’s climate mandates. GOs certify the renewable origin of energy, with each GO representing 1 MWh, allowing businesses to demonstrate their commitment to sustainability. The Independent Bulgarian Energy Exchange (IBEX), in collaboration […]
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Electric vehicle (EV) batteries begin a second life once they degrade to about 70% of their initial capacity, extending their utility in innovative and eco-friendly ways. Repurposing offers an alternative to recycling, with second-life batteries powering low-energy applications and backup systems at festivals, construction sites, and telecommunications towers. Despite regulatory focus on recycling, especially in […]
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