How much money is needed for energy storage projects in Bulgaria?
The Ministry of Energy of Bulgaria prepared EUR 589 million in grants for standalone energy storage projects. The deadline for applications is November 21. With the surge in photovoltaic capacity, ambitious plans for renewables overall and a collapse in the coal power segment, Bulgaria needs urgent grid upgrades alongside energy storage.
How many project proposals were submitted in Bulgaria's energy storage procurement procedure?
A total of 151 project proposals were submitted in Bulgaria’s standalone energy storage procurement procedure named RESTORE, which is seeking to support the construction and commissioning of renewable energy storage facilities with a cumulative minimum usable capacity of 3 GWh.
Is Bulgaria planning a new energy storage facility?
Bulgaria is developing a plan for another two large facilities of the kind. The Ministry of Energy acknowledged that it is issuing the public call for standalone energy storage units after a long delay.
When will a Bulgarian electricity project be implemented?
The investments under the procedure must be implemented and the facilities connected to the electricity transmission and distribution networks on the territory of Bulgaria and put into operation by March 2026. In May 2025, the degree of maturity of the projects and their implementation will be checked.
Will a battery energy storage system be integrated with renewable electricity plants?
Bulgaria already held the first two tenders for battery energy storage systems (BESS) that would be integrated with renewable electricity plants. Renalfa IPP commissioned its first utility-scale battery energy storage system in June.
When does Bulgaria need a grid upgrade?
The deadline for applications is November 21. With the surge in photovoltaic capacity, ambitious plans for renewables overall and a collapse in the coal power segment, Bulgaria needs urgent grid upgrades alongside energy storage. Solar and wind power are intermittent – completely dependent on the weather.
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