Bulgaria Launches Consultation for 3,000-MWh Storage Programme

• Bulgaria's energy ministry launches public consultation for electricity storage tender under NRRP, aiming to boost renewables with grants up to BGN 1.2 billion. RESTORE initiative to enhance energy infrastructure.

Bulgaria's energy ministry has initiated a public consultation on the terms for an electricity storage tender procedure under the National Recovery and Resilience Plan (NRRP). The program aims to add at least 3,000 MWh of storage capacity to the electricity transmission network, with almost BGN 1.2 billion in grant funding available to support selected projects. The grants will cover up to 50% of eligible costs, with a cap of BGN 371,608 per MWh without VAT.

The initiative, known as "National infrastructure for storage of electricity from renewable sources" (RESTORE), is designed to boost the share of renewables in Bulgaria's energy mix. Energy minister Vladimir Malinov emphasized the importance of storage facilities for balancing and managing the electricity system, ensuring security and stability while integrating renewable energy into the market. The public consultation will continue until July 25, with the goal of enhancing the country's energy infrastructure.

In related news, Renalfa IPP has launched Bulgaria's largest battery energy storage system, a 25-MW/55-MWh facility. This development highlights the growing importance of energy storage in the country's energy sector and demonstrates a commitment to advancing renewable energy technologies.

What is Bulgaria's plan to boost renewable energy with electricity storage tender?

• The National Recovery and Resilience Plan (NRRP) in Bulgaria includes a public consultation on terms for an electricity storage tender procedure.
  
• The goal is to add at least 3,000 MWh of storage capacity to the electricity transmission network.
  
• Almost BGN 1.2 billion in grant funding is available to support selected projects, covering up to 50% of eligible costs.
  
• The initiative, known as "National infrastructure for storage of electricity from renewable sources" (RESTORE), aims to boost the share of renewables in Bulgaria's energy mix.
  
• Energy minister Vladimir Malinov highlighted the importance of storage facilities for balancing and managing the electricity system, ensuring security and stability while integrating renewable energy into the market.
  
• The public consultation for the electricity storage tender will continue until July 25, with the goal of enhancing the country's energy infrastructure.
• Renalfa IPP has recently launched Bulgaria's largest battery energy storage system, a 25-MW/55-MWh facility, showcasing the growing importance of energy storage in the country's energy sector and commitment to advancing renewable energy technologies.