About Bulgaria develops energy storage project
The Bulgaria Electric Energy Storage Project involves the approval of 82 standalone battery storage projects with a total capacity of 9.71 GWh. The Bulgarian Ministry of Energy has allocated EUR 587 million in subsidies for these projects, which are part of the RESTORE program aimed at enhancing energy storage resources by March 20262. The selected projects will significantly contribute to grid stability and the integration of renewable energy sources4. Overall, the initiative marks a substantial increase in energy storage capacity, exceeding the original target of 3 GWh5.
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About Bulgaria develops energy storage project video introduction
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5 FAQs about [Bulgaria develops energy storage project]
Why does Bulgaria plan electricity storage projects?
Bulgaria plans electricity storage projects to enhance system balance, strengthen its export position, and ensure cross-border flexibility. Bulgaria has a unique asset in its energy portfolio being Chaira Pumped Storage Hydropower Plant (‘ PSHPP ’), with a production capacity of 864 megawatts and a pumping capacity of 788 megawatts.
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.
How much money has Bulgaria received for energy projects?
The Ministry of Energy of Bulgaria has received 151 project proposals worth nearly BGN 5 billion ($2.7 billion), more than four times the available funding.
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.
What is the largest battery energy storage system in Bulgaria?
The system is the largest in Bulgaria. Image: Renalfa IPP. A 25MW/55MWh battery energy storage system (BESS) has been commissioned in Bulgaria, Eastern Europe, by operator Renalfa IPP, using technology provided by Chinese firms Hithium and Kehua.
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