In what could be the biggest single optimazion deal in Europe to date, Bulgaria''s Electrohold Trade has selected Germany''s The Mobility House to optimize the fleet of its
This event will bring together key stakeholders from across the region to explore the latest trends in energy storage, with a focus on the increasing integration of energy storage into regional grids, evolving
The Bulgarian Ministry of Energy is readying to launch a tender on September 2 and provide Capex support for the construction and commissioning of 3 GWh of standalone energy storage facilities
In recent years, Bulgaria has increasingly prioritized the development of energy storage infrastructure as part of its broader transition to a more sustainable and resilient energy
The deadline has now passed for Bulgaria''s EU-backed support scheme for standalone energy storage, and the bids submitted amount to four times the available capital
Building on the success of its initial RESTORE procurement, which backed nearly 10 GWh of energy storage development, the Bulgarian Ministry of Energy has opened a
During this year, Bulgaria announced a call for grants for standalone energy storage units. The Bulgarian Ministry of Energy then prepared over 580 million euros in grants
Bulgaria on Wednesday launched a long-delayed tender for at least 3,000 MWh of new energy storage capacity as part of its efforts to increase the share of renewable energy
This work incorporates base year battery costs and breakdown from the report (Ramasamy et al., 2021) that works from a bottom-up cost model. The bottom-up battery energy storage systems (BESS) model accounts for major
Standalone BESS solutions can be dynamically sized to suit any long-duration storage requirement, typically sized from 100kW/ 400kWh to 40MW/ 160MWh. Standalone solutions are usually made up of multiple containerised units and
Developers in Bulgaria applied for 4.3 times more in grants for standalone energy storage than the budget. Funding is uncertain, though.
Eligible costs are calculated from March 9, 2023 until March 31, 2026 at the latest. The selected facilities would provide primary frequency regulation and automatic secondary frequency regulation services.
Bulgaria''s standalone energy storage tender, which aimed to procure at least 3 GWh of cumulative usable capacity, ultimately awarded more than three times that amount.
Transformation of AES Galabovo into a large-scale energy storage facility using proven technology implemented in concentrated solar power plants (CSP) using molten salts
More ambitious projects – a European funded tender scheme for 1.4 GW/1.68 GWh renewables- plus-storage as well as 6 GWh of stand-alone storage – were previously announced but still
The scheme was announced earlier in June this year. As part of the National infrastructure for the storage of electricity from renewable sources (RESTORE), the country''s
One of the two programmes will be directed towards pumped hydro energy storage. Image: MITECO. The government of Spain is launching €280 million (US$310 million) in grants for standalone energy storage projects,
Executive Summary In this work we describe the development of cost and performance projections for utility-scale lithium-ion battery systems, with a focus on 4-hour duration
This study evaluates the economics and future deployments of standalone battery storage across the United States, with a focus on the relative importance of storage providing energy arbitrage
Current Year (2022): The 2022 cost breakdown for the 2024 ATB is based on (Ramasamy et al., 2023) and is in 2022$. Within the ATB Data spreadsheet, costs are separated into energy and
Bulgaria attracts €2.55 billion in proposals for standalone batteries, exceeding its initial budget by 4.3 times, but funding remains uncertain.
In recent years, Bulgaria has increasingly prioritized the development of energy storage infrastructure as part of its broader transition to a more sustainable and resilient energy system. With growing renewable energy
The results of our Levelized Cost of Storage ("LCOS") analysis reinforce what we observe across the Power, Energy & Infrastructure Industry—energy storage system ("ESS") applications are
As Europe races toward climate neutrality, Bulgaria''s surge in storage capacity signals a shift not only in national priorities but also in regional energy dynamics.
The Ministry of Energy of Bulgaria has allocated $656 million in grants for standalone energy storage projects. The deadline for applications is November 21.
Bulgaria has selected 82 winning energy storage projects for a share of BGN 1.15 billion (€588 million) in financial support.
Bulgaria has selected 82 winning energy storage projects for a share of BGN 1.15 billion (€588 million) in financial support.
🗨️ Let''s Discuss : → Can Chinese suppliers sustain their cost edge in Bulgaria''s subsidy race? → Will the 2026 deadline drive innovation or cause bottlenecks?
Currently, Bulgaria''s electricity market offers an opportunity for €110 ($122) per MWh profit on battery energy storage with two hours of discharge capacity using energy arbitrage. Rystad Energy ''s analysis estimates battery
One of the two programmes will be directed towards pumped hydro energy storage. Image: MITECO. The government of Spain is launching €280 million (US$310 million)
A total of 151 project proposals were submitted in Bulgaria’s standalone energy storage procurement procedure named RESTORE, which is seeking to support the construction and commissioning of renewable energy storage facilities with a cumulative minimum usable capacity of 3 GWh.
Bulgaria has installed between 40 MWh and 50 MWh of battery energy storge capacity to date. However, new national legislation as well as funds provided through the European Union’s Recovery and Resilience Facility (RRF) could add another 1 GWh of storage capacity over the next two years.
Energy storage in Bulgaria is expanding rapidly as the government awards nearly 10 GWh of capacity to 82 projects, boosting renewable energy reliability and grid stability.
The Bulgarian Energy Ministry opened a tender procedure for supply of energy storage on August 21, 2024. The procedure aims to provide funding for construction and implementation of a 3,000 MWh stand-alone battery storage facility. The total amount of the grant that can be provided under the procedure is €590 million ($ 536 million).
The selected storage systems will be geographically distributed across Bulgaria and connected either to the national transmission grid or local distribution networks. All awarded projects must be operational by March 2026.
Energy minister Vladimir Malinov said the investments, worth up to BGN1,153,939,700 (US$657.4 million) “will guarantee the security and stability of the Bulgarian electricity system.” Tender bids must be submitted electronically, with more information available on this portal.
