Why do we need energy storage solutions in Bulgaria?

ablish a reliable energy system with greater share of intermittent generation. In the context of Bulgaria’s energy landscape, energy storage solutions present a diverse array of benefits to various stakeholders stemming fro its unique ability to time-shift energy and rapidly respond when called upon. The applic

Can battery-based energy storage improve peaking capacity in Bulgaria?

storage can also ofer greater flexibility and eficiency in managing the grid. Furthermore, and although hydropower storage already makes up a significant source of peaking capacity in Bulgaria, battery-based energy storage can address peaking needs during times of droughts, meet requirements for more distributed peaking po

Why should we build a battery factory in Stara Zagora?

That is why an essential part of the government's plan is to build a factory to produce such batteries, probably in the Stara Zagora region. This will create jobs, offset the economic transition costs and, as global demand for batteries increases in coming years, create export opportunities.

Does Bulgaria's recovery plan get a green light?

Bulgaria’s Recovery plan finally received a green light from the EU. Coal plants get a breather as local energy production takes precedence This article is part of the second Special Report by KInsights dedicated to the Energy Future of Bulgaria. You can purchase and download the entire issue here. "This is an outstanding plan.

Why are electricity prices falling in Bulgaria?

arket in Bulgaria – electricity prices falling to zero on May 20th and 21st. Strong tailwinds for renewables in the country are also driven by the Euro an Commission push for more ambitious decarbonisation and renewable targets3. As such, setting the focus on integrating higher share of renew

Where does Bulgaria get its electricity from?

ity came from thermal power stations, and only 7 percent from solar and wind1. Historically, Bulgaria has also been a major producer and exporter of electricity for the surrounding region with a total of 10 inte connectors spread across Romania, Serbia, North Macedonia, Greece, and Turkey. The country thus has a critical role in driving a more s