Bulgaria consults on terms for 3,000-MWh storage programme under NRRP

The Bulgarian energy ministry this week launched a public consultation on the conditions for an electricity storage tender procedure under the National Recovery and Resilience Plan (NRRP).

Almost BGN 1.2 billion (USD 656m/EUR 614m) of grant funding is offered to support projects that will add at least 3,000 MWh of storage capacity to the electricity transmission network. The projects, to be selected via tenders, will be able to receive grant funding covering up to 50% of eligible costs, but no more than BGN 371,608 without VAT per MWh.

The procedure is called "National infrastructure for storage of electricity from renewable sources" (RESTORE) and is aimed at facilitating a substantial increase of the renewables’ share in the country’s energy mix.

“The construction of storage facilities is key to the efficient balancing and management of the electricity system. The successful implementation of the current procedure will ensure the security and stability of the electricity system. It will also provide an opportunity for integrating the electricity produced from renewable sources on the market in the country and the region," said energy minister Vladimir Malinov.

The public consultation will run till July 25.

Renalfa IPP recently commenced commercial operation of a 25-MW/55-MWh battery energy storage system (BESS) in Bulgaria, marking the country’s largest operating BESS to date.

(BGN 1 = USD 655.824/EUR 613.550)

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