Bulgaria's energy ministry has initiated a public consultation on the terms for an electricity storage tender under the National Recovery and Resilience Plan (NRRP), aiming to enhance the country's renewable energy infrastructure. Dubbed “National infrastructure for storage of electricity from renewable sources” (RESTORE), the procedure offers nearly BGN 1.2 billion (USD 656m/EUR 614m) in grant funding to support projects that will add a minimum of 3,000 MWh of storage capacity to the national electricity grid.
According to the ministry, selected projects could receive grants covering up to 50% of eligible costs, capped at BGN 371,608 per MWh without VAT. The initiative seeks to bolster the share of renewables in Bulgaria's energy mix, crucial for achieving sustainable energy goals.
“The construction of storage facilities is key to the efficient balancing and management of the electricity system,” stated energy minister Vladimir Malinov. “This procedure will ensure the security and stability of the electricity system while integrating renewable energy into our market and the wider region.”
The consultation period, running until July 25, invites stakeholders to contribute their insights on shaping Bulgaria's energy future through robust storage solutions.
In related developments, Renalfa IPP recently inaugurated Bulgaria's largest battery energy storage system (BESS), with a capacity of 25 MW/55 MWh, signaling a significant stride in the country's renewable energy capabilities.
