Why is Bulgaria promoting self-sustaining energy solutions?

Bulgaria is also pushing for small- and medium-sized businesses to adopt more self-sustaining energy solutions, including solar energy and battery storage, to reduce dependency on the grid during peak consumption times. Source: IRENA

Does Bulgaria have a res plan?

In 2023, Bulgaria – which still bases much of its energy production on coal – was the only EU country that had not presented a clear action plan on how to make the transition. Despite EU warnings, more than a year later, progress has been made towards RES, but the situation in the Bulgarian energy sector retains many critical elements.

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

What is Bulgaria's energy strategy?

Despite being a net electricity exporter, with major buyers like Romania, Greece, and North Macedonia, Bulgaria’s energy strategy remains fossil-fuel dependent. The 2019 National Energy and Climate Plan indicated a long-term reliance on coal and nuclear, with no immediate phase-out in sight. 4. Future prospects

Does Bulgaria have a good energy sector?

Bulgaria’s energy sector is at a critical juncture, with two main objectives shaping its direction: decarbonization and reducing reliance on Russian energy. Over the past year, Bulgaria has made considerable progress in expanding its renewable energy capacity, particularly in solar power.