source of peaking capacity in Bulgaria, battery-based energy storage can address peaking needs during times of droughts, meet requirements for more distributed peaking power,
READ MOREInsights ›. Bulgaria introduced a mechanism for screening of foreign direct investments. 6 min read. In line with the requirements under Regulation (EU) 2019/452 of the European Parliament and of the Council of 19 March 2019 establishing a framework for the screening of foreign direct investments into the Union ("FDI Regulation") and by
READ MORESerbia achieved a share of renewable energy sources in gross final energy consumption of 27%, which was set for 2020, Minister of Mining and Energy Dubravka Đedović pointed out at the Berlin Energy Transition Dialogue in Germany''s capital city. She said the government has an ambitious plan to lift the level to close to 40% by
READ MOREPumped storage hydro power plants with reservoirs are still the only technology offering economically viable large-scale energy storage in Ukraine. Further development of pumped storage will play a major role in securing system stability in the future. Kyivska PSPP and Kyivska Hydro Power Plant at Dnieper river are two integrated power plants.
READ MORECMS Legal. Bulgaria January 18 2023. Early 2023 the Bulgarian parliament introduced legislative amendments to enhance the development of the
READ MOREThe Bulgarian Industrial Capital Association is pointing out how Bulgaria''s energy transition will face huge challenges when transitioning to renewables and energy storage systems will be crucial. CEENERGYNEWS Wednesday, June 19, 2024 Sign up for our
READ MOREEnergy storage is a key part of it, he pointed out and estimated that cofinancing for renewable energy projects would remain available in the longer term.
READ MORE1.1.1 After eight years of extensive entry negotiations, on 1 July 2013 Croatia became the 28th EU member state. Croatia''s accession to the EU brings many political, institutional and economic changes to its internal structure, as well as to regional relations. 1.1.2 The process of energy market reform started in 2001, when a number of energy
READ MOREEnergy storage plays a vital role in the transition to a carbon-neutral economy and is a mean to improve energy efficiency and integrate more renewable energy projects into the power system contributing to reducing carbon emissions. At present, pumped-storage hydropower plants are the most widespread method for storing energy
READ MORErenewable energy, demand response and storage, including via aggregation, in all energy markets, including a timeframe for when the objectives are to be met
READ MOREThe main goal of the investment is to increase the share of clean energy in Bulgaria''s energy mix on its way to climate neutrality. In particular, the first tender, with a budget of 107.6 million levs (approximately 55 million euros) will finance the construction of solar and wind projects and co-located BESS with an installed capacity ranging from 200
READ MOREIn 2023, the Bulgarian Parliament introduced specific legislative amendments regulating the electricity storage. The rationale behind the amendments is to provide balance and
READ MOREBulgaria is targeting a further 2,645 MW of installed electricity generation capacity from renewable sources, mostly photovoltaic plants, by the end of 2030, in line with the EU''s goals for green energy transition, a draft national strategy published on the parliament''s website shows. This additional capacity includes 2,174 MW of solar plants
READ MORENew investments in renewable energy generation, primarily solar photovoltaics (PV) in Bulgaria and neighboring countries, drove down power prices during periods of high supply. In May 2023, electricity generation from coal power plants slumped 58% compared with the previous May, while solar PV had its monthly contribution grow
READ MOREThe Bulgarian Ministry of Energy has launched two renewables-plus-storage tenders to the tune of BGN 535 million ($298 million), accepting bids from
READ MOREThrough the changes in the law, a new section, "Electricity storage", was created, which regulates this activity as an operator, a storage facility, equal access to the transmission
READ MORESOLAR + STORAGE AES Gener ANTOFAGASTA, CHILE 112 MW / 560 MWh BENEFITS •prices (see figure 1). This can also prevent the zero electricity prices seen creeping Provides flexible capacity by both absorbing over-generation and discharging at peak
READ MOREThe Romanian government published new technical regulations for energy storage on Jan. 18. The secondary regulations are the first such technical rules in Romania. They will support primary
READ MOREBULGARIA Energy Snapshot Source: DG ENER and Eurostat Source: DG ENER and Eurostat 3. Energy markets(f) s 500 Bulgaria s 1 Updated allocation on the basis of Article 11(2) of the RRF Regulation 2 Recovery and Resilience Scoreboard (europa ) 3
READ MOREMarch 1, 2024. Over a decade ago the European Commission commented on the "high energy intensity, low energy efficiency, and deficient environmental infrastructure hamper business activity and competitiveness" that exists in Bulgaria – writes Dick Roche, former Irish Minister for European Affairs and former Minister for the Environment.
READ MORE2013 - Bulgaria comes 2nd in Top 10 emerging markets for renewable energy. FIT scheme proves effective in attracting investments in RES. A new energy efficiency target of 25%
READ MOREThe Ministry of Economy and Sustainable Development in Croatia has issued a €60 million (US$66 million) Call for Funds which seeks projects for renewables, energy efficiency and energy storage totalling 20MWh. The Ministry announced the Call this week (17 April) which will provide €100,000 – €2 million per project with a maximum
READ MORE1. SUMMARY. The 2020s kicked off with a rather unique all-around interest in Bulgaria''s market for projects in the Renewable Energy Sector. Some saw the opportunity to pull foreign investments, oth-ers –
READ MOREfirstly, a DNO is required to "manage and operate the distribution business in a way that is calculated to ensure that it does not restrict, prevent, or distort competition" in the electricity or gas market. The operation of energy storage assets by a DNO could impact on the competitiveness of the electricity market.
READ MOREBulgaria has a total installed generation capacity of12.6 GW (2017), including 4.5 GW lignite and hard coal, 2.0 GW nuclear, 0.6 GW natural gas, 3.2 GW hydropower including pumped storage, and 1.8 GW other
READ MOREEnergy storage. Storing energy so it can be used later, when and where it is most needed, is key for an increased renewable energy production, energy efficiency and for energy security. To achieve EU''s climate and energy targets, decarbonise the energy sector and tackle the energy crisis (that started in autumn 2021), our energy system
READ MORE1303 Sofia, Bulgaria. 117 Hristo Botev St. consulting@seenext . +359 2 80 12 630. Linkedin. Back to all reports. Renewable Energy in Bulgariа | 2022 edition. The 2022 edition of the Renewable Energy in Bulgariа
READ MOREThe Bulgarian Ministry of Energy has launched two renewables-plus-storage tenders to the tune of BGN 535 million ($298 million), accepting bids from companies in all sectors except agriculture
READ MORE