Why is energy storage growing in Bulgaria?

Energy storage in Bulgaria is expanding rapidly as the government awards nearly 10 GWh of capacity to 82 projects, boosting renewable energy reliability and grid stability.

What is the main source of electricity in Bulgaria in 2022?

Coal energy was the main source of electricity production in Bulgaria in 2022. It accounted for over 45 percent of total electricity generation. Nuclear energy ranked second, making up 35 percent of total production.

What does Bulgaria's surge in storage capacity mean for Europe?

As Europe races toward climate neutrality, Bulgaria’s surge in storage capacity signals a shift not only in national priorities but also in regional energy dynamics.

Is Bulgaria moving towards a greener energy future?

Bulgaria is taking bold steps toward a greener energy future, having recently wrapped up its most ambitious energy storage tender to date.

What is the main energy source in Bulgaria?

The main local energy source in Bulgaria is lignite coal. Another local energy source is nuclear energy, which significantly contributes to energy independence. In 2022, the share of nuclear energy production is 32.6% of total electricity production in Bulgaria. The share is expected to remain above 40% until 2030.

Does Bulgaria have a hydro power plant?

In Bulgaria, the National Electric Company (NEK) owns 15 conventional hydro and pumped-storage plants. Hydropower’s importance is not limited to the production of energy because it plays a key role in greenhouse gas emissions reduction. Bulgaria remains the most energy-intensive economy in the EU by a wide margin.