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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.
Home » News » Electricity » Bulgaria grants EUR 587 million to 82 battery storage projects Developers of 82 standalone battery projects in Bulgaria, for an overall 9.71 GWh in capacity, got approval for EUR 587 million in subsidies.
Bulgaria's standalone energy storage tender, which aimed to procure at least 3 GWh of cumulative usable capacity, ultimately awarded more than three times that amount. From ESS News
Bgaria will finance 82 standalone battery storage projects worth over 1.15 billion levs ($675 million) under its EU-funded procurement exercise named RESTORE.
In 2022, the energy sector in Aarhus emitted 698,000 metric tons CO2e. Today, about 70% of Aarhus' energy needs are met by sustainable energy sources, including biomass, which covers 69% of the municipality's energy needs.
It is estimated that the combination of 1,600 hectares of solar energy and 10 new wind turbines combined would lead to a reduction in CO2 emissions of 12,000 metric tons in 2030 and generate approx. 1,450 GWh annually, which corresponds to about 50% of Aarhus' projected electricity consumption in 2030.
Assuming that these funds are distributed to the municipalities in accordance with the standard allocation key, it is to be expected that the City of Aarhus will receive the equivalent of approx. DKK 40 million. The coalition parties agree that these funds will be added to the land fund.
Aarhus is committed to taking the next steps toward an even greener energy supply system, and with 'the green district heating of the future', we can phase out fossil fuels and get down to 15% biomass in 2030.
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