Sepehr Soltani, lead energy storage analyst at Norwegian consultancy Rystad Energy told the RE-Source Southeast Conference that took place in Sofia, Bulgaria, in May
Discover all relevant Battery Storage Companies in Bulgaria, including International Power Supply and Renewable Energy Insurance Broker
With its factory-direct pricing, high efficiency, long lifespan, and safety, HighJoule''s BESS Battery Energy Storage Cabinet 200kWh is an ideal energy storage system choice.
Previously, battery systems were only used for self-consumption and back-up purposes, but it is expected that new business opportunities are on the horizon because of the
The Association for Production, Storage, and Trading of Electricity (APSTE) has published a report on the technological development and market perspectives for the energy storage systems in Bulgaria.
Previously, battery systems were only used for self-consumption and back-up purposes, but it is expected that new business opportunities are on the horizon because of the updated legislation.
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Robust and solid, made with an aesthetic design, these cabinets ensure compactness, easy installation and safety. Here you will find a wide range of battery cabinets with different sizes,
Identify and compare relevant B2B manufacturers, suppliers and retailers. AES is a key player in Bulgaria''s energy sector, focusing on thermal and wind power generation.
The Association for Production, Storage, and Trading of Electricity (APSTE) has published a report on the technological development and market perspectives for the energy storage
The cabinet has a modular design with storage from 9 to 30 kilowatt hours allowing backup power to the entire home. Nominal power ranges from 5 to 15 kilowatts, 1 phase or 3 phase,

Specifically, according to data presented by Soltani at the RE-Source Southeast Conference, Bulgaria’s electricity market offers an opportunity for €110 per MWh profit with a battery energy storage system with two hours of discharge capacity using energy arbitrage. Rystad Energy’s analysis has set the battery system costs at a flat €60 per MWh.
Another development that can boost battery storage in Bulgaria is a recent update of national legislation to include battery energy storage systems as a component of the grid.
“In fact, we are already seeing the transition to energy storage in Bulgaria, mainly through the development of battery storage facilities behind-the-meter,” Alexander Rangelov, CEO of the International Power Supply (IPS) Group, an energy storage manufacturer headquartered in Sofia, told pv magazine.
The Bulgarian Energy Ministry opened a tender procedure for supply of energy storage on August 21, 2024. The procedure aims to provide funding for construction and implementation of a 3,000 MWh stand-alone battery storage facility. The total amount of the grant that can be provided under the procedure is €590 million ($ 536 million).
Bulgaria has installed between 40 MWh and 50 MWh of battery capacity to date, with business models mainly based on grid balancing and arbitrage.
This capacity will be used for both solar peak shaving and grid balancing,” Rangelov said. Bulgaria’s Ministry of Energy is currently running two tenders aiming to commission 1,425 MW of solar and wind generation capacity coupled with 350 MW of behind-the-meter energy storage.
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