Gel battery storage tender price in Bulgaria 2026

How much does a battery cost in Bulgaria?

Currently, Bulgaria’s electricity market offers an opportunity for €110 ($122) per MWh profit on battery energy storage with two hours of discharge capacity using energy arbitrage. Rystad Energy ’s analysis estimates battery system costs at a flat €60 ($67) per MWh.

How much battery energy Storge capacity does Bulgaria have?

Bulgaria has installed between 40 MWh and 50 MWh of battery energy storge capacity to date. However, new national legislation as well as funds provided through the European Union’s Recovery and Resilience Facility (RRF) could add another 1 GWh of storage capacity over the next two years.

Will Bulgaria's energy storage capacity be used for solar peak shaving & grid balancing?

That capacity will be used for both solar peak shaving and grid balancing. 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.

What can boost battery storage in Bulgaria?

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.

How much money will be invested in Bulgaria's electricity system?

Energy minister Vladimir Malinov said the investments, worth up to BGN1,153,939,700 (US$657.4 million) “will guarantee the security and stability of the Bulgarian electricity system.” Tender bids must be submitted electronically, with more information available on this portal.

How will the selected storage systems be distributed in Bulgaria?

The selected storage systems will be geographically distributed across Bulgaria and connected either to the national transmission grid or local distribution networks. All awarded projects must be operational by March 2026.