Bulgaria: Energy Storage as a Catalyst for a Changing
storage is hindering Bulgaria in the development of an energy storage market. Furthermore, Bulgaria''s energy legislation and grid codes have been historically written with thermal plants
ablish a reliable energy system with greater share of intermittent generation. In the context of Bulgaria's energy landscape, energy storage solutions present a diverse array of benefits to various stakeholders stemming fro its unique ability to time-shift energy and rapidly respond when called upon. The applic
storage can also ofer greater flexibility and eficiency in managing the grid. Furthermore, and although hydropower storage already makes up a significant source of peaking capacity in Bulgaria, battery-based energy storage can address peaking needs during times of droughts, meet requirements for more distributed peaking po
the marke ater grid services than standalone solarBALANCING AND PORTFOLIO OPTIMISATIONConsidering the high imbalance6 changes seen in Bulgaria, Balance Responsible Parties (BRPs) such as utilities, traders, and IPPs as well as DSOs can also benefit fr
d a glimpse of the new challenges Bulgaria will face on its energy transition. In May 20 3, Bulgaria was for the first time in a decade a net importer of electricity2. The reason for this was not a lack of generating capacity, but instead the natural logic of power markets seeking the
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