Bulgaria's battery storage market gears up

Bulgaria has installed between 40 MWh and 50 MWh battery energy storage capacity to date. However, a new national legislation as well as funds provided through the European Union's Recovery and Resilience Facility could see the country install another 1 GWh over the next two years. From ESS News 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 that Bulgaria offers the highest revenue potential for battery storage in Europe. Specifically, according to data presented by Soltani at ...

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