From pv journal ESS News web site

The Bulgarian Ministry of Energy has launched a public session on a young for the development of infrastructure for the storage of electrical energy from renewable vitality sources.

The procurement process, named RESTORE, will supply a complete of BGN 1.2 billion ($657 million) for the development and commissioning of a nationwide infrastructure of renewable vitality storage services with not less than with a capability of three,000 MWh of usable vitality, the ministry mentioned in a press launch on Wednesday.

The grant will cowl as much as 50% of eligible prices, however not exceeding BGN 371,600 (with out VAT) for every megawatt hour of obtainable vitality capability, the procedural guidelines stipulate.

The public name for tasks equal to or larger than 10 MW with not less than two hours of storage capability, which can primarily be utilized in frequency regulation markets.

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“The development of storage services is the important thing to the environment friendly balancing and administration of the facility system. The profitable implementation of this methodology will assure the safety and stability of the facility system,” mentioned the Minister of Energy Vladimir Malinov.

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