Monday, November 23, 2020
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Bulgaria to modernise its electricity infrastructure for 260 mln euros

Bulgaria’s Ministry of Energy, together with the country’s electricity system operator, is launching a series of consultations with energy stakeholders aimed at transforming and modernising the electricity infrastructure.

The project, worth 511 million Bulgarian Lev (approximately 261 million euros) is included in the Recovery and Sustainability Plan. It will cover the modernisation of activities related to the planning, management and monitoring of the electricity system and the possibility of connecting new renewable energy sources to the network.

“This need is becoming more and more tangible in connection with the entry of renewable energy sources into the energy mix and in view of the challenges posed to the Bulgarian energy sector by the EU Green Deal,” said Deputy Minister Zhecho Stankov at the presentation of the project. 

The investment envisages the introduction of modern digital tools to provide the necessary manoeuvrability, security, reliability and rapid response in the management of the power system for a low-carbon production. The project also aims at making the electricity infrastructure more flexible, more open to neighbouring systems so that to increase interconnections capacities and with the possibility of easier transmission of electricity.

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