Monday, June 17, 2024
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Bulgaria to implement geothermal energy projects in six municipalities

Bulgaria’s six municipalities signed grant agreements with the Ministry of Energy of Bulgaria to implement projects that harness the potential of geothermal energy for heating and cooling of public-owned buildings.

Velingrad, Yambol, Pomorie, Burgas, Sofia and Strelcha municipalities will implement projects that include renovation of the heating installations for 5 kindergartens, one nursery and a school.

The activities cover construction of geothermal heating and cooling installations, deployment of solar collectors for household hot water supply, complete renovation of heating installations in buildings, replacement of heating appliances, and the implementation of an energy consumption monitoring system.

“Grant financial assistance under the Renewable Energy, Energy Efficiency and Energy Security Programme will ensure a reduction in carbon intensity and increased security of supply through a greater share of renewable energy production and improvement of energy efficiency in buildings and municipalities”, Iva Petrova, Deputy Energy Minister of Bulgaria said at a ceremony during which the agreements were signed.

According to the press statement of the ministry, these projects will produce 1,800 megawatt-hours (MWh) of geothermal energy and save over 2,000 tonnes of CO2 annually in Bulgaria.

The cost of each project that is expected to be completed in 18 months, ranges between 200 to 400 thousand Euros. The total value of all projects is approximately 1.7 million euros.

Renewable Energy, Energy Efficiency and Energy Security Programme is financed by the Financial Mechanism of the European Economic Area 2014-2021 and is implemented in partnership with the energy authorities of the Kingdom of Norway and Iceland.

Photo: Government of Bulgaria

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