Bulgaria annouced its energy strategy untill 2053

The round table “Bulgarian Energy – Strategy 2023-2053” in Sofia was held on 17.01 which Bulgaria annouced its energy strategy untill 2053. The goal was for the analyses, priorities and proposals to be discussed by the interested parties, including representatives of institutions, parliamentary forces, trade unions, business, industry organizations, scientific circles, experts, reported BTA

In the draft strategy presented by Bulgara Energy Minister Rosen Hristov, it is noted that the energy sector of the country currently provides a significant part of the gross domestic product (GDP). Last year, we exported more than 12 terawatt hours (TWh) of electricity with revenues of 3 billion euros, Hristov pointed out. He added that these funds were mainly used to offset high domestic electricity prices for industrial consumers, enabling our economy to remain competitive and protecting the country from a major recession.

In 2022, the amount of electricity produced increased by 5.7 percent compared to the previous year. The growth is due to the increase in the produced electrical energy at condensing thermal power plants (by 4 TWh), renewable energy sources (0.3 TWh) and hydroelectric power plants (0.26 TWh), the data show. 

Bulgaria is a net exporter and covers the electricity needs for its own consumption and the deficit in neighboring countries, the document states. The minister noted that Bulgaria is the third largest exporter of electricity in Europe and the only one in our region – we export to all neighboring countries. Hristov added that forecasts show that this trend will continue in the coming years. Ukraine and Moldova join the countries that need electricity, and they turn to Bulgaria with a request to supply electricity.

In coal sector, it is planned to use the existing capacities until 2030 to guarantee energy security and introduce technical solutions to reduce emissions and up to 2038 to close them and start using new base power plants.

In nuclear sector the strategy plans construction of two new units 2,000 MW capacity at the Belene site by 2035-2040 and construction of two new units at 2,000 MW replacement capacity by 2045 at the Kozloduy site.

A further 7 GW of solar and 2 GW of wind capacity is planned to be built by 2030 and 12 GW of solar and 4 GW of wind capacity by 2050.

Bulgaria has a strong potential for hydropower plants (HPP), noted Minister Hristov. He pointed out that there are talks with Romania about the construction of two hydroelectric power stations on the Danube River. Bulgaria plans to build 870 megawatts of new hydropower plants by 2030 and 1,270 megawatts by 2050.

In geothermal sector the focus will be on smoothing local heating systems. It is also proposed to build 1 GW electrolysers by 2030 with a production of 90,000 t/y. and on 5 GW electrolysers and production of 520,000 t/y. hydrogen by 2050 for local consumption and export.

In terms of energy storage systems, it is proposed to expand the Chaira CHPP by 2030, build new CHPPs and build 1 GW by 2035, introduce 600 MW of batteries by 2030 and 1.5 GW systems for seasonal storage until 2050. Another 1,900 km of modernization and construction of new transmission lines in the transmission network, digitization and development of the distribution network, construction of 1,000 charging stations for the development of technical and charging infrastructure until 2030 are planned. To address energy poverty it is planned to introduce measures to support and increase energy efficiency in households.

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