Podcast in English
Audio Player
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria to build balancing power plants in the Balkans

Photo: Bulgarian Ministry of Energy

Increasing energy connectivity between countries in the region of Southeast Europe will reduce electricity prices, increase competitiveness and security of supply. This was stated by Energy Minister Zhecho Stankov at the Energy Summit, organized by the Capital newspaper in Sofia.
"Our goal is to become the largest balancing power plant in Southeast Europe. There is currently a procedure for building electricity storage facilities with subsidies under the Recovery and Resilience Plan. The capacity is for nearly 10,000 megawatt hours. There is no such large battery in the whole of Europe. We plan to build on this with a project that we are developing with the European Investment Bank to build two or three pumped storage hydropower plants that will help balance not only the Bulgarian grid, but also the neighboring countries," Stankov said.

Before the forum, Minister Stankov met with Constantin Borosan, State Secretary at the Ministry of Energy of Moldova, Attila Steiner, State Secretary responsible for Energy and Climate Policy of Hungary, and the Deputy Minister of Energy of Azerbaijan, Orkhan Zeynalov.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Road Infrastructure Agency: Drivers should prepare for winter road conditions

Drivers travelling today and in the coming days should prepare their vehicles for winter conditions , the Road Infrastructure Agency has urged. The weather forecast is for worsening conditions, rain and snow showers and strong winds. Snow is..

published on 4/6/25 12:36 PM
A tragic road accident that claimed the life of a 12-year-old girl has sparked public outrage over the poor state of road conditions.

13,000 reports of poor road conditions have been filed by the Ministry of the Interior in 2024

The Ministry of the Interior has submitted 13,000 reports about poor road conditions in 2024 . This was revealed in an interview with Nova TV by Chief Commissioner Maria Boteva, who added that more than 2,000 additional reports were submitted in the..

published on 4/6/25 11:23 AM

Temperatures go down on Sunday, rain and snow in the forecast

Over the next 24 hours the weather in the country will be dynamic. After temporarily dispersing, after midnight the clouds will increase and the precipitation will pick up from the Northwest. During the day on Sunday the rain will continue, and..

published on 4/5/25 6:10 PM