October 3, 2025
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CEE Energy Conference to be held in London on October 7

Featuring a series of expert-led presentations and panel discussions, the second edition of the annual CEE Energy Conference, taking place in London on October 7, will explore the rapid evolution of the energy sector in Central and Southeast Europe.

CEE Energy Conference 2025: From Generation to Stability – Accelerating the Energy Transition in CEE is organized by international law firm CMS and is free of charge. It will bring together speakers from CMS offices across the CEE/SEE region and the UK, alongside representatives from transmission system operators (TSOs), regulators, and leading energy companies.

The conference will feature country spotlights and two panels, with speakers presenting key developments and innovations from the Czech Republic, Romania, Poland, Bulgaria, Hungary, Ukraine, Slovakia, Croatia, and Austria.

A panel titled BESS, Balancing & Grid Stability will include case studies from across the region, as the BESS market continues to attract international investors. At the second panel, PPAs & Tolling Agreements, participants will share insights into emerging and maturing markets, with perspectives from developers, investors, and legal experts.

One of the key speakers is Thomas Hamerl, an expert in renewables, energy storage, and infrastructure

One of the key speakers is Thomas Hamerl, an expert in renewables, energy storage, and infrastructure and Head of the Energy and Climate Change Group at CMS Reich-Rohrwig Hainz. He will speak at the event on regulatory developments and investment possibilities in Austria, Croatia, Montenegro and Serbia.

Participants in the second annual CMS CEE Energy Conference will have the opportunity to join industry leaders in exploring the latest trends, investment opportunities, and challenges, as well as sector developments, according to Hamerl. “On top of that, market-specific developments will be presented for Bulgaria, the Czech Republic, Croatia, Hungary, Serbia, Poland, Austria, and many more,” he stressed.

Thomas Hamerl is an attorney-at-law and a specialist in infrastructure projects, including public-private partnerships (PPP) and concessions. He is also a leading expert in energy law, public procurement law, and construction and infrastructure-related dispute resolution. CMS Reich-Rohrwig Hainz, based in Vienna, operates in Austria and the Western Balkans.

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October 2, 2025
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European day-ahead power market rolls out 15-minute trading intervals

The Single Day-Ahead Coupling area split its hourly units into 15-minute intervals for electricity trading. The change, affecting most European markets, is aimed at enhancing the integration of renewables by making flexibility and balancing more efficient.

After delays and intensive testing, the European wholesale electricity market switched to a 15-minute market time unit (MTU) from hourly blocks within the Single Day-Ahead Coupling (SDAC) mechanism. The transition was implemented across all bidding zones and bidding zone borders, according to the All NEMOs Committee, gathering nominated electricity market operators.

Thirty transmission system operators were involved in the move, aimed at creating an integrated pan-European cross-zonal day-ahead electricity market. Only Great Britain, Switzerland, the Western Balkans, Turkey and Cyprus, the European Union’s only non-interconnected member state, are outside of the SDAC region.

The first trading sessions were held at power exchanges yesterday, for delivery today. So far there were no indications of glitches with the quarter-hourly products.

A more than a year-long testing campaign for the 15-minute MTU solution included the validation of local, regional and cross-border functionalities, verification of connectivity between parties and confirmation of overall system readiness, the Market Coupling Steering Committee, MCSC, said last month.

Also of note, Cyprus launched its electricity exchange yesterday, with day-ahead, forward and balancing markets. In spot trading, the interval is 30 minutes.

Benefits from trading blocks with shorter intervals

The European Union is pushing the electricity market to improve efficiency by matching production and consumption more accurately. With the rising shares of solar and wind power in the energy mix, the frequency and intensity of fluctuations from weather changes are growing as well.

As the energy transition and digitalization progress, market time units could get shorter and shorter

The 15-minute interval captures the changes better than the one-hour block, reducing balancing needs and costs and freeing up capacity. As the energy transition and digitalization progress, market time units could get shorter and shorter. Importantly, it implies an exponential rise in computing power.

Wind and clouds aren’t very predictable, so unmatched production forecasts cause imbalances. It can burden the intraday market, where they are corrected. Shorter intervals lower the deviations.

Opportunity for battery storage deployment

With 15-minute products, more short-term fluctuations will already be captured in the day-ahead auction, Vattenfall said in a comment.

“Generation and demand can now be mapped much more precisely. We can submit more accurate forecasts, market renewables more effectively, deploy batteries and pumped storage more efficiently, and significantly increase system flexibility,” the company’s Head of Short-Term Asset Optimization Jörg Seidel pointed out.

Consumers could also benefit, according to the Swedish energy producer and supplier. More precise price signals open new savings potential through dynamic tariffs and smart meters, enabling households to use electricity when it is cheapest, it explained. It could make heat pumps, photovoltaic systems, batteries, and electric vehicle charging more efficient and affordable.

“Flexibility is becoming the currency of the energy transition,” Seidel stressed.

Nevertheless, nothing changes for small consumers including households until they get an electricity meter that can track quarter-hourly blocks.

With higher fluctuations in shorter intervals, opportunities arise for operators of battery energy storage systems (BESS) and other storage and balancing technologies, which stabilizes the electricity system. The switch to the 15-minute MTU is mostly beneficial for aggregators as well, reducing their exposure to penalties for failing to meet forecasted levels of production.

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October 2, 2025
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Electricity exchange kicks off in Cyprus with 17 participants

The liberalization of the power market in Cyprus took effect alongside the launch of the electricity exchange, with day-ahead, forward and balancing markets.

The island country is one of the most isolated energy systems of the European Union. It relies on expensive oil plants to cover its power needs. Cyprus has no electricity or gas interconnections, and the rate of curtailments of renewables is high.

It translates to the highest wholesale prices in Europe, as well as high retail tariffs for consumers. The project for the Great Sea Interconnector linking the electricity systems of Cyprus and Greece would ease the strain, but it is suffering massive delays due to geopolitical and economic factors.

With the liberalization, 17 participants can submit offers and form prices in the day-ahead, forward and balancing markets, which the Transmission System Operator of Cyprus (TSOC) operates.

Specifically, there are two conventional producers, two suppliers, nine aggregators and three renewable energy producers, according to the Cypriot Electricity Market Association (CEMA). Trading works in 30-minute intervals, instead of the monthly settlements until September 30 and today.

TSOC reported that prices in the day-ahead market for October 1 ranged from zero to 180 per MWh. The level cratered from EUR 150 per MWh to nothing for the interval for delivery from 11:00, and remained there through 14:30. The price was EUR 1 per MWh for the next half hour, only to jump to EUR 151 per MWh in the next time segment.

The daily high was registered at 19:30. Most intervals were at EUR 160 per MWh to EUR 170 per MWh.

Consumers will gain from flexible tariffs

The operator and the Ministry of Energy, Trade and Industry are hopeful that new markets would remove market distortions. Furthermore, flexible tariffs can be offered to final consumers.

“Independent suppliers can now form their own energy mix, combining conventional and renewable sources. This allows them to offer flexible tariffs with reduced prices during the hours of increased renewable production and at night,” CEMA stressed.

EAC: A chance for the green transition

“Our organization is ready and committed to continue being a reliable pillar for electricity in Cyprus… The opening of the market is not just an institutional change, but a chance for growth, for the green transition and improving everyday life for citizens,” state-owned Electricity Authority of Cyprus (AIK or EAC) said. It is the dominant producer in the island.

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September 18, 2025
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RES Croatia to Brussels: Renewables have no future in Croatia

RES Croatia, together with SolarPower Europe and WindEurope, has sent a letter to the European Commission to raise concerns about the crisis in Croatia’s renewable energy sector.

The three associations emphasized that for several years, 60 projects for investments in solar, wind, geothermal, and batteries have been blocked, and that if nothing is done, many of them would soon be abandoned.

Without urgent deblocking of renewable energy projects, Croatia will lose investments, increase fossil fuel imports, which already exceed 25%, and miss the European Union’s and national target of at least 42.5% of energy consumption coming from renewables by 2030, according to Renewable Energy Sources of Croatia (RES Croatia), SolarPower Europe and WindEurope.

The national organization warned that the government is gradually phasing out subsidies for electricity prices for citizens and entrepreneurs. At the same time, the development of renewable energy sources as the only sustainable solution for lower bills and lowering imports is at a complete standstill, it added.

Projects with a total capacity of 3.5 GW and investments of EUR 3 billion are blocked

Croatia is currently subject to infringement proceedings due to delays in implementing the European Union’s RED II and RED III directive. They aren’t just a piece of paper, but a mechanism to ensure energy security and independence, which is of strategic interest for Croatia and its citizens, RES Croatia underscored.

The organizations are urging the European Commission to use its tools to demand from the government to determine the grid connection fee, but at EUR 0 per kWh, open up the balancing market for renewable energy producers, and integrate battery energy storage systems (BESS) and electrification into national planning.

Currently, 60 projects for solar power plants, wind farms, geothermal power plants, and batteries with a total capacity of 3.5 GW and investments of EUR 3 billion are blocked, according to the letter, accompanied by an annex.

The domestic industry is unable to sign long-term PPAs

For these projects, the state has already charged EUR 25 million through energy approvals— the first in a series of documents that requires payment to the state, which, due to the blockage, are beginning to expire at the end of this year.

Organizations stressed that these projects are permanently losing the paid money, while local communities are losing significant revenues that would have been allocated to them from the implementation of renewable energy projects.

They also drew attention to the domestic industry’s inability to sign long-term power purchase agreements (PPAs) with renewable energy producers, securing more favorable market conditions and thereby increasing its competitiveness in European and global markets.

Of note, the European Commission advised Croatia in June to speed up the installation of renewable energy capacities.

If nothing is done, projects of as much as 2.5 GW overall will be abandoned as early as next week

The associations pointed out that the development of new projects larger than 10 MW has stalled since 2022 because the Croatian Energy Regulatory Agency (HERA) has not set a transmission network connection fee for renewable power plants.

Instead, they added, Croatia’s transmission system operator (TSO) HOPS is trying to shift the costs of network modernization – planned over ten years ago and not related to new projects – to new renewable energy projects.

The minister of economy said in March that the upcoming connection fee would be EUR 0 per kW

It is increasing the project cost by 30% to 40%, making them unprofitable, RES Croatia said.

Such a model for financing the network is not from European practice, because 80% of member states rely on EU funds and their national budgets, rather than on producers.

They also recalled that the minister of economy announced in March that a connection fee would be set at EUR 0 per kW and that developers would be offered flexible contracts to encourage investment in battery storage. But that promise has not yet been fulfilled.

The three organizations warn that if nothing is done, projects of up to 2.5 GW altogether would be abandoned as early as next week after HOPS’s decision,. It means companies would withdraw from the Croatian market and lose millions in investments that would have permanently lowered energy prices in the country, RES Croatia claimed.

The balancing market is not functional

An additional problem is the non-functional balancing market, according to the letter.

HEP Proizvodnja, a subsidiary of state-owned utility Hrvatska Elektroprivreda (HEP), is the dominant provider of balancing services, and often the only one. HOPS is legally obliged to ensure market-based procurement of these services, yet it is itself a wholly owned subsidiary of HEP.

It creates an obvious conflict of interest and undermines market competition, the signatories underlined.

“Despite the demonstrated technical ability of solar and wind power plants to provide balancing services, HOPS doesn’t allow these plants to participate in balancing markets. As a result, HOPS frequently activates extremely expensive balancing resources, often at maximum regulated prices even during hours of high renewable generation and positive market prices,” the letter reads.

Croatia has no serious electrification plan

The organizations pointed out that such pricing constitutes a clear violation of the EU principle that balancing services must reflect only the actual costs incurred by the TSO.

They also stressed that Croatia lacks a concrete electrification plan. In 2022, renewable energy accounted for only 2.4% of final energy consumption in transport, with electricity from renewables contributing just 0.2%.

The target for renewable electricity in transport by 2030 is only 5.8%, reflecting limited ambition compared to the EU ambitions, according to the letter.

Electrification of railways could significantly reduce emissions and accelerate the transition, however, it remains an untapped potential, the signatories organizations noted.

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September 17, 2025
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Bulgarian coal plant mulls replacing boiler with molten salt battery

The operator of the AES Maritsa iztok 1 coal plant in Bulgaria is interested in replacing one of its boilers with a molten salt reactor. It would accumulate excess renewable energy from the power grid as heat and produce steam to drive the existing turbine.

With the surge in solar and wind power capacity throughout the world, the grid needs to match it with balancing and flexibility to handle the intermittency of the two sources. Their output varies with weather conditions, so the amount of electricity is often much higher or lower than demand.

Batteries are all the rage now, with investors racing to bridge the gaps between intraday peak production and peak consumption. Southeastern Europe is catching up with the trend, especially in Bulgaria, Romania and Turkey.

A molten salt battery could turn out to be a lifeline for AES Maritsa East 1

It opens up space for some other solutions in the emerging energy storage market which are nearing maturity. United States-based AES Corp.’s subsidiary in Bulgaria is examining one such overlooked opportunity. The molten salt reactor technology could revive the prospects of its coal power plant in Galabovo in Stara Zagora province.

The operator of the AES Maritsa iztok 1 (AES Maritsa East 1) facility is planning to transform one of the units into a so-called Carnot battery, Capital.bg reported. Such systems turn electricity into thermal energy and store it, to convert it back to electricity.

AES plans to maintain generator’s capacity

The company’s solution of choice is a molten salt reactor, which would replace the boiler. AES plans to power it with surplus renewable energy and produce steam for the existing 345 MW turbine. Importantly, among its other assets is the Saint Nikola wind power plant of 156 MW, the largest in Bulgaria.

The battery would hold enough heat to drive the unit at maximum power for five hours, translating to 1.73 GWh.

Coal plants can technically work nonstop, but the market has all but overrun most such facilities in Europe. Now they increasingly operate only when prices are high, covering peaks. It could make the business case for molten salt reactors and preserve jobs.

Molten salt is used in concentrated solar power (CSP) plants. They mostly use electrolytes such as alkali metal chlorides – sodium chloride, potassium chloride or lithium chloride – or nitrates: for instance, sodium nitrate or potassium nitrate.

Need for energy storage strengthening with rise in intraday price spreads

Market prices were negative on 2.8% of the days of last year, while they were lower than EUR 5 per MWh for 8.8% of the time. It compares to 1.9% and 5.5% in 2025, respectively, the article adds. The spread between the maximum and minimum prices is increasing. On 53% of days in the first half of this year, the difference was between EUR 100 per MWh and EUR 200 per MWh. The share of spreads above EUR 200 per MWh was 30%.

Such high amplitudes indicate both oversupply and shortages within the same day, amid the strong growth in variable renewables capacity.

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September 9, 2025
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Bajramović: Investments of BAM 1.4 billion needed for distribution grids in BiH

Necessary investments in Bosnia and Herzegovina’s electricity distribution grids by 2030 amount to BAM 1.4 billion (EUR 716 million), according to Zijad Bajramović, chairman of the Bosnia and Herzegovina committee of the International Council on Large Electric Systems (CIGRE).

The growing installation of power plants utilizing renewable energy sources is creating congestion in transmission and distribution networks, so the limited available capacity for their connection is an issue across the entire region, Zijad Bajramović told state news agency Fena. Nezavisne Novine republished the report.

An additional burden on the distribution network is expected from the electrification of transportation and increased electricity use for heating and cooling.

Energy storage is a solution for the problems emerging in the grid

Bajramović explained that new 110 kV substations are necessary, as is the completion of the ongoing transition to the 20 kV voltage level. Attention should also be paid to integrating prosumers, especially the households that both produce electricity, with solar panels on their roofs, and consume it.

He highlighted balancing as well as maintaining voltage conditions and supply quality as the main challenges from the rise in renewable electricity capacity on the grid. Energy storage is a solution for the issues.

Batteries can prevent renewables generation curtailments

Bajramović expects battery energy storage systems to play an increasingly significant role in relieving network congestion.

BESS, in his words, are a flexibility tool for absorbing excess generation locally, and temporarily easing the pressure on the transmission grid. They can prevent curtailments of power generation from variable renewable sources, he added.

Bajramović recalled that calculations have showed batteries of 225 MW / 450 MWh in total would be necessary to connect 1,500 MW of solar power capacity and 1,000 MW of wind power to the transmission network.

An increase in distribution network tariffs would provide funds for investment in strengthening and modernizing the distribution network, in his view.

Batteries are being installed at a rapid rate around the world as well as in the region. Not only private companies, but also state-owned utilities such as Romania’s Hidroelectrica and Montenegro’s Elektroprivreda Crne Gore (EPCG) are investing in such projects.

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September 9, 2025
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Serbia’s EPS plans to build 500 MW of wind farms with strategic partner

State-owned power utility Elektroprivreda Srbije (EPS) and the Government of Serbia plan to develop a 500 MW wind farm project with a strategic partner, according to Aleksandar Latinović, Head of Ancillary Services at EPS. He also noted that a 1,000 MW solar power project is expected to be online by 2029.

The Energy Infrastructure Development Plan and Energy Efficiency Measures for the period through 2028 envisage the construction of wind farms with a capacity of up to 500 MW.

The project could be similar to the 1,000 MW solar power project with 200 MW battery energy storage systems (BESS) that Serbia is implementing with strategic partners Hyundai Engineering and UGT Renewables (UGTR).

During the presentation of EPS’s development projects at the Korea-Serbia Strategic Energy Development Forum, held in Belgrade, Aleksandar Latinović recalled that the recently built Kostolac B3 power plant, as well as the pumped storage hydropower plant Bistrica, will provide energy to balance the system.

Tenders for two solar power plants are expected next year

Increasing the balancing reserve, in his words, is crucial for integrating new renewable energy sources into the power system. He particularly highlighted the Bistrica project, noting that it will have the same energy storage capacity as all currently existing BESSs in Europe. According to Latinović, the plant is expected to be operational by 2031 or 2032.

Latinović also recalled that EPS recently inaugurated Petka, its first solar power plant on a coal tailings dump. Though a small project, it is significant because EPS owns several thousand hectares of similar tailings and ash dumps.

The solar power plants Kolubara A (78 MW) and Morava (42 MW) are in the development phase, with tenders expected to be announced next year. Meanwhile, the Klenovnik project (110 MW) is undergoing a review of its preliminary feasibility study.

The 1 GW solar project is expected to be connected to the grid by 2029

Regarding wind energy, the 66 MW Kostolac wind farm is scheduled to begin trial operations next month.

For other wind farm projects, EPS and the Serbian government plan a 500 MW project with a strategic partner, he noted, stressing that EPS is willing to acquire already developed, construction-ready projects.

Latinović recalled that the preparation of a spatial plan for the 1 GW solar power project is underway. Strategic partners have already begun preparing investment and technical documentation, and a grid connection agreement with transmission system operator Elektromreža Srbije (EMS) has been signed.

A shortage of balancing energy could be an issue

According to the project timeline, this project will be operational and connected to the grid within four years, Latinović noted.

He stressed that integrating new renewable energy sources into the power system could lead to a shortage of balancing reserves. It is also possible, in his words, that there will be an excess of electricity when a significant amount of renewable energy is produced.

For this reason, EPS has initiated a study to analyze the use of hydrogen and heat storage.

The main focus of this study will be optimizing surplus electricity from intermittent renewable energy sources, increasing the system’s balancing reserve, replacing fuel oil in coal power plants with hydrogen-based fuel, and substituting gas and coal in heat production, Latinović explained.

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August 18, 2025
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North Macedonia’s draft law envisages renewable energy auctions for CfDs

North Macedonia drafted the Law on the Use of Energy from Renewable Sources to facilitate a decrease in fossil fuel consumption and a rise in the share of green energy. The legislation introduces market premiums under two-way contracts for difference (CfDs), which would be approved through renewable energy auctions. It also regulates net metering and net billing for prosumers and defines renewable energy communities.

The Ministry of Energy, Mining and Minerals of North Macedonia called on citizens, experts and stakeholders to submit opinions and proposals for the draft Law on the Use of Energy from Renewable Sources. It will regulate the segment separately for the first time, “following the example of a large number of countries in the region and the EU,” the statement adds.

The public debate lasts until August 30. According to the ministry, the most significant novelty is the two-way contract for difference (CfD). It is defined in Macedonian as contract for market settlement of the price difference. The bill envisages awarding such market premiums through renewable energy auctions.

It is a mechanism that guarantees financial stability for renewable energy producers and protects consumers from extreme price fluctuations, the ministry argued. The draft is fully aligned with the European Union’s energy legislation including the Renewable Energy Directive (RED3), the update adds.

Basis for renewables deployment in heating, cooling, transportation

The proposed measures aim to lower the use of fossil fuels and grow the share of renewables in gross energy consumption, the ministry added. They facilitate support for long-term investments and faster deployment of renewable energy in heating, cooling and transportation, it underscored.

Guarantees of origin of electricity are included in the bill, together with a framework for international cooperation and energy markets.

The draft establishes the basis for the establishment of renewable energy communities of citizens and companies and other legal entities such as local authorities. The scope also involves net metering and net billing for prosumers – “consumers-producers.”

Multiapartment structures can become prosumers with units up to 50 kW

While the ministry earlier said it would raise the upper capacity limit for prosumers in the segment of households to 10 kW, the ceiling in the draft law is 10.8 kW for individual homes and 50 kW for multiapartment structures. The draft also introduces the collective prosumer, a group of citizens and commercial entities residing in the same building or apartment complex.

Prosumers with units up to 16 kW would be in the net metering mechanism. Net billing is for 16 kW to 50 kW, and larger facilities are envisaged for a commercial supply scheme.

Notably, prosumers operating power plants of over 300 kW are obligated to cover the balancing expenses, the text reads.

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August 13, 2025
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Bulgaria to add batteries of up to 10,000 MWh in capacity within months – ESO

Bulgaria’s Electricity System Operator has received applications for the connection of batteries with 12 GW in total capability, according to the transmission system operator’s Executive Director Angelin Tsachev.

Bulgaria currently has 500 MW in battery energy storage systems (BESS), with a capacity of 1,300 MWh. The facilities are in private ownership.

Angelin Tsachev told Bulgarian National Radio that the Electricity System Operator (ESO) received applications for about 12,000 MW, with a capacity of 35,000 MWh.

The TSO’s technical council has considered each grid connection request. The operator issued its opinions on the possibilities for enabling network access to the batteries when the conditions are met, Tsachev pointed out.

BESS can now cover about 1.5% of the country’s daily consumption

BESS can now cover about 1.5% of the country’s daily consumption, he revealed. However, in the coming months, batteries with a combined capacity of 7,000 MWh to 10,000 MWh are expected to be installed, the official added. They would be a serious factor, Tsachev stressed.

No state-owned or private conventional power plants are currently equipped with energy storage systems, he asserted.

After the balancing methodology was changed, commercial developers of projects for intermittent power plants became more disciplined, and now there are no concerns about the balancing of the system, Tsachev said. Electricity exports in the first seven months of this year were higher than in the same period of 2024. Net exports reached almost 230,000 MWh, Tsachev noted.

Good investment opportunity

According to an earlier analysis by Rystad Energy, the best potential profits in battery storage in Europe in 2013 were in Greece and Bulgaria. The country’s city of Lovech, northeast of Sofia, hosts the strongest BESS in the Balkans.

The Ministry of Energy of Bulgaria is reportedly working on a public call for EUR 120 million in state aid for investments in battery energy storage systems of 1.5 GWh overall. In April, it granted EUR 587 million to 82 battery storage projects.

The pace of large photovoltaic projects in Bulgaria indicates that total capacity can reach 6 GW by the middle of next year.

However, the Association for Production, Storage and Trading of Electricity (APSTE) warned that the government’s disproportionately high fees for solar panels and energy storage batteries are preventing the possibility of having permanently low electricity prices in Bulgaria.

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July 14, 2025
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Visual Fan to install BESS facility of 65 MWh for Renovatio Trading

Visual Fan will install a 65 MWh energy storage for Renovatio Trading in Toplița in Romania’s Harghita county.

The batteries market in Romania is very active these days.

The battery energy storage system  (BESS) will be built by Allview Energy, Visual Fan’s division specialized in the development of large-scale photovoltaic parks, including storage capacities.

It is the first major contract for the implementation of a power storage system, Allview said.

The contract is valued at EUR 9.2 million. It is set to be implemented in association with partners Enersec Technology and TQM Services.

The implementation period for the contract is seven months

The project includes state-of-the-art technologies in terms of batteries and energy flow control, according to Allview.

The implementation period is seven months. The deal includes all stages of the project – engineering, procurement and execution, full integration into the energy system and the successful completion and testing.

The goal is to help balance the national grid and accelerate the integration of green energy into daily consumption, Allview added.

“The signing of this contract marks a defining moment in Visual Fan’s development journey, reflecting the company’s strategic maturity and the market’s growing confidence in our skills. Since the end of 2024 and the beginning of 2025, the company has entered a new stage of consolidation and expansion, by attracting major projects, which validate the management’s strategic vision, the team’s expertise and the ability to implement complex solutions on a large scale,” said Christina Munteanu, Economic Director of Visual Fan.

Peticilă: Thec ontract is a confirmation of the active role that Visual Fan has in Romania’s energy future

According to Visual Fan CEO Lucian Peticilă, the signing of the contract is a confirmation of the company’s strategic vision and the active role it has in Romania’s energy future.

Visual Fan is happy to build this path together with Renovatio Trading, guided by the same vision: a clean, balanced and sustainable energy future for Romania, he added.

Of note, a few days ago the National Energy Regulatory Authority of Romania (ANRE) approved a regulation eliminating double taxation of energy storage, to accelerate the deployment of solutions for storing electricity.

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