2024-06-25 05:29:35
Power from the solar and wind would be the foundation of the transition
The investments might be massive, they could attain 3.6 billion euros
Low cost electrical energy and two choices for fuel with excessive and low costs – that is how we will briefly summarize what customers can count on within the subsequent 25 years. The calculations are recorded within the up to date Built-in Plan within the discipline of power and local weather of Bulgaria, which has been printed for public dialogue. This paper charts the transition to a low-carbon financial system by 2030, 2040 and 2050.
From 2035, electrical energy costs are anticipated to regularly lower as a result of growth of photo voltaic technology. Predictions are that
newly constructed capacities will attain
to 7673 megawatts
From 2025, virtually half of electrical energy manufacturing should come from renewable sources. This might be achieved with subsidies for installations in buildings. As well as, there will even be relaxed financing for onshore and offshore wind installations. It’s predicted that by 2050 there might be 4 gigawatts of wind energy put in, which is able to present 14.9% of the power produced. The set nationwide goal for the share of renewable sources in power consumption is 34.48% in 2030.
The rise in photo voltaic and wind energy will result in a drop within the value of electrical energy. Subsequent 12 months, on common, a kilowatt-hour is predicted to value 20.4 cents, after which it begins to fall to 18.4 cents in 2035, and in 2045 will probably be 12.6 cents. 5 years later, it rises to 16 , 2 st.
Nonetheless, there are two choices for fuel. One is to extend in value after 2035 on account of its mixing with hydrogen, biogas and artificial methane. So
from BGN 82.9 per megawatt hour
will rise to BGN 203 in 2045,
and 5 years later it is going to already be over BGN 317. The opposite foresees a decline from subsequent 12 months and the quotations will transfer inside BGN 84-92. For comparability, the present value is round BGN 60.
The plan additionally specifies the event of nuclear power, together with initiatives for the development of small modular reactors. It is usually deliberate to increase the operation of the 2 reactors on the Kozloduy NPP till 2047 and 2051, respectively. In the intervening time, the working licenses expire in 2027 and 2029. In 2035 and 2040, the brand new rectors of the nuclear energy plant ought to begin working, every with an influence of 1200 megawatts.
In an effort to obtain the set targets, massive investments might be wanted – they could attain 3.6 billion euros by 2030. It’s anticipated that about 1.07 billion euros might be invested within the growth of photo voltaic capacities, in addition to about 1 .28 billion euros in onshore wind farms.
By 2035, there might be
preferential costs
below already concluded contracts for the acquisition {of electrical} power from RES, produced by vegetation with a complete put in capability of lower than 500 kilowatts. The supply of the help will proceed till the expiration of the interval specified within the buy agreements.
New long-term contracts at preferential costs might be concluded just for websites with a complete put in capability of as much as 30 kilowatts inclusive. They are going to be constructed on roof and facade buildings of buildings.
Greater than 2.925 billion euros might be spent on assist for the manufacturing of electrical energy from renewable power sources till the expiration of the phrases specified within the contracts.
The development of recent vegetation utilizing wind and photo voltaic power and biomass might be applied on a market foundation and with out the availability of funding or operational monetary assist.
Bulgaria plans to develop a number of
{the electrical} power storage undertaking,
to have a stability within the system.
One is to extend the exploitation potential of PAVETS “Chaira” by means of the development of the “Yadenitsa” dam. The anticipated worth is round 220 million euros.
One other undertaking is for 2 extra pumped-storage hydroelectric energy vegetation – “Batak” and “Dospat”, at already constructed dams from the “Batashki hydroelectric highway” cascade. Every of them will add about 800 megawatts of recent capability.
Roughly 200 million euros of investments in batteries for frequency regulation, whose whole energy is about 180 megawatts, are additionally deliberate. The identical quantity might be invested in selling the mix of recent RES with native electrical power storage services – a complete of about 200 megawatts.
It is usually deliberate to transform EAS Galabovo right into a large-scale facility for power storage utilizing molten salts. The salt is heated by daylight mirrored off the mirrors. The recent salt is then pumped to a warmth exchanger the place steam is produced. It drives a turbine that generates 345 megawatts of electrical energy. Power storage is predicted to be from 5 to 10 hours. It’s anticipated to be in business operation in mid-2026.