Romania: EIB invests 30...

The European Investment Bank (EIB) is allocating up to 30 million euros to...

Montenegro: EPCG announces tender...

Montenegrin state-owned power utility EPCG has launched a tender for the procurement of...

Bosnia and Herzegovina: HPP...

As part of the ongoing construction of the Dabar hydropower plant, planned work...

Bosnia and Herzegovina: FBiH...

The Government of the Federation of Bosnia and Herzegovina (FBiH) has proposed a...
Supported byClarion Energy banner
HomeSEE Energy NewsSEE region: ESO...

SEE region: ESO to invest more than 500 million euros in network upgrade

Bulgarian Transmission system operator intends to spend 1 billion levs (511 million euros) in power grid upgrades and expansion by 2030 under a Bulgarian-Romanian project which has been fast-tracked by the European Commission.

The EC has put the Carmen II project on its list of cross-border projects of common interest, enabling faster roll-out and potential EU funding allocation, ESO said in a press release.

ESO is partnering on the project with Romanian Transelectrica and power and gas distributor Delgaz Grid. Investments will target the expansion and digitalisation of the Bulgarian and Romanian grids, in part to support the addition of new renewable sources. The implementation of new smart grids will also boost capacity and connectivity with Moldova, Hungary and Ukraine.

On the Bulgarian side of the project, ESO will build new fully-digitised 400/110 kV substations, overhaul and upgrade existing substations, and transform them from a low voltage level of 220/110 kV to high-voltage 400/110 kV. Additionally, ESO plans to build 222 km of new 400 kV digitised power lines.

There will be a focus on capacity expansion in northeastern Bulgaria to harness the region’s high potential for renewable energy production estimated at more than 8,000 MW, including in the form of green hydrogen. Most existing or planned onshore wind capacity in Bulgaria is centred in that region. Bulgaria has yet to install offshore wind capacity, but there are plans for floating wind turbines under the Black Sea Floating Offshore Wind project involving Bulgarian and Romanian companies.

More capacity in northeastern Bulgaria is also needed to secure renewable power transmission along the cross-border North-South priority corridor, ESO added.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Romania: EIB invests 30 million euros in Pestera II wind farm to boost renewable energy and energy security

The European Investment Bank (EIB) is allocating up to 30 million euros to support a major wind energy project in Romania, reinforcing the country’s transition to renewable energy and bolstering its energy independence. This investment will help develop a...

Montenegro: EPCG announces tender for solar panels in Kapino Polje L1 power plant expansion

Montenegrin state-owned power utility EPCG has launched a tender for the procurement of solar panels for the Kapino Polje L1 solar power plant near Nikšić. The project involves the acquisition of 8,625 photovoltaic modules, each with a capacity of...

Bosnia and Herzegovina: HPP Dabar construction advances with 66 million euros planned for 2025 and strong power output for RS

As part of the ongoing construction of the Dabar hydropower plant, planned work for this year is valued at 66 million euros. Danilo Ilic, the director of the project company, explained that current activities include construction on the power...
Supported bySEE Mining News
error: Content is protected !!