Europe: Gas prices stabilize...

During Week 10 of 2025, European gas prices initially continued their downward trend,...

Region: SEE electricity market...

In the tenth week of 2025, electricity prices across Southeast Europe (SEE) dropped...

Montenegro: Average household electricity...

The average electricity bill for households in Montenegro in February 2025 was 41.03...

North Macedonia: Day-ahead electricity...

In February 2025, the volume of electricity traded on North Macedonia's day-ahead electricity...
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

Europe: Gas prices stabilize after hitting four-month low amid supply and geopolitical shifts

During Week 10 of 2025, European gas prices initially continued their downward trend, reaching their lowest point in four months on March 6, before experiencing a slight recovery. Warmer temperatures and strong solar power generation led to a series...

Region: SEE electricity market overview – Week 10, 2025

In the tenth week of 2025, electricity prices across Southeast Europe (SEE) dropped significantly, driven by warmer temperatures that reduced demand. Additionally, a decline in gas prices eased electricity market pressures throughout Europe. Most SEE markets experienced double-digit price...

Romania: OMV Petrom to supply Cluj International Airport with sustainable aviation fuel in 2025

Romanian oil and gas company OMV Petrom will supply Cluj International Airport with sustainable aviation fuel (SAF) in 2025, supporting efforts to reduce carbon emissions in air travel. Starting in January, all departing aircraft will use fuel with a...
Supported bySEE Mining News
error: Content is protected !!