The Central and Eastern Europe (CEE) energy storage market is in its infancy but has the potential to leapfrog more developed markets with Poland in a leading position, said executives from Fluence.

Bulgaria is launching a public consultation into a grant auction scheme for renewable energy and up to 350MW of energy storage facilities.

Bulgarian Ministry of Energy and EBRD have signed agreements for the development of renewables in the country.

Power company AES Bulgaria has signed a non-binding memorandum of understanding (MoU) with the Bulgarian ministry of energy to assist the country in its decarbonisation transition.