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The tender for the Greece-Bulgaria electricity link will be concluded by the end of January

SOFIA (Bulgaria), Jan 14 (SeeNews) – A new 400 kV electricity interconnector between Greece and Bulgaria is in its home stretch, with the tender in Greece expected to close at the end of January, regional media reported .

The company, a European Project of Common Interest (PCI), is expected to increase capacity in the Bulgaria-Greece direction to 1,350 MW and in the Greece-Bulgaria direction to 800 MW, Balkan Green Energy News reported earlier this week. , citing the latest ten-year development plan of Greece’s Independent Electricity Transmission Operator (IPTO).

Construction on the Bulgarian side began in 2020, while in Greece it is expected to start soon to be completed by the end of 2022, the outlet said.

A working group between Greece, Bulgaria and Turkey is examining different scenarios to increase the transmission capacity between their electricity systems. Two new projects, a 400 kV Greece-Turkey line and a new 400 kV Bulgaria-Turkey line have been proposed.

IPTO’s development plan foresees total investments of 4 billion euros ($4.58 billion) during the period 2023-2032, with more than half of the capital expenditure planned for the period until 2026.

New interconnections in the Balkans are considered by the European Union and the countries of the region as an essential step to ensure security of supply in the future. Furthermore, IPTO and other Balkan operators are focusing on the role of energy storage as a means to stabilize supply and demand and lead to an efficient power system in the years after 2030 in a high penetration environment. renewable energies.

IPTO is the owner and operator of the Hellenic Electricity Transmission System (HETS).

($ = 0.8728 euros)