Bulgarian Energy and Mining Forum NGO made a recent announcement stating that Bulgaria is aiming to install 10,000 charging points for EVs in the next five years. The announcement also added that the charging points would be powered by renewable energy.
This target comes as part of the goals set by the memorandum of cooperation signed in February, 2022 by the state’s Electricity System Operator (ESO), the National Association of Municipalities in the Republic of Bulgaria, the Branch Chamber of Power Engineers, the Electric Vehicles Association, the Electric Vehicles Industrial Cluster and the Electric Vehicle Owners Association in Bulgaria.
The agreement further reveals that ESO, which is currently operating 297 substations in the country, will be responsible for the plugging of the EV charging stations into the grid once they are constructed. The project includes the installation of both AC and DC charging points however the exact capacities have not yet been discussed.
ESO forecasts the number of EVs in Bulgaria to reach 200,000 by 2030 consuming 600,000 MWh of electricity annually. This number will reach to 3,500,000 EVs in 2050 requiring 10,000,000 MWh of electricity per year. On the other hand Bulgaria’s current car fleet of ICE uses fuel that is an equivalent amount of 45 million MWh of electricity. These forecasted numbers indicate that Bulgaria, with the mass influx of EVs, could potentially bring a three-fold decline in the energy consumption of the transport sector.
With this plan in place Bulgaria , having one the lowest number of EV charging points in Europe, also aims to come on the same footing in the e-mobility market as other countries in the region.
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