Beloreshki

power distribution · Modernisation Fund · Recovery and Resilience Plan

How long will we wait for the grid?

26 February 2024 · First published in Capital · Original in Capital →

In brief

After a winter outage that left over half a million households without power, the author notes that Bulgaria was first to win €197m from the EU Modernisation Fund for three distribution-company projects and one ESO project, yet six months on the money has not been allocated, no contracts are signed, and renewable connection requests exceed 40 GW. He warns that the two-year deadline and the Recovery Plan are at risk, calls for anticipatory grid investment and accountability, and asks whether the cause is lack of leadership rather than sabotage.

Original in Capital →

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