Bulgarian Resource Adequacy Assessment - 2026 Edition

This adequacy study is performed pursuant to Article 24 of Regulation (EU) 2019/943 of the European Parliament and of the Council of 5 June 2019 on the internal market for electricity. It has a regional scope, and it is based on the methodology referred to in Article 23(3) in points (b) to (m) of Article 23(5) of the mentioned Regulation.Bulgarian resource adequacy assessments 2026 (BGRAA 2026) contains the reference central scenario (WAM – with additional measures) based on BGINECP. In addition, BGRAA 2026 assumes extra scenarios that reflect the various sensitivities, such as no offshore Wind development and without BESS integration in contrast to BGINECP. It falls short of the scope specified in the legislative package for "Clean Energy for All Europeans". As a lot of specific information is needed to forecast and optimize a power system's operation, the BGRAA 2026 scenarios and outcomes should not be interpreted or used under this new legal framework. Even with the greatest data available, the results are subject to significant ambiguity, which makes it challenging for market participants to make decisions.