AICB and Technical University-Sofia gather leading energy experts at a round table

Association of Industrial Capital in Bulgaria (AICB) and Technical University - Sofia gather leading energy experts at the first ever round table "Innovations in energy storage - key to a sustainable energy transition". The event will be held on November 20 at the Sofia Balkan Palace Hotel, the business organization recalls.

The round table will be opened by the Minister of Energy Rumen Radev, the Minister of Environment and Water Julian Popov, the Deputy Minister of Innovation and Growth Georgi Angelov and the MEP Tsvetelina Penkova.

During the round table, the challenges facing the production and storage of energy, the appropriate solutions for increasing Bulgaria's capacity in this area, the various storage technologies, their indicators and opportunities for applicability in the national context will be discussed. AICB expects the round table to help in the formation and popularization of the main emphasis in the Strategy for sustainable energy development of the country until 2030 and with a vision until 2050.

Among the participants in the event will be the executive director of NEC Eng. Martin Georgiev, the executive director of the Electric Power System Operator Angelin Tsachev, the rectors of the Technical University-Sofia and the University of Mining and Geology Prof. Ivan Kralov and Prof. Ivaylo Koprev and others.

Energy storage plays a crucial role in ensuring a sustainable energy transition. AICB has been working on the topic for years, giving constructive opinions and proposals on the energy policy led by Bulgaria.

In 2022, the Association developed and presented its vision for the development of the Bulgarian electricity industry with a horizon of 2050. For AICB, without energy storage, it is impossible to achieve a sustainable energy future. Energy storage technologies improve grid stability, facilitate the integration of renewable sources, optimize energy management, support the electrification of existing infrastructure and transport, increase sustainability and contribute significantly to the reduction of greenhouse gas emissions. Continued research, development and deployment of energy storage solutions are critical to a successful and sustainable energy transition.