RES & BESS projects: From market cannibalisation to contracted cash flow
1 December 2026

As renewable energy markets evolve, securing predictable revenues and financing bankable projects is becoming increasingly complex. Market cannibalisation, changing contractual structures and the growing role of battery energy storage systems (BESS) are reshaping the economics of renewable energy investments.
 
Wolf Theiss Partners Katerina Kraeva and Radoslav Mikov will examine the legal and commercial challenges facing renewable energy and storage projects, with a particular focus on the Bulgarian market.
 
The discussion will explore contractual strategies to protect revenues, bankable storage solutions and emerging sources of electricity demand, including data centres.

Agenda

09:00 – 09:30 Registration and welcome coffee

09:30 – 09:45 Opening: When solar eats its own revenues
Market cannibalisation in Bulgaria

09:45 – 10:15 Session 1: Contractual protection for project revenues
Which structures effectively protect cash flows? Physical, sleeved, virtual and hybrid PPAs

10:15 – 10:55 Session 2: Storage as a solution
BESS tolling agreements, merchant models, revenue floors and hybrid PPAs

10:55 – 11:10 Coffee break

11:10 – 11:35 Session 3: The lender’s checklist
Bankability, direct agreements and step-in rights

11:35 – 13:00 Session 4: Data centres and the energy market
New demand drivers and challenges for the energy system

13:00 – 13:15 Key takeaways and closing remarks

13:15 Networking cocktail

Time & Place

Date: 1 December 2026
Time: 09:00 – 13:15 EEST
Location: Wolf Theiss, Office Park Expo 2000, Phase IV , 55 Nikola Vaptsarov Blvd, 7th floor, 1407 Sofia, Bulgaria

Registration

Participation is free, upon your confirmation. The event will be held in Bulgarian. Parking available upon notice. For further information, please contact: maria.todorova@wolftheiss.com Please register using the Register button.