Bulgaria reports record-high exports of electricity of 30% more in a year

The export rate of electricity reached record-high levels and jumped by almost one-third in a year alone. This year, regional markets expect a supply of 10,5 bn kWh of electricity from our country, explained yesterday Mityu Hristozov, Director of the Central Dispatching Unit with the Bulgarian Electricity System Operator (ESO). He was involved in the discussion for the liberalisation of energy markets in the region which was part of the Bulgarian Economic Forum.

The current record export rate of electricity resulted mainly from the fact that, at present, there is not enough rainfall in the region in order for HPPs (hydropower plants) to operate so that our country remains the major electricity exporter, stated Hristozov. Neighbouring countries have at their disposal considerably less water supplies. Therefore, they experience a shortage of energy. Currently, dams hold about 65% of the water supply for electricity generation but, at the same time, last year this stood at 90%. In 2010, 8.5 bn kWh of electricity were exported, while, until November 23 this year alone, a total of 9.6 bn kWh were exported. Electricity was exported mainly to Greece, Serbia and Romania.

Hristozov added that significant growth has been registered in domestic electricity consumption. According to ESO data, this year, users are expected to consume 1.5 bn kWh more - an increase of 4%. For the first time since 2000, the domestic consumption rate rose by more than 1.5%, explained the expert. He added that this could be due to greater domestic consumption and the cold weather.

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