00:15

05.01.17

1 min.

Bulgaria’s Electricity Export Collapses in 2016

Standartnews |

Bulgaria’s Electricity Export Collapses in 2016

Bulgaria's electricity export sunk by 39% in 2016, the electricity system operator says.


The amount of electricity generated by hydro-electric plants and by ones using bio mass also went down.
In 2016, Bulgaria exported 6.41 million Mwh of electricity, as against 10.5 million a year earlier.


Shrinking power consumption in SEE region and shrinking consumer prices of electricity are seen as the main culprits for this negative tendency, along with the falling price of natural gas.


It made it possible for Greek and Turkey to restart their power stations running on natural gas, instead of buying electricity from Bulgaria.


On the other hand, the domestic power consumption for last year increased by 0.16% year-on-year to 38.6 million Mwh.


In 2016, Bulgaria's power stations generated slightly above 45 million Mwh of electricity, as against 49 million a year earlier. This is a decrease by 8.27% y/y.



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