Bulgaria to Start Exporting Electricity to Turkey Once Again

Business » ENERGY | October 4, 2010, Monday // 20:19
Bulgaria: Bulgaria to Start Exporting Electricity to Turkey Once Again Bulgaria is expected to resume its electricity exports for Turkey for the first time since 2003. Photo by BGNES

Bulgaria should be able to start exporting electricity to Turkey end of October, the energy ministers of the two countries agreed in Sofia.

Bulgarian Minister of Economy, Energy, and Tourism, Traicho Traikov, welcomed his Turkish counterpart, Energy Minister Taner Yildiz, who accompanied Turkish Prime Minister Recep Tayyip Erdogan on his visit to Sofia.

According to their agreement, Bulgaria can start exporting electricity to Turkey on October 24, 2010, when Turkey will complete the synchronization of its power network with the European electricity network (UCTE) that it formally joined in September.

Thus, in November and December 2010 Bulgaria will be able to offer Turkey 150 MW of electricity monthly, and about 500 MW monthly starting in January 2010.

Turkey stopped buying electricity from Bulgaria in 2003 arguing the latter did not fulfill the intergovernmental agreement signed in 1998, which stipulated Bulgarian electricity exports for Turkey in exchange for the participation of Turkish companies in Bulgarian infrastructure projects.

Under the 1998, the Turkish company Tetas bought from Bulgaria 4 billion kW/h of electricity annually.

Bulgaria’s National Electric Company NEK is to start a tender for an intermediary to export Bulgarian electricity to the Turkish market. Twelve companies have already expressed interest. To be eligible, they need to have a license for the export of electricity from the Bulgarian government and a license to trade electricity on the Turkish market.

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Tags: electricity, electricity exports, turkey, Totas, Traicho Traikov, Economy Minister, NEK, Taner Yildiz

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