SE Bulgaria Registers 37% Increase in Renewable Electricity Production

Business » ENERGY | August 13, 2012, Monday // 17:17
Bulgaria: SE Bulgaria Registers 37% Increase in Renewable Electricity Production Photo by dariknews.bg

The production of renewable electricity in southeastern Bulgaria increased by 37% in July 2012, while the expenses for purchasing green power went up by 56%, according to data of power distributor EVN Bulgaria.

The information published by EVN Bulgaria on Monday spans the period since the entry into force of a 13% power price spike (July 1), which was attributed to the unplanned-for increase in grid-connected electricity generation from renewable sources, regardless of the decrease in the tariff at which the National Electric Company (NEK) and the three power distributors are obliged to buy green energy.

According to data of EVN Bulgaria, 84 103 MWh of renewable electricity worth BGN 40.5 M were produced in southeastern Bulgaria in July 2012.

Southeastern Bulgaria had 552 MW of installed renewable capacity.

The share of energy generated by photovoltaic plants was 86.5% in terms of production and 92.5% in terms of expenses for purchasing it.

Energy generated by small hydro-power plants had a share of 10.3% as regards production and a share of 3.5% as regards purchasing costs, while the remaining share was of energy generated by wind farms.

In July 2012, the production of renewable electricity increased by 37% on the month, while the expenses for buying green power went up by 56%, according to EVN Bulgaria.

The company expects the upward trends in the production and purchasing costs of renewable electricity to remain in place in the following month due to the anticipated favorable climate conditions.

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Tags: EVN Bulgaria, power distributor, renewable energy, renewable energy sources, photovoltaic plant, wind farms, National Electricity Company, NEK, hydro-power plant

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