Bulgaria’s Electricity Export Up 31.7% Y/Y in Jan-Sept

Business » ENERGY | October 1, 2015, Thursday // 12:00| Views: | Comments: 0
Bulgaria: Bulgaria’s Electricity Export Up 31.7% Y/Y in Jan-Sept Photo by BGNES

By end-September 2015, Bulgarian producers of electricity exported 8.42 million MWh, according to operational data of the Electricity System Operator (ESO).

Bulgaria’s electricity export went up by 31.7% on an annual basis during that period.

One of the reasons behind the increase is the increased capacity of the network via which electricity is supplied to Greece to a rate of 700 MWh, which was used in the summer months when electricity consumption is traditionally higher.

ESO data, as cited by investor.bg, also indicates a slight slowdown of the growth in electricity export, taking into account that growth stood at 35% in the first eight months of 2015.

However, the slowdown is typical for the autumn months, when electricity consumption traditionally shrinks.

In the first nine months of 2015, the electricity production went up by 8.8% to 36.5 million MWh, while electricity consumption added 3.4%.

In the first nine months of 2015, Bulgaria’s power consumption stood at slightly over 28 million MWh.

ESO continues to report growth in the production of electricity by hydroelectric power plants.

In the period January - end-September 2015, a total of 5.4 million MWh of electricity was produced by hydroelectric power plants in the country, up by 54.5%, according to ESO data.

 

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Tags: Electricity System Operator, ESO, electricity exports, power grid
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