Банкеръ Weekly

Briefs

BULGARIA COVERS 50% OF ELECTRICITY SHORTAGE IN THE BALKANS

There is no danger of an energy crisis during the present heating season, the Minister of Energy and Energy Resources Milko Kovachev announced at a press conference on January 8, 2002. He recalled that Bulgaria exported about 7 billion kWh of electricity in 2001, up 8% from 2000. The electricity exported by Bulgaria covers 50% of the shortage experienced by the countries in the Balkan region, Mr. Kovachev added. Bulgaria sells electricity to Serbia, Montenegro, Macedonia, Kosovo, Greece, and Turkey. Our southeastern neighbour is the biggest consumer of Bulgarain electricity, which bought 3.8 billion kWh in the last 12 months. Bulgaria generated almost 43,886 million kWh of electricity in 2001.The future of units 1 and 2 of the Nuclear Power Plant of Kozlodoui on the Danube will be discussed during the presentation of Bulgaria's overall energy strategy in front of European Union experts.

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