Slovakia to boost electricity exports after completion of Mochovce nuke plant.

By bne IntelliNews June 27, 2012
Slovakia is expected to start recording higher annual electricity exports than imports after the two blocks that are currently built at the Mochovce nuclear power plant are completed in 2014, TASR news agency reported, quoting estimates of the Regulatory Office for Network Industries (URSO). Imports of electricity to Slovakia reached 11,227GWh last year, while exports from the country stood at 10,500GWh, making a deficit of 727GWh, data from URSO showed. The regulator said that Slovakia was relying on imports for the fourth year in a row in 2011, but the imports had a trading character and were not caused by a lack of domestic output. The overall electricity consumption in Slovakia reached 28,862GWh last year, up 0.4% y/y, while electricity production grew 1.5% to 28,135GWh. The regulator said that the production and consumption in 2011 were below the pre-crisis levels, but it expects the Slovak economy to recover gradually.

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