Electrica gears up for another 200 MW energy export

Electricity exports have in the past two months come to be even five times bigger than in the similar periods of 2009. Romania is likely to reach total exports of 500 MW.
Romania currently exports 300 MW of energy to Serbia, the equivalent of Petrom’s two-year consumption, and there are talks for another 200 MW export in October, to the same buyer, Rudnap group of Serbia, about which little is known.
Early this month, Electrica, an electricity distribution and supply company, was the broker of a deal worth around 100m euros representing a 300 MW electricity export to Serbia.
Market sources say that besides the 300-MW energy export over a one year period to Rudnap, which started on September 1, an additional document for a further 200 MW for the same company is being prepared. Overall, the export is likely to reach 500 MW, almost 70% of the capacity of a Cernavodă nuclear reactor, with the total value of the deal going as high as 200m euros should the second contract also be sealed over a one-year period.