Kozloduy NPP Eyes Full Electricity Trading Licence

Kozloduy NPP Eyes Full Electricity Trading Licence

The Kozloduy nuclear power plant (NPP) plans to apply for a fully-fledged electricity trading licence so it could sell electricity directly to the end consumers, the company's executive director, Valentin Nikolov, said.

If the power plant operator is granted the licence by the country's energy regulator, profits will increase by 5.0-10%, Nikolov told the Bulgarian National Radio.

Bulgaria's sole nuclear power plant currently sells electricity to clients in Germany, Austria and Italy through go-betweens. It operates both on Bulgaria's regulated electricity market, where it is obliged to supply a certain amount of electricity determined by the local energy regulator, and on the deregulated segment.

In the first eleven months of 2012, the power station posted a profit of 150 million levs ($100.5 million/76.7 million euro), Nikolov added.

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