Bulgaria: Profit increase at NPP Kozloduy in Q1 2021

, SEE Energy News

During the first quarter of 2021Bulgarian sole nuclear power plant NPP Kozloduy recorded a net profit in the amount of 70.3 million euros, which slightly higher compared to a profit of 64.6 million euros in the same period last year. The power plant’s sales revenues increased by 9.1 % to 195.6 million euros in the January-March 2021 period. NPP Kozloduy sold 4,342,879 MWh of electricity in the first quarter of 2021, a 3.2 % decrease year-on-year. Sales on the regulated market amounted to around 1 TWh or 28.6 million euros, while sales on the free market amounted to around 3.3 TWh or 166.8 million euros. On the other hand, expenses rose by 7.8 % year-on-year to 119.2 million euros, The power plant’s output fell by an annual 3.5 % to 4,537,681 MWh in the first three months of the year.

Originally, NPP Kozloduy had six reactors, but four older 440 MW reactors were shut down in 2007 due to nuclear safety concern of the European Union. The plant currently operates two Soviet-built 1,000 MW reactors, unit 5 and unit 6 which were commissioned in 1987 and 1991 respectively.