Tuesday, February 14, 2012

Romania May Cut Electricity Exports on Higher Domestic Demand

Romania may interrupt exports of electricity between Feb. 16 and March 15 to cover rising domestic consumption because of freezing temperatures, according to a draft law on the Economy Ministry’s website.

The Balkan nation, which faces a “heavy power deficit” following a drought that kept river-water levels low and increased heating demand, will start cutting power exports from about 500 megawatts per hour, President Traian Basescu said during a speech today.

“There will be no problem in supplying electricity to citizens,” Basescu said. “If we will face problems we can start cutting supplies to companies under a pre-established plan.”

To contact the reporter on this story: Andra Timu in Bucharest at atimu@bloomberg.net.

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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