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CURRENT SITUATION IN POWER SUPPLY STABLE DESPITE DROUGHT - CEO

ZAGREB, Aug 27 (Hina) - Commenting on disturbances in power delivery from Slovenia and Hungary on Wednesday morning, Croatian power utility company HEP CEO Ivo Covic said the situation was stable and that these were the first major failures in power supply during the recent extensive drought.
ZAGREB, Aug 27 (Hina) - Commenting on disturbances in power delivery from Slovenia and Hungary on Wednesday morning, Croatian power utility company HEP CEO Ivo Covic said the situation was stable and that these were the first major failures in power supply during the recent extensive drought. #L# "At present the situation... is under control although such disturbances or a series of them simultaneously could cause problems in supply, but everything will be done to eliminate them," Covic told a news conference. This year's drought has strained the power supply system and HEP estimates the damage revolves around 300 million kuna (EUR40 million). The drought has diminished production in power plants, including at Krsko in Slovenia, which Croatia co-owns and from which it currently receives 10-15 percent of daily requirements, said Covic. He added the possibility of importing electricity was also reduced because neighbouring countries had supply problems too, but stated that at present HEP had enough electricity to meet the needs. If, however, the drought were to last longer, the problems would be exacerbated, especially in the winter, when daily consumption exceeds 50 million kW/h, he said. HEP generates 70 percent of its supply from thermoelectric power plants, 10-15 percent from hydroelectric power plants, and 15-20 percent by importing electricity. Covic said that if the hydrological situation improved notably, the price of electricity might not go up this year, but declined to say if there would be a price increase in 2004. (EUR1 = 7.5 kuna) (hina) ha

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