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670 euros for one megawatt/hour. This is the record figure reached by the Hungarian stock market this week from which Albania takes the reference for energy import, almost 6 times higher compared to 2019.
In just 7 months, 230 million euros have been spent by KESH for energy import, while the guarantee made available by the government to subsidize families is expected to expire within August.
The crisis caused the government to increase the price for medium voltage businesses by 50% to 18.8 Lek per kilowatt, while those that are in the free market such as water supply companies are getting it at 30 Lek, twice as much.
Increased prices are making the country’s industry uncompetitive in the region
“The increase in energy is driving a large part of the industry towards closure. One of the May factories was forced to close. Also, this increase has taken us out of the Kosovo market, because the government there has not increased the energy for its industry by a single cent, and the place of our products in Kosovo, unfortunately, I must say, is occupied by the Serbs.”- said Zef Shtjefni.
The industry requests the amendment of the law “On the energy sector” approved in 2015, so that they can self-produce to ease the energy burden
“Today’s law has a big bag of bureaucracy. We have two months, that is, the panels are in stock and we cannot put them on the roof. This law says that you cannot put more than 500 kilowatts on your roofs, I do not solve anything with that many kilowatts. This may be true for a hotel, but not for factories.” said Zef Shtjefni.
Another problem is that of production surpluses, because the network is amortized and does not receive them, but at least the government should not prevent us for self-consumption on the condition that we lock in the surplus if the network does not receive it. But even for surpluses, the eyes must be opened immediately so that where the sources are, the cables are taken immediately.
We also demand the removal of local and national taxes. There are no taxes for this situation, because it is a terrible, emergency situation.
Maybe the government does not have the opportunity to subsidize businesses with money for the installation of panels, but I think that the government has the opportunity to negotiate with the banks for lower interest rates, because 4.5% is the best we have today with banks.”
The 2015 law also required the government and public companies to liberalize the market, but still after 7 years, the energy exchange has not become functional, while the market continues to be dominated by state-owned companies in supplying customers.
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