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Home ATTUALITA

Energy price may increase / Kosovo is on the verge of an energy crisis, the price from imports has increased fivefold

by imkadmin
Dhj 14, 2021
in ATTUALITA
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Energy price may increase / Kosovo is on the verge of an energy crisis, the price from imports has increased fivefold
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The Government of Kosovo is trying to find a way out to avoid the energy crisis where it is. While low temperatures have increased the need to import electricity as Kosovo can not cope with its production.

The Kosovo Electricity Distribution Company said that during October and November the import price increased fivefold compared to a year ago and called for a review of the current price to ensure a regular supply of electricity.

The Prime Minister of Kosovo, Albin Kurti, said today during a debate in the country’s parliament that his government is addressing the energy crisis that, according to him, is knocking on the door. “Electricity prices on the stock exchange have multiplied and we can not remain in a favorable situation as long as we continue to pay only 7 cents per kilowatt hour.

So it is true that we are buying expensive and selling cheap electricity even without a set deadline. “The distribution network and production facilities in Kosovo are both obsolete and depreciated, while energy consumption has increased,” he said.

Energy system experts say Kosovo will be forced to raise energy prices, as the current situation will be unaffordable. Dardan Abazi, a researcher at the Institute for Development Policy (INDEP), says the real consequences of the energy crisis will be seen in March, when the winter season ends and energy tariffs are reviewed.

Kosovo is currently dependent on coal-fired power plants which produce about 95% of the country’s total energy while being considered as major environmental polluters in Kosovo.

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