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Since 2018, when the new national energy strategy was adopted, the main goal was to set up the Energy Exchange. The positive effects of this exchange would be felt today in terms of energy emergency.
First, the effects would be felt in purchasing energy, bringing in more investment in generating resources, new transmission lines as well as trading power companies, which would increase competition.
In the final, the purchase price would be on average 40 euros lower than the price of the Hungarian stock exchange, to which we refer today.
If last year the country bought 224 million euros of energy at an average price of 205 euros, if we removed the costs that the scholarship would cover, we would have saved about 43 million euros.
Second, the Energy Exchange would solve another major problem, that of imbalances in the system, caused by poor management of energy in transmission, between the amount produced, consumed and what is traded.
The Transmission Operator paid about 13 million euros last year to cover the costs of imbalances, while the operation of the Exchange would make each company responsible for managing the network and pay these costs itself.
In addition to this 56 million euro bill, companies have a legal obligation to understand energy as a stock commodity
Lorenc Gordani: Since 2015, when energy reform took place, public energy companies have been obliged to participate in the region’s stock exchanges. Failure to meet this obligation makes us almost the last country in Europe and the region to be forced to buy and sell energy using the procurement procedure normally used for non-listed goods. “
The Energy Exchange since 2019 is being held hostage by the establishment of the electronic trading platform. A Slovenian company has even filed a lawsuit in court over absurd criteria, as it described the tender for the creation of the platform. In December last year, the government announced the winner after the opening of the tender for the third time, a Greek company, costing 1.8 million euros, while the commissioning is expected in the third quarter of this year.
Governments have often used the word big, national energy strategy to actually hide the big failure: energy, not only does not have a development strategy, but has no normal stock market. Only one law that has been violated since 2015, and only for years, when the energy crisis started, has brought a damage to the state budget of more than 56 million euros. Damage that Albanians pay from their taxes, regardless of whether or not they have electricity in their homes.
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