Energy losses in the network will be reduced below 12% - Government objective for the 4-year period: We rely on new measurement technologies
The government aims to reduce energy losses in distribution to less than 12% within 4 years. The government program 2025-2029 states that this result will be achieved based on new measurement technologies. The level of losses in the distribution network for 2024 was recorded at 17.93%, which means that a reduction of nearly 6% will be needed to achieve the 12% target.
Energy losses in the network occur for 2 reasons. The first is related to the depreciated network, which is considered a technical loss and which constitutes the largest amount of losses. To reduce these losses, investments are needed in the electrical network. Meanwhile, the second reason includes non-technical losses or, in other words, theft. To reduce this indicator, checks are being undertaken for abuse of electricity at various entities in the country, with the main focus on entities that present the possibility of abuse of electricity.
However, the government program specifies that in order to achieve the objective of reducing energy losses in the distribution network, the focus will be on new metering technologies. These investments foresee the replacement of current equipment with latest generation meters, which provide accurate measurements, real-time transmission to central control or monitoring systems and high communication reliability. Smart meters also increase the operational efficiency of the network, enable accurate and impartial billing for consumers and contribute to the reduction of technical and non-technical losses.
High losses in the electricity grid are followed by high bills for public energy companies, so the reduction would bring about a healthier financial balance sheet.
Greece, 1 billion euro increase in household deposits - Gross wealth per capita estimated at 33,190 euros for 2024
Monthly net flows in August into Greek households' deposit accounts with banks are estimated at 1 billion euros, with their balance standing at 151.3 billion......
Britain, mandatory digital IDs for employees - Government measure aims to curb illegal immigration
The British government has announced that every employee will have to have a mandatory digital identity document, as part of Prime Minister Keir Starmer's......
253 million euros in the coffers of municipalities - Less income in the 8-month period. Local taxes fall by 26 million euros
Revenues collected by local governments have declined throughout this year, reflecting a less than satisfactory performance. The 61 municipalities in the......
EU plans 25-50% tariffs on Chinese steel - Beijing produces more than half of the global total
The European Commission plans to impose tariffs of 25% to 50% on steel and its by-products from China in the coming weeks, according to German media outlet......
Doubling of students in vocational schools? - Muça: Reflects the current employment market
Young people are increasingly turning to vocational education. This is also shown by the government's objectives, which aim for 35% of the total number of......
Forbes Global Properties also in Albania, Rama: Property value will be many times higher
Forbes Global Properties, the prestigious international real estate network, opens its doors in Albania through the exclusive representative Capital......
Safe crossing at Qukës-Qafë Plloçë - ARRSH opens the maintenance tender with a limit fund of around 32 million lekë
The maintenance of the Qukës – Qafë Plloçë road is expected to cost around 32 million lekë. The Albanian Road Authority has opened a tender for the......
How many individuals have been employed by the Labor Offices? - 1,311 people received unemployment benefits in 8 months
During the period January-August of this year, the employment service registered a total of 17,396 job seekers in relevant offices across the country. This......
