KESH returns to energy purchases - After a 3-month "break", a tendering procedure takes place. 11 million euros are spent
The lack of rain during the last months has forced the Albanian Electricity Corporation to return to energy purchases. This department has developed a tendering procedure to meet the needs of the community in the period 11 - 17 November. In total, about 11 million euros were spent on providing energy, while the average price varies from 147-154 euros/mWh.
This is the first procedure for the purchase of energy developed after 3 months, that KESH has not carried out imports, which suggests that until now the needs have been met by the production in the Drin Cascade. However, these expenses have increased the bill for the purchase of energy for 2024, bringing it to almost 55 million euros. This amount was spent only from the middle of June, when the first imports started, since no procedure for energy insurance was carried out until almost the middle of the year.
The need to import energy comes as a result of the lack of rainfall that would affect the production of energy from the Drin River Cascade. Meanwhile, the latest available data show that production fell during the 9th month of this year, compared to the same period last year.
In total, during the year 2024, about 430,000 mWh of energy were imported, while the average price is estimated at 122.7 euros/mWh.
Poll
Albanian prisons need personnel! 406 vacancies - Amendment in the Assembly: Recruitment with the Labor Code
Prisons in Albania have been facing staff shortages for years. And for this reason, an amendment to the 2020 law has been filed in the Assembly, which......
Cultural tourism, 443 million lek income - Minister Gonxhja: About 1.2 million visitors to cultural sites
The number of tourists showing interest in our cultural heritage is ever increasing. According to the Minister of Economy, Culture and Innovation, our......
"Trump's victory reduces economic growth in Europe" - Goldman Sachs predicts high tariffs and trade uncertainty for the eurozone
President-elect Donald Trump's proposed protectionist policies, including high tariffs, will damage Europe's economic position, leaving crisis-hit Germany......
"China, a key factor in the global demand for oil" - Consumption will remain high due to the development of the petrochemical industry
China will continue to play an important role in global oil demand due to its focus on petrochemicals, while fuel consumption in the road transport sector......
Greece joins the green hydrogen corridor - The initiative extends from the South of Europe, to Germany. It aims to facilitate transportation
Greece has decided to participate in a project aimed at creating a vertical green hydrogen corridor stretching from southern Europe to Germany. This......
"AI can eliminate 3 million jobs in Britain"/ The study also predicts new employment opportunities, economic growth
Artificial intelligence (AI) could eliminate between one and three million jobs in the UK, according to a new study. Researchers from the Tony Blair......
Bitcoin rises above 81,000 USD / Trump's election victory favors the strengthening of cryptocurrencies
Bitcoin surged to a record high above $81,000 on expectations that cryptocurrencies will thrive in a favorable regulatory environment following the election......
Americans re-elect Donald Trump - Existential defeat for Democrats and hope for US allies
There was so much talk about Kamala Harris' Hollywood vibe, joy, optimism and smile. But America rejected the marketing. Four years ago, the winner Joe Biden......
