Supported byClarion Energy
HomeSEE Energy NewsAlbania: KESH has...

Albania: KESH has sold electricity at a higher price compared to the price on the Hungarian Stock Exchange

During the first week of May, the Albanian energy company OSHEE put electricity surplus for May 2015 (for tariff customers and covering of losses) on the auction on the free market, 440 MW divided into three lots.

At the end of the auction, which was attended by 11 licensed companies, was achieved an average price of 28.40 euros per MWh for the profile 24 hours (00:00 – 24:00), the average price of 26.52 euros per MWh for the profile “off- peak” (00:00 – 19:00 & 22:00 – 24:00) and 26.04 euros per MWh profile “off-peak” (00:00 to 07:00, 10:00 – 19:00 & 22:00 – 24:00). In accordance with a report on the Hungarian Stock Exchange (HUPX) on April 30, the price for the profile 24 hours was 24.23 euros per MWh.

Favorable hydro-meteorological situation in the basin of the River Drin during the last three to four months allowed the increase of the amount of water in accumulation.

During this period KESH produces enough electricity to meet the needs of tariff customers, to cover losses in the transmission and distribution of electricity and to export the rest of electricity. Operating mode in hydro-accumulations Fierze, Koman and Vau Dejes means the maximum allowed quotas, which enables the creation of significant reserves, which will ensure stable production in the future.

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

North Macedonia targets 2027 construction start for €1.5 billion Čebren-Galište hydro project

North Macedonia is targeting a 2027 construction start for the long-planned Čebren and Galište hydropower projects, reviving a combined investment of up to €1.5 billion after years of unsuccessful concession attempts. Čebren is planned with a capacity of around 333...

Greek court shuts solar permitting loophole after 185 MW project ruling

Greece’s highest administrative court has overturned approvals for a 185 MW solar development that had been divided into dozens of smaller projects, potentially tightening permitting requirements across the country’s utility-scale photovoltaic pipeline. The Council of State cancelled 186 preliminary producer...

Romania backs 1.3 GW Dama Solar project with €561 million financing

Romania has secured up to €561 million in financing for the 1.3 GWp Dama Solar project, clearing the way for construction of one of Europe’s largest onshore renewable-energy developments. Developer Rezolv Energy said the syndicated financing involves 14 lenders, with...
Supported byVirtu Energy