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

Albania: KESH recorded 80 million eu-ros profit in 2018

Albanian state-owned Power Corporation (KESH) said that it has recorded net profit in the amount of some 80 million euros in 2018, compared to a loss of 420,000 euros in 2017, mostly due to sig-nificantly increased electricity production.

The company‘s operating expenditures decreased from 16 million euros in 2017 to 14.5 million eu-ros last year. Revenues from electricity exports rose to almost 147 million euros this year, com-pared to 58.5 million euros in 2017. KESH pro-duced a total of 5.6 million MWh of electricity last year, almost twice as much compared to 2.9 mil-lion MWh in 2017.

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

SEE power prices surge as demand rebounds and wind output declines

Electricity prices across Southeast Europe rose sharply on Monday, October 5, as the return of weekday demand coincided with weaker wind generation. Hungary recorded one of the region’s strongest price increases, widening its premium over Germany to €76.14/MWh. Hungary’s HUPX...

Bulgaria’s battery boom strengthens regional power position

Bulgaria’s installed battery storage capacity reached around 3.3 GW of power and 8.6 GWh of energy capacity by mid-2026, strengthening the country’s ability to absorb surplus solar generation and release electricity during periods of stronger demand. Most of the new...

Romania seeks to extend emergency power controls as supply risks persist

Romania is seeking to extend its emergency electricity-market powers through October 31, maintaining the option to restrict exports or limit industrial consumption if prolonged nuclear and hydropower constraints threaten security of supply. Under the proposed extension, transmission system operator Transelectrica...
Supported byVirtu Energy