EU & WBs / Albania Energy Investment Updates

EU & WBs / Albania Energy Investment Updates

Presentation of Albanian Centre for Energy Regulation and Conservation - ACERC

ACERC is a think tank centre with focus on the Albania energy market and its integration in the regional IEM. The Acerc mission base on the in-depth knowledge of EU and regional energy law and policy and strives to provide a qualified contribution to the promotion of the liberalization and effective integration as well as efficient use of energy resources.

Acerc
main activities briefly consists in build-up collaborations and supports to market players in study researches such as the certificate reports, articles and periodicals. The transfer of high expertise through building-up institutional capacities by national and regional training courses, seminars and conferences. The institutional representation and integration within framework of the forum of Albanian School of Regulation.

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Electricity Deal Saves Albania Millions18 MAR 15

AEI Updates March 2015Posted by Adv. Lorenc Gordani, PhD Thu, March 19, 2015 00:31:09
Electricity Deal Saves Albania Millions18 MAR 15

A deal agreed between the country's state-owned power utility, OSHEE, to obtain power directly from the energy producer, KESH, should save Albania millions.

Besar Likmeta

BIRN Tirana


Albania's power utility, OSHEE, has scrapped a tender to buy electricity for March 11th to March 20th , after the country's power generator, KESH, offered to supply it directly with 270 MWh of electricity at a reference price.

A source in the Ministry of Energy told BIRN that the direct sale had saved the indebted OSHEE, which often has to be subsidized by the state, more than 2 million euro for the 20-day period alone.

The direct sale of electricity between the two state-owned companies followed a public outcry after the publication of a BIRN report in February.

This highlighted the fact that OSHEE was buying electricity from energy traders at 57 euro per MWh, while KESH was selling electricity to the same traders for as little as 10 euro per MWh.

Following publication of the report, the opposition Democratic Party accused the government and the public energy companies of holding illegal tenders and urged the general prosecutor’s office to launch a probe.

According to the current model, KESH will supply electricity at a regulated price to OSHEE for the power it distributes to consumers. OSHEE has to buy electricity lost in the grid due to theft or technical losses.

The two companies signed an agreement in early March, which spelled out that when KESH had ample supply, OSHEE would seek to procure electricity from it. Albania’s Energy Regulatory Agency, ERE, approved the deal on March 6th .



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