Albania's KESH sells 19,280 MWh of electricity for Jan 8-15 delivery - 4th Annual International Summit and Exhibition: Hydropower Balkans
+44 207 394 30 90 (London)

Albania’s KESH sells 19,280 MWh of electricity for Jan 8-15 delivery

Main » novosti » Albania’s KESH sells 19,280 MWh of…

Albania’s state-owned power corporation KESH said it has sold 19,280 MWh of electricity worth 773,778 euro ($930,636) for delivery in the period January 8 – January 15.

KESH announced and concluded the auction on January 5, with the highest price offered set as the most important criteria, according to the final report on bids posted on the corporate website on Saturday.

Eleven domestic and foreign power suppliers and traders participated in the auction, and KESH selected three of them: EFT AG, GSA and Alpiq Energy SE.

The prices achieved in the auction were 39.59 euro/MWh for the first lot and 42.05 euro/MWh to 43.55 euro/MWh for the second lot.

Albania produces 98% of its electricity from hydropower plants (HPP), most of it from three power plants along the Drin River, in the northern part of the country.



EPCG to invest EUR 700 million to build new renewables capacities, upgrade other facilities

Author: Vladimir Berbatović Source: Balkan Green Energy News State power utility Elektroprivreda Crne Gore (ЕPCG) will invest a total of EUR 700 million to build new renewable energy capacities and upgrade its other power generation facilities to bring them into line with environmental standards, with the aim of reducing dependence on imports due to hydrologic conditions,…

EPS to invest EUR 4.6 billion by 2027, EUR 700 million to go into hydropower, renewables

Author: Vladimir Spasić Source: Balkan Green Energy News Public power utility Elektroprivreda Srbije (EPS) intends to invest EUR 4.6 billion from 2019 to 2027, of which EUR 1.6 billion in the modernization of existing and construction of new thermal power plants (TPPs) as well as environmental protection, EUR 1,3 billion in distribution projects, EUR 1 billion…

Romanian hydropower company spends EUR 80 mln to refurbish 350MW power plant

Romania’s state-owned hydropower company Hidroelectrica will totally refurbish its hydropower plant (CHE) Râu Mare – Retezat under a EUR 80 million project, financed from own funds. The plan’s capacity will increase to 350MW after the process, reported. The company wants to make CHE Râu Mare – Retezat the country’s largest supplier of system services,…