New thermal plant construction increases energy price

At today's meeting of the Steering Committee for the Terminal “New Kosovo” agreement was reached that the American company “Contour Global” was reached on the construction of New Kosovo thermal power plant “. The commercial agreement is expected to be signed in the coming days and more than 1 billion euros will be invested in Kosovo, which represents the most [...] investment.
The commercial agreement is expected to be signed next days and more than 1 billion euros will be invested in Kosovo, which represents the biggest investment in Kosovo's new history.
But construction of the new thermal power plant is expected to affect the price of electricity.
Until former Economic Development Minister Blerand Stavileci has said that in the next six years, electricity in Kosovo will be expensive for 28 percent.
That according to him, consumers each year will pay their spent energy bills at a cost of 4.6 percent.
Civil society representatives estimate that this increase will be about 50 percent.
According to a research published by the Consortium of the Sustainable Civil Development Society (KOSID), electricity tariffs in Kosovo are also too high, and eventual expensive is even more severe for households.
“Energy will be expensive due to the cost of building the “thermal power plant New Kosovo”, with what costs it will translate into electricity tariffs”.
Depending on the technology that will be used for the construction of this thermal power plant, the cost will range from 33 to 50 percent, with one analysis, to say conservative, because it is possible that the price and cost will increase more to citizen tariffs”.












