Electricity imports during November cost about 10m euros

Electricity imports during November cost about 10m euros

The cost of electricity has increased due to rising prices on the international market beyond any forecast. They have also affected the most developed countries of Europe. The confrontation with the high prices of electricity import should make each of us reflect in the face of this crisis. All this [...]

The cost of electricity has increased due to rising prices on the international market beyond any forecast. They have also affected the most developed countries of Europe. The confrontation with the high prices of electricity import should make each of us reflect in the face of this crisis. All of this so that their negative effect feels less in the future.

Our savings calls are being made in order to ease the financial burden on our consumers on monthly bills in this period but also in the future. On the other hand, now that the high price import insurance challenge is becoming even greater for KEDS and KESCO, calling for savings and support of consumers together with institution support is necessary.

It is known that to meet the demand for electricity, the import of electricity at certain hours has always been inevitable, but compared to last year, when the price of electricity import for November has been 2.3 million, this year this amount has scored growth of up to $10 million.

The rapid rise in import prices at this level was unpredictable by all policy makers. This high is not for the nearest part, in and out of bounds, and it's been the result of many factors whose control is out of our will and influence.

With below zero temperatures dropping, demand will be even greater for energy imports. If we look at it on the other hand, price trends especially at peak time are growing. Therefore, for the system to be able to cope with burdens from multiple factors, whether because of affordable prices or high electricity consumption, attention and cooperation are required for all.

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