ZERE points to three reasons for KEK fines with 3.2m euros

The ZRE is announcing to Kosova Prees that in line with the findings in the Monitoring reports, it has imposed fines for the Kosovo Energy Corporation (KEK) with 3.2m euros and the Transmission System Operator and Market (KOSTT) with 439 thousand euros.

In addition to trading energy with unlicensed companies, KEK has requested electricity from Albania even when there is no need, and has made electricity sales contrary to COST law covering losses in the four northern municipalities.

However, Economy Minister Artane Rizvanolli has said Monday about Kosova Preris that they still do not have official information on the punishment of two public companies, which are monitored by the dictatorship leading it.

ZRE through this report has found that despite remarks given by the regulator, KEK has continued to buy electricity from the Slovenian company “Holding Slovenian electricity”, which had no licenses issued by Kosovo authorities, Kosovo Press reports.

This trade is considered to be one of the reasons why the ZRE has been fined KEK with 3.2m euros.

“In line with the findings in the Monitoring reports, the ZRE Board has imposed fines on companies”, said in a written response from ZRE, adding that under the Monitoring Reports, other public interfaces for COST and the Transmission System Operator (KEDS); and the Universal Service provider (KESCO) and Ueman's Hydro power plant Hidro.

According to the ZERR Monitoring Report on KEK for 2022, in December 2018 KEK had opened tenders for the qualifications for procurement activity with what was signed framework contracts with several international companies.

KEK, with eight companies that had signed contracts, one of them had no license, the company “Holding Slovenian Electrice” from Slovenia.

Regarding this, the ZRE points out in the report that it has reacted several times through official e-mail as well as official paperwork, where it has asked KEK to act in accordance with legal obligations, and to stop the power trading activity with unlicensed power.

“Per m pr pme tep, Z THREE at 19,08.2022, has monitored the process of electricity trading in real time, and has noted that despite remarks and requests Z THREE for halting power trading with unlicensed power, KEK still carries out the activity of electricity trading incompatible with legal obligations”, said the Monitoring Ratport.

The ZERE has found that trading electricity with unlicensed companies conflicts with the Energy Law, as well as the Energy Regulatory Law.

KEK has asked for energy from Albania even when there is no need

The KEK Monitoring Report reportedly required electricity from Albania's Energy Corps (KESH), even when there was no need.

“KEK has received energy from KESH even when there is no need The FSHU and the energy recognised by KESH has offered it to the free market. A similar move falls into agreement with Article 1 with Albania's NECH and Energy Corps Kosovo (KEK)”, reported in Report.

Sale of electricity for coverage of north losses

According to this report, another violation is being considered the sale of electricity to cover losses in four northern municipalities.

“KEK sells electricity to COSTT for coverage of losses in the country's north, under terms of agreement on covering the system's losses. Sale of electricity to COSTS for coverage of losses in the north conflicts with the electricity trade procedure, as it has been determined that electricity trading should be subject to the free and competitive market”, the Monitoring Report said.

Meanwhile, the ZRE Board at Friday's session after the final review of monitoring reports has imposed fines on the value of 3.2m euros for the Kosovo Energy Corporation and 439 thousand euros for the Transmission System Operator and Market (KOSTT).