Experts say energy crisis is hitting businesses

Experts say energy crisis is hitting businesses

The situation with electricity supplies in the country is continuing to cause serious concern to businesses and the economy in general, while experts estimate that unexpected cuts and high energy prices are causing serious losses, especially for the production sector, the Online Economy reports. It is also estimated that the danger of new growth [...]

The situation with electricity supplies in the country is continuing to cause serious concern to businesses and the economy in general, while experts estimate that unexpected cuts and high energy prices are causing serious losses, especially for the production sector, the Online Economy reports. It is also estimated that the risk of new electricity price growth remains high due to heavy import and increased demand.

Financial experts, the Ajvaz Movement, told Online Economy that businesses are facing serious consequences due to lack of energy stability and high supply costs.

It's a disturbing situation for businesses that are facing this situation because losses are irreparable, so there's an unexpected power outage, and especially in the production sector, this is a huge cost of losing raw materials that are in processes that maybe even have to be spoken of. But other than that, businesses are paying very much for electricity, we are now in the absence of”, he says.

Ajvazi stresses that the situation has deteriorated even more as businesses are facing energy shortages simultaneously and very high prices, making normal work progress difficult.

I've said, "Is it better to lack energy or at high prices?" Maybe I'd rather be at high prices. Unfortunately, both of us are happening. And we're paying two-three times higher prices and there's actually been power cuts there have been in businesses that have been on the free market. But fortunately that situation is not, while in other businesses the situation in the country does not seem to be good in the current situation we are facing. This depends on how long the lack of electricity” lasts, he says, adding that the lack of strategic plans makes the country's energy future even more unclear.

According to him, the risk of new electricity price growth remains high, due to heavy import and increased demand, while investments in new production capacities and renewable resources are lacking.

“The situation is not good, we're hoping it'll work out. It's not going to work out, because we have nothing yet. We have neither the production plan nor the annual energy balance plan for 2026, we are at the end of January. Last year the 2025 plan was approved in November 2025, meaning without a year's pass. We don't have it yet. What we're seeing and what we know is that we're going to have another power price increase maybe early in April, because import is extremely high. The demand on the other side is enormous, and the only form will be the increase of the” price, he underlined.

On the other hand, Energy Professor Vezir Rexhepi explains that during the winter demand for electricity increases significantly, while Kosovo's electromagnetic system faces serious problems in production, transmission and sustainable supply.

The demand during winter is essentially too high for electricity to exceed nearly twice the demand during the summer period even at this time, unfortunately, in our country there are problems that transmit production and sometimes transmit the sustainable transmission and power supply of consumers, and in this case, we might say that there have been various problems related to generation. So actually with the Kosovo Electric Power Corporation and KESCO as the supplier of electricity in Kosovo actually the contract concerns the production of energy produced in KEK, that is, the Kosova A and Kosova B thermal power plant have faced several times the problems of falling blocks because they have a considerable age operation and are not reliable and sustainable in the constant production of electricity, and sometimes reductions are mandatory because of these problems that convey Kosovo's energy system”, he said.

He adds that energy reductions are inevitable in such cases and that they have direct impact on producers and servants, causing considerable economic damage.

Such reductions have a big impact on the economy and business companies and servants all of this because they have a production contingent and if really in that period of time they're working that their production especially has a lot of electricity interference they bring about a lot of cocaine and actually does significant economic damage and we hope that in the future, in some way, they will have better for electricity production, he said./Periscopi/

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