The country is facing electricity cuts today.
Regarding this situation, KESCO, in a media release, emphasizes that the electric power system is facing an extraordinary situation, as a result of the significant increase in electricity consumption, which currently cannot be fully covered by local production.
"Due to this increase, KESCO is forced to secure around 50% of its electricity through imports, in very difficult regional and international market conditions. Currently, cross-border capacities are limited and this is creating great pressure in securing the necessary quantities.
The supplier has acted and continues to act with full responsibility, undertaking all necessary efforts to cover electricity nominations, both through bilateral contracts and through day-ahead trading and intraday offers. However, due to the current market reality and cross-border restrictions, where the Kosovo-Serbia border is not commercially functional, while the borders with Montenegro and North Macedonia have limited capacities that are not enough to cover the entire demand of the country, securing electricity according to real needs remains difficult, the announcement says.
KESCO further announces that the ALPEX market, due to limited liquidity in these days of high demand, has not offered sufficient quantities of electricity, making it impossible to fully cover needs through this trading mechanism alone.
"In this context, KESCO feels obliged to transparently inform consumers about the real situation and the objective reasons that have led to the application of electricity restrictions as necessary, in order to maintain electricity security and stability."
"KESCO remains committed to, in cooperation with responsible institutions, making every effort to secure electricity and minimize the impact on consumers, thanking them for their understanding in these extraordinary circumstances," the announcement states. /Telegrafi/
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