“Our objective is to prevent getting anyone exposed to the high prices in the market”, said Albania’s minister for infrastructure and energy on Now with Erla Mehilli.
“We’re not on the brink of an electric energy crisis, we’re in the midst of it. PM Rama had anticipated this since last September. We had warned it and that’s why we took measures. We didn’t expose large enterprises to this crisis”, said minister Belinda Balluku.
She also underlined that the government is trying to shield three main categories, households, small enterprises, and businesses using secondary voltage.
“Our wish is to avoid exposing any of these groups that we’ve taken under protection. We will review this decision once again. We have an agreement to discuss this decision this May”, she added.
In addition, she noted that the Albanian government has been investing to avoid power shortage scenarios.
According to minister Balluku, the underlying problem behind the current crisis is entirely geopolitical and incentivized by oil markets.
On a positive note, rainy weather expected by the beginning of April may improve the situation as it will help fill up the Drin cascade, one of Albania’s hydropower plants.
“We’re expecting rain in the first days of April, near the Drin cascade, North Macedonia, and in the Alps, that serve as a source for the cascade and snow storages that will help us in May and June. But we’ve also made various long-term electrical power purchases so that we don’t reach out to the market on a daily basis”, concluded minister Balluku.
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