How much does a household energy storage power supply cost in Kosovo

In Kosovo, the price per kilowatt/hour is 6 cents, which is almost five times lower than in Romania, where 1 kilowatt/hour costs 29 cents. According to the Statistics Office of the European Commission (Eurostat), Kosovo convincingly had the cheapest electricity prices in Europe for the year 2022, when the last annual measurements were made.

Kosovo's electricity supply chain (ESC) includes both public and private firms. Electricity production is dominated by a publicly owned enterprise (POE), Kosovo Energy Corporation (KEK), Sources: Kosovo authorities and IMF staff calculations. Note: KOS A and KOS B refer to state-owned coal-based generation plants (“Kosova A and B”).

Coal accounted for 91% of electricity generation, with the remaining 9% derived from renewable energy sources, predominantly wind energy. Kosovo has been working on diversifying its energy mix and increasing the share of renewable energy sources to reduce dependency on conventional fossil fuels.

The Kosovo Energy Corporation is a state-owned company responsible for electricity generation. KEK operates power plants, including lignite- fired power plants, and contributes significantly to Kosovo's electricity production. 6. Privatization Agency of Kosovo:

Electricity Distribution Services in Kosovo (KEDS, a privately-owned firm) oversees distribution. The same firm owns KESCO (Kosovo Electricity Supply Hours Sources: Kosovo authorities and IMF staff calculations. 5. More than 20 percent of Kosovo's electricity consumption is either not billed or billed but not collected.

Electricity consumption and peak demand in Kosovo grew more than 90 percent between 2000 and 2010, stabilized from 2011 to 2018, but increased by another 20 percent from 2018 to 2021. There is a vital need for stable, base-load power generation in Kosovo that can meet demand.