Kosovo and Albania with a common energy market

Prishtina, 10.03.2015 – Cooperation between Kosovo and Albania, in
the area of electricity is starting to bear fruits. The lack of
capacities and their complementarity forced the Ministry of Economic
Development of Kosovo and the Ministry of Energy and Industry of Albania
to establish the common energy market, as a common market area.

The Kosovo Minister of Economic Development, Blerand Stavileci, with the
Minister of Energy and Industry of Albania, Damian Gjiknuri, stated
that studies that preceded the common energy market have proven that its
establishment is both technically feasible and economically beneficial
for both countries.

“The energy systems in Kosovo and Albania are complementary with each
other, considering the thermal capacities Kosovo and Albania’s hydro
sources. The construction of new generating capacities in Kosovo and
Albania are an imperative, therefore, given our objectives for the
establishment of a competitive and open market, and the importance of
regional cooperation initiatives to merge national markets, and in order
to use cheaper sources of energy, we are establishing our joint energy
market”, said Stavileci.

The Government of Kosovo and the Government of Albania also established a
joint Steering Committee, chaired by relevant ministries, and composed
of representatives of regulatory authorities and transmission system
operators. Voting members of the committee shall be the Kosovo Minister
of Economic Development, Albanian Minister of Energy and Industry,
Chairman of the ERO Board of Kosovo, Chairman of the ERE Board in
Albania, CEO of KOSTT, Kosovo, and the Albanian TSO Administrator.
Non-voting members of the Steering Committee shall be the head of the
Energy Department of MED, Kosovo, and the head of the Energy Department
of MEI, Albania.