No. 4 January 2019
N E W S L E T T E R www.mzhe-ks.net
Content: 330m EUR/year 5% of Gross Domestic Product
ELECTRIC
POWER SECTOR
POWER SECTOR
IMF ARTICLE IV:
POWER
SURVEY
SURVEY
ASSESSING THE
SHORTAGES
CITIZENS: MORE
MORE
POSITIVE IMPACT
AND ITS
ELECTRIC POWER
INFORMATION
NEEDED TO BE
ABOUT THE
OF ‘KOSOVA E RE’
PRODUCED IN
POWER PLANT
KOSOVO
‘KOSOVA E RE’
3,400 EUR/year
Kosovo Business (average)
RESULTING CONSEQUENCES
POWER PLANT
ELECTRIC POWER SHORTAGES AND ITS RESULTING CONSEQUENCES An estimated 330 million Euros are lost annually
security of power supply is defined as: ‘uninterrupted
by businesses in the Republic of Kosovo due to the
access to power sources at affordable prices’.
irregular electric power supply, which is equivalent to 5% of Gross Domestic Product. This problem continues
The construction of the Power Plant ‘Kosova e Re, in
to hinder business development, job creation and
addition to ensuring stable supply at affordable prices,
economic development in the country.
will meet the needs of the private sector and will thus enable the initiation of a new and dynamic phase of
The International Energy Agency specifies that the
economic development.
LOSSES AS CONSEQUENCE OF IRREGULAR ELECTRICITY SUPPLY
330m EUR/year 5% of Gross Domestic Product
3,400 EUR/year
Kosovo Business (average)
POWER SECTOR SURVEY Citizens: more electric power needed to be produced in Kosovo Existing capacities are not sufficient to meet energy
Only 1 out of 6 surveyed citizens estimate that ‘Kosova
demands. The Republic of Kosovo needs the construction
A’ and ‘Kosova B’ are likely to produce electric power for
of new generation capacities.
a longer period of time. It is indicative that the citizens of the Republic of Kosovo do not have confidence in the
At the end of 2018, citizens and businesses expressed
existing capacities, therefore, 8 of 10 respondents stated
their opinions about electric power supply.
that they support the construction of the Power Plant ‘Kosova e Re’.
Every third citizen of the Republic of Kosovo is unhappy with the current power supply situation. The continuous
Most of these citizens are aware that coal-fired power
power outages make it impossible for many citizens to
plants make up the absolute majority of electric power
meet household needs for cleaning, cooking and heating,
generation capacities in the country, followed by
while also causing household electrical appliances to
hydropower plants, windmills and solar panels.
malfunction. Electric power savings represent an established family In addition to households, power outages represent
practice in Kosovo, with households replacing electric
a challenge to businesses, by increasing financial
power with alternative sources for heating, turning lights
costs and making it difficult to roll-out expansion and
off, and using cheaper tariffs up to maximum capacity, in
investment plans.
order to reduce their power bills.
In short: 8 out of 10 survey respondents have stated that they support construction of “Kosova e Re” power plant.
BROCHURE
KEY FACTS
FAQ
2
POWER SECTOR SURVEY More information about the Power Plant ‘Kosova e Re’ The construction of the Power Plant ‘Kosova e Re’ enjoys
social media are the main source of information on the
wide support among the citizens of the Republic of
construction of the Power Plant ‘Kosova e Re’ over the last
Kosovo. Citizens expect the construction of the power
two (2) years. Respondents who are not familiar with the
plant will provide sufficient power supply, and will
project have expressed an interest in learning more about
improve the quality of air and public health. Likewise,
the commercial agreements on the construction of the
many citizens consider that the construction of new
Power Plant ‘Kosova e Re’.
generation capacities will have an impact on economic growth, employment and rise of foreign direct investment.
Furthermore, citizens have expressed an interest in learning more about electric power supply security and
Citizens argue that the government, media and the
projects in the field of renewable energy.
3
IMF ARTICLE IV: ASSESSING THE POSITIVE IMPACT OF 'KOSOVA E RE' POWER PLANT
IMF GDP KOSOVA E RE According to the conclusions of the International
The International Monetary Fund reported economic
Monetary Fund (IMF) after its Article IV visit this past
growth of about 4 percent for 2018 for the Republic of
October, the construction of the Power Plant ‘Kosova
Kosovo, qualifying it as the highest growth rate in the
e Re’ will promote sustainable economic and financial
region.
development in the Republic of Kosovo. Such a finding comes after the completion of the comprehensive
The Republic of Kosovo is a full member of the International
analysis of the International Monetary Fund on economic
Monetary Fund since 2009.
and financial policies.
PROJECT DOCUMENTS More information about the Kosova e Re Power Plant can be found on the links below, through the documents such as Commercial Agreements, Brochures, Key Facts, Frequently Asked Questions, Websites and Social Networks. Power Purchase Agreement
Ash and Gypsum Disposal Agreement
Implementation Agreement
Lignite Supply Agreement
Sponsor Support Agreement
Connection Agreement
Site Transfer Agreement
Water Supply Agreement
LINKS
SOCIAL MEDIA
Ministry of Economic Development
“Kosova e Re” PP
Kosovo Energy Strategy
Youtube DOCUMENTS
BROCHURE
GOVERNMENT OF KOSOVO MINISTRY OF ECONOMIC DEVELOPMENT Tel. 038 200 215 83 www.mzhe-ks.net
KEY FACTS
?
ADDRESS: GOVERNMENT OF KOSOVO MINISTRY OF ECONOMIC DEVELOPMENT SQUARE “ZAHIR PAJAZITI”, NO.36 10000 PRISHTINA, REPUBLIC OF KOSOVO
FAQ