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Albania’s OSHEE buys 13,200 MWh of electricity for March 12-21 delivery

Albania’s OSHEE buys 13,200 MWh of electricity for March 12-21 delivery Power in California. Author: Jeff Turner. License: Creative Commons, Attribution 2.0 Generic.

TIRANA (Albania), March 12 (SeeNews) – Albanian power distributor OSHEE said it has purchased a total of 13,200 MWh of electricity worth 842,282 euro ($946,734), to be delivered in two lots from March 12 until March 21.

The auction started on March 9 and was concluded after four rounds of negotiations on March 11, OSHEE said in a statement on Monday.

Five domestic and foreign power suppliers participated in the auction. OSHEE selected two of them to proceed further: GSA and Gen-1 Tirana.

The average price achieved in the auction was 61.81 euro/MWh for the first lot (0:00 - 24:00 hours) and 72.82 euro/MWh for the second lot (7:00 - 23:00 hours).

($=0.88957 euro)

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