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Albania’s OSHEE buys 81,900 MWh of electricity for Dec 10-16 delivery

Albania’s OSHEE buys 81,900 MWh of electricity for Dec 10-16 delivery Author: Oran Viriyincy. License: Creative Commons, Attribution-ShareAlike 2.0 Generic.

TIRANA (Albania), December 10 (SeeNews) – Albanian power distributor OSHEE said it has purchased a total of 81,900 MWh of electricity worth 6.5 million euro ($7.4 million), to be delivered in two lots from December 10 until December 16.

The auction started on December 5 and was concluded after three rounds of negotiations on December 6, the OSHEE said in a statement last week.

A total of 11 domestic and foreign power suppliers participated in the auction, of which OSHEE selected four to proceed further: GSA, NOA, Devoll Hydropower and GEN – I Tirana.

The average price achieved in the auction was 75.72 euro/MWh for the first lot (0:00 - 24:00 hours) and 86.78 euro/MWh for the second lot (6:00 - 24:00 hours).

($ = 0.87822 euro)

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