Albanian Electro Energetic Corporation’s positive performance

 Tirane, Albania / March 1, 2016

The Albanian Electro Energetic Corporation has reported a positive performance due to the favorable hydric situation in the past months. The corporation has announced that it is currently selling electrical energy at an average price of 21.7 eur/mwh. In a tender process held during the last week of February 2016, the Albanian Electro Energetic Corporation sold 79, 200 mwh for the period of March 1^st – March 10^th, at an estimated value of 1.7 million Euro.

11 contracting companies applied in the tender process organized by the corporation but only 5 of them were announced as winners in the second phase. Network for Trading bought electrical energy for the highest price per mwh, 23.17 eur per mwh, while EFT Albania bought electrical energy for the lowest price, 19.20 eur per mwh.

This shows the increase of the amount of electrical energy produced by the Albanian Electro Energetic Corporation which in a short time has transformed from an electrical energy buyer into an electrical energy supplier.

News source/photo credits: Scan TV