OSHEE Saved Euro 60 mln Thanks to Losses’ Cuts

Country energy balance is now positive and in addition to favorable hydro conditions it comes as a result of two factors: increase of energy production from private hydropower plants and reduction of energy losses.
Last year, private hydropower plants produced a record amount of 2.2 billion kilowatt hours of electricity by providing 30 percent of total domestic production, Energy Distribution Operator (OSHEE) said in a press announcement on Tuesday.
But besides increasing production, energy balance has benefited from improved management in the distribution operator. According to figures, only by reducing losses, Albania managed to save 1.1 billion kilowatt hours of energy per year compared with three years ago.
This result, apart from having improved financial indicators of OSHEE, has also directly affected the energy balance of the country, turning Albania into a net exporter of electricity, OSHEE said in its statement.20161224050020_art