Albania: Private HPPs owners challenged by new power purchase tariffs

, SEE Energy News

All investors who were part of renewable energy subsidies mechanism thru concessions and greenfield small and medium size hydro power plants are facing severe financial difficulties.

Energy corporation KESH  power purchase tariffs are changed by the government which influenced the investment plans and credibility of the concession holders with banks.

Methodology for calculation is linked with Hungarian Stock Exchange index with added multiplier of 1.24.

This significantly reduced a previous tariff fee, which KESH was paying to producers from small hydro power plants, transmits

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