The increase in electricity prices has also caused a large increase in the value of electricity imports. KEDS and KESCO during October this year, which means for a month, despite the good weather, say they have imported 9.15 million euros of electricity, an enormous increase of 1.5 million euros as it was in the same period last year.
“This increase has come as a result of the extreme increase in prices and the increase in demand. KEDS and KESCO bought electricity in October at an average price of 242 euros per megawatt/hour, an increase of almost fivefold from October 2020, when electricity was imported at an average price of 49 euros per megawatt/hour. Consumption has increased by 18 percent compared to the same period last year”, reads the announcement of KEDS…