The climate changes of the last year have also damaged Albania. Experts announce a serious energy crisis caused by drought. The water level at Lake Fierz is lower than 260 but it continues to fall due to the lack of rain.
The water flow rate is at historic lows: 34 mc per second, against an average of 205. Similar situation also for the rest of the hydroelectric plants in Albania. This means that very little electricity is produced which does not satisfy the energy consumption required by the entire country. Albania produces on average 4.5 billion kWh while it consumes about 7 billion. Considering the water flow in the last few months, it is expected that in the 2012 only one third of the required energy will be produced. The other two thirds will have to be imported risking that the energy situation of the 2007 is repeated. In the 2007 Albania paid 192 million euros for electricity import, but at that time the price paid by the consumer was almost twice as high. By importing from abroad, the risk would be to have to increase the cost of energy to amortize those of import. The government in the meantime announces that it is not in its intentions to increase prices and that to cover the electricity needs alternative methods will be found. This means that the state will have to cover KESH's losses (Korporata Ektroenergjitike Shqiptare - Albanian Energy Company) which currently sells electricity to 2 lek and buys it at 7 lek. Finding the funds to be able to cover the costs of imported electricity will be a daunting task for the government. The estimated amount is around 100 million. Finding these funds in the foreign market is essentially impossible considering the global economic crisis that other countries are also suffering. The only solution is the internal market. This means cutting funds for investments, circulating less money and therefore worsening the 2012 balance sheet. Is the import of electricity the only solution? Seen in an ironic key, in reality, the most economical and effective solution would be "a dance of rain" aimed at increasing rainfall in Albania.
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