Starting from Monday, the Transmission System and Market Operator of Kosovo (KOSTT) will operate independently from SMM regulatory bloc (Serbia, Montenegro and North Macedonia).
Based on an agreement signed in June between KOSTT and the European Network of Transmission System Operators for Electricity (ENTSO-E), after withdrawing from the SMM, a Kosovo- Albania (AK) regulatory bloc will be formed.
“Energy independence is a joint success of Kosovo and its international friends,” Prime Minister of Kosovo, Avdullah Hoti said.
The Executive Head of KOSTT, Ilir Shala told Radio Free Europe that from 2008 to 2019, Serbia illegally used Kosovo’s transmission network and collected revenues of about 65 million euros.
This agreement will save Kosovo and Albania about 4 million euros. “The benefits to the Transmission System Operator of Albania (OST) will be 1.4 million euros, while for KOSTT it will be 2.6 million euros “, Shala said.
Prime Minister of Albania, Edi Rama wrote on Facebook on Monday that a “very important step” was taken for the Albania-Kosovo electricity sector.
“A 400 kW line transmission between the two countries starts, a strategic act with an impact on increasing the security and electrical capacity of our two countries,” Rama said.