Energy storage through batteries will stabilize Kosovo''s power
The Resident Country Director of the Millennium Challenge Corporation, Rinor Gjonbalaj, highlighted that the energy storage system will be the first of its kind in the region.
The Government of Kosovo aims to put its energy sector on a sustainable path, through developing renewable energy potential, improving energy efficiency, closing a 50-year-old power plant, and rehabilitating another old power plant.
In order to boost employment, increase growth, reduce poverty, and improve people's lives, Kosovo needs affordable and reliable energy. The country's current electricity system is outdated, inadequate and undependable – posing significant challenges to economic growth and development.
The New Kosovo power plant is part of the government's plans to reform Kosovo's energy sector. Other plans include closing Kosovo A power station by 2017, rehabilitating Kosovo B power station to meet EU standards, and privatizing the country's electricity distribution system. Plans for New Kosovo also include a lignite coal mine, the Sibovc SW.
In fact, a 2018 study by the World Bank, which had for years supported the construction of Kosova e Re, found that if taking carbon and pollution costs into account, a combination of renewables and battery storage would be the most cost-effective solution for Kosovo's electricity sector.
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