Kosovo bpc energy

Should Kosovo invest in energy transition beyond coal?

We find that Kosovo can seize on the readiness of international financial institutions and development banks to invest in the country’s energy transition beyond coal. Kosovo can use these funds to develop a world-class, energy-efficient, renewables-based economy.

Why did the World Bank not support the power plant in Kosovo?

Last updated in October 2018. Note: The World Bank announced on October 10, 2018 that it would not proceed with support for the power plant in Kosovo because we are required to support the least cost option and energy from renewable sources has now come below the cost of energy from coal.

Does Kosovo need a new energy sector?

Given this background, the Government of Kosovo has prioritized the modernization and improvement of the country’s energy sector, and has asked its development partners, including the World Bank, European Commission, KfW, USAID, as well as other donors, for support and assistance.

What does Kosovo's Energy Strategy look like?

The Government of Kosovo is currently finalizing a long-awaited energy strategy where it is expected to announce the eventual decommissioning of one of the coal-fired power plants, set a renewable energy target for 35 percent of all electric energy consumption by 2031, and further integrate in regional energy markets.

How can Kosovo reduce its electricity consumption by 2030?

Investment in energy efficiency: Incremental investment in public and residential buildings, including district heating, could reduce Kosovo’s national electricity consumption by about 600 GWh by 2030, according to the World Bank options study.

What is Kosovo's Electricity Supply Chain?

Kosovo’s electricity supply chain (ESC) includes both public and private firms. Electricity production is dominated by a publicly owned enterprise (POE), Kosovo Energy Corporation (KEK), Sources: Kosovo authorities and IMF staff calculations. Note: KOS A and KOS B refer to state-owned coal-based generation plants (“Kosova A and B”).