Prices of household energy storage products in Kosovo

In Kosovo, the price per kilowatt/hour is 6 cents, which is almost five times lower than in Romania, where 1 kilowatt/hour costs 29 cents. According to the Statistics Office of the European Commission (Eurostat), Kosovo convincingly had the cheapest electricity prices in Europe for the year 2022, when the last annual measurements were made.

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.

Besides government institutions, there are also companies with great impact in energy sector such as Kosovo Energy Corporation (KEK), Transmission, System and Market Operator (KOSTT) and Kosovo Electricity Distribution and Supply (KEDS). A lot of legislative documents that aim the adjustment of electricity sector have been approved.

The Kosovo energy strategy includes increasing RES capacity to 35% of electricity consumption by 2031. Aiming for 600 MW wind, 600 MW solar PV, 20 MW biomass & at least 100 MW of prosumer capacity, to reach a total installed RES capacity of 1600 MW by 2031. Lignite exploitation in Kosovo started in 1922.

Around90% percent of energy production in Kosovo is from lignite, a soft coal that produces toxic pollution when burnt. Official figures show Kosovo has the world's fifth largest lignite reserves of 12-14 billion tonnes. Our Standards: The Thomson Reuters Trust Principles.

North Macedonia is even more expensive, marking a price of 10 cents per kilowatt/hour, which is nearly 70 percent more expensive than Kosovo. Only medium-sized consumers with an annual consumption of 2500 kWh to 4999 kWh are included in these measurements. All EU countries have prices at least twice as high as Kosovo.