JSC ESM'S HANDLING OF THE ENERGY CRISIS 2021/2022 AND 2022/2023
Imer ZENKU
Abstract
JSC ESM as a serious, socially responsible company and the largest state-owned electricity production capacity, has the most important role and obligation to supply households and small consumers with electricity. This obligation derives from the Energy Law of 2018, according to which the largest producer of electricity in the country is obliged to offer for sale to the universal supplier electricity of at least 80% of the total annual needs of the supplier in 2019 and reducing it from year to year, up to 30% in 2025.
Hence, the issue that has been developed is very interesting and useful due to the fact that it will give us a clear picture of the operation and production of energy capacities within JSC ESM, the production price, the import of electricity, the price and the funds spent, in times of an energy crisis, which also led to a price crisis.
In that context, the analysis in this paper is mainly focused and aims to address the way in which JSC ESM dealt with the energy crisis and also the price crisis, as well as the measures it took to mitigate their effects.
All this will be useful and of great importance, and will serve as a predetermination as well as a good lesson on how to behave and take action in such or similar energy situations.
Pages: 139 - 148