Economic expert: Rising energy prices when hydropower plants are overproducing makes no sense

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The Energy Regulatory Authority should not approve energy providers’ requests for price hikes.

According to Elona Shahini, an economist expert, the price rise that will take effect on January 1 does not make sense, considering that public hydropower facilities are overproducing at this time, converting the country into a net exporter.

According to her, if high import prices continue, this increase will be necessary in a second moment. What is needed for now is competent management.

According to Shahin, a price hike would be disastrous for the business, which is already dealing with increased raw material and fuel costs. She advocates subsidizing these costs such that they have no impact on the economy’s growth.