Energy storage investment trends pristina

PRISTINA, March 23 (Reuters) - Kosovo's government said onWednesday it will build a battery storage facility with capacityof 200 MWh in to help cope with the country's energy crisis.
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PRISTINA, March 23 (Reuters) - Kosovo''s government said onWednesday it will build a battery storage facility with capacityof 200 MWh in to help cope with the country''s energy crisis.

"This project is worth more than 200 million euros and forKosovo this is the biggest investment that is done in the energysector since the liberation" in 1999, said Kosovo Prime MinisterAlbin Kurti during a government session.

Initially the donation was planned to be used inconstructing a new gas pipeline with neighboring North Macedoniaand building a gas-fired power plant. But Kurti''s governmentsaid the project was not worth it because of high gas prices.

Around 85 percent of Kosovo''s energy is produced from coalbut in recent years some renewable capacity has been installed.The Balkan nation is rich in lignite and official figures showthe country of 1.8 million people has the world''s fifth largestlignite reserves of 12-14 billion tonnes.

The United States remains the biggest political andfinancial supporter of Kosovo since it declared independencefrom Serbia in 2008 almost a decade after the war ended.(Reporting by Fatos Bytyci; Editing by David Gregorio)

About Energy storage investment trends pristina

About Energy storage investment trends pristina

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