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РMУEБGРAИINКАTERVIEW „
Today, we have a paradox,
where the price of the en-
ergy is 36 Euros, while the
grid fees (which is the pay
toll in the traffic segment)
is 38 Euros. I believe that
we pay the most expensive
grid fees in Europe
(photo: Еconomy and Business)
the legislation hadn’t been completed yet. have a paradox, where the price of the en-
Today Feroinvest has ownership of 20 hy- ergy is 36 Euros, while the grid fees (which
dro power plants, while 5 are under con- is the pay toll in the traffic segment) is
struction. However, Feroinvest also fully 38 Euros. I believe that we pay the most
conducts the project and the construction expensive grid fees in Europe. Now the
of 10 other hydro power plants for third households pay the combined price, and
parties under the principle of a turnkey when you sum up these two components,
contract. This segment, well developed they become more expensive than the
in our system, makes us especially proud, market price. I guarantee and I am deeply
since the biggest part of the assets intend- convinced that if a liberalization is con-
ed for construction of the hydro power ducted today, under the existing prices on
plants remain in the Macedonian econo- the market, the households will be paying
my – they are constructed by Macedonian a smaller price than the current one. The
construction companies and we are deliv- price decrease should not be significant;
ering predominantly Macedonian equip- it should not be measured in 0,0-some-
ment. If you take into consideration that thing percent. The Regulatory Commis-
58 small hydro power plants are an invest- sion works under the principle of costs of
ment of at least 140-150 million Euros, the submitter’s bill. It is very important
these numbers are not so insignificant. that this process is critical towards the
submitters, since if you see my expenses,
The Regulatory Commission an- and everybody else have to pay them (in
nounced a decrease of the electricity price this case the citizens), maybe you and
for 0,25%. Is this a long-term sustainable I will easily make an agreement for my
approach, a trend, especially in the house- costs. Therefore, I believe that the public
hold segment? should be a little more deeply involved in
the analysis of the costs and all this needs
K. Angjushev: We constantly claim to be transparent. Regarding the question
that the households are subsidized by the whether this is a long-term approach, the
economy, and this was the case indeed, price of the electricity in Europe fell down
but let’s not forget that the price of the to 24-25 Euros, and for us it is 36 Euros,
electricity at that moment was 80 Euros, since they, with their cross-border capaci-
while today it is 36 Euros. And today, we ties, are retaining the cheap energy, so it
22 July-August 2016
