5 Minute News

Rejection of the proposal for central electricity storage systems

October 29, 2024

The Ministries of Energy and Finance rejected a proposal for three central electricity storage systems that could improve the electrical system's safety. This proposal included the capability to provide electricity for two hours from each system, without using the Electricity Authority's generators. The general director of the Electricity Authority mentioned that the rejection may affect electricity prices for consumers. The Ministry of Energy prefers the development of hybrid storage systems over central installations.