How can Albania solve the energy crisis?

In addition to eliminating the electricity deficit and taking electrification to new sectors, Albania can increase its potential to unlock new industries and investment using clean energy. The country can explore opportunities to produce green hydrogen through solar and wind power.

Does Albania have a power supply security problem?

Albania is a net importer of electricity; power supply security is a challenge. Albania’s domestic generation is almost entirely dependent on hydropower since the country’s only thermal power plant is currently inoperable.

Who is responsible for implementing energy policies in Albania?

The Ministry of Infrastructure and Energy is responsible for formulating and implementing energy policies in Albania. It plays a key role in shaping the regulatory framework, energy development plans, and strategies for the sector. 2. Regulatory Authority for Energy (ERE):

Does Albania need a diversified energy production mix?

The government of Albania seems to have already acknowledged the need for a diversified energy production mix. The Minister of Energy and Infrastructure, Belinda Balluku, has repeatedly highlighted that one of the key pillars of focus is the national strategy on energy diversification.

Does Albania have a hydro power plant?

Albania’s domestic generation is almost entirely dependent on hydropower since the country’s only thermal power plant is currently inoperable. The total installed generation capacity has increased over the last few years because of new private investments in hydro power plants and more recently in small solar farms.

Is Albania a good place to invest in renewables?

Opportunities for renewables, and especially for solar and wind energy, are extensive in Albania. According to IRENA’s Renewables Readiness Assessment report (2021), the solar radiation is very high throughout most of its territory, with the country enjoying some of Europe’s highest number of sunshine hours per year.