Why is planning important in Albania's energy sector?

Planning is thus crucial in avoiding piecemeal development approaches, ad-hoc decision making, and contradictory investments and development support. Albania’s energy sector is guided by its National Energy Sector Strategy 2030, along with the National Renewable Energy Action Plan 2018-2020 and the Gas Master Plan.

What projects are being developed in Albania?

electricity interconnection lines with neighboring countries, as well as the development of projects new developments in the gasification of the country, which Infrastructure include projects for the construction of LNG terminals and those for connecting Albania with regional gas pipeline networks. 2.-

What is the government's plan for the supply of Albania?

The government's medium-term/long-term plan for the supply of Albania. Currently, the company operates two hydropower plants within the Devolli Hydropower capacity of about 197 MW). underground. This would significantly increase the annual electricity production in Albania and improve the management of the Devolli cascade.

What are the key pillars of the Albanian energy policy?

Key pillars of the Albanian’s energy policy. –Government Medium Term/long term Plan for the supply with electricity and gas. -Increasing Security of the energy supply . -Functioning as a regional energy center, that contributes on the development of a safe and the guaranteed energy network in South-East Europe.

How many private energy companies are in Albania?

Currently, the number of private Albanian companies that have become part of the Albanian Electricity Stock Exchange has reached 12. Meanwhile, together with the 5 Albanian public energy companies, which were the first to join, the total number of entities goes to 17.

Is Albania a member of the Energy Charter?

(Ratified by the Law no. 9501, dated 04.03.2006) Meanwhile, Albania is one of the signatories of the Energy Charter and during the years 2018- 2019, Albania also held the presidency of this organization.