Why does Albania need to import energy?

Changing weather patterns over the years have forced the country to import energy to cover domestic needs, as a lack of storage capacity requires Albania to sell its generated power during peak months of production.

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.

How can Albania keep its electricity system clean?

Determined to keep its electricity system clean, Albania wants to go a step further. State-owned utility KESH added a ground-mounted solar power unit to one of its main hydroelectric stations, but the idea is to integrate a floating photovoltaic plant and a wind park as well.

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.

Is Albania a net energy importer?

Today, Albania remains a net energy importer as domestic energy production is not able to meet demand. When it comes to renewable energy imports, Eurostat data shows that the country ranks 8 th in Europe.

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.