Electricity

Albania to lease oil-fired power plant as a response to energy emergency

Albania to lease oil-fired power plant with installed capacity 110-130 MW

Photo: denfran

Published

January 14, 2022

Country

Comments

comments icon

0

Share

Published:

January 14, 2022

Country:

Comments:

comments icon

0

Share

Albania’s power utility KESH intends to lease a thermal power plant with an installed capacity of 110-130 megawatts (MW) from a contractor that would deploy and connect it to the country’s electricity transmission grid.

In October, Albania declared an energy emergency because of a lack of electricity for domestic consumption caused by the energy crisis.

KESH has now issued the call for expression of interest to determine the technical and economic opportunities for taking on lease a thermal power generation asset that can be easily deployed and interconnected in the electricity transmission grid of Albania, according to the call.

KESH intends to lease facility over the period of one to three years

KESH expects to sign a deal with an international entity or group of entities to lease a thermal generating asset over one to three years. The contractor should also provide operation and maintenance services throughout the lease period and in line with the production requirements provided by KESH.

KESH listed nine technical requirements for the facility. Among them is the total installed capacity to be modular to provide production flexibility without impacting the generation efficiency of the plant and operation on light fuel oil and heavy fuel oil, the call reads.

TPP must be fit to be deployed near the Vlora thermal power plant

The power plants also must be in line with Albania’s legal requirements for environmental pollution and fit for deployment near the Vlora thermal power plant to use its interconnection infrastructure.

The main reasons for taking a TPP on lease are the generation of the total amount of electricity needed to fulfill the public supply obligation (PSO), providing a reserve generating capacity to guarantee the security of power supply, optimizing the production of electricity from both hydro and thermal resources to meet the PSO demand throughout the year, and achieving surplus revenues from commercial transactions in a deregulated market.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Petrol obtains financing EV charging network Slovenia Croatia

Petrol obtains financing for EV charging network in Slovenia, Croatia

15 July 2024 - Slovenia-based Petrol is about to install electric vehicle charging points in 35 locations in its home market and in Croatia.

Green for Growth Fund financial impact targets 2023

Green for Growth Fund tops its financial, impact targets in 2023

15 July 2024 - The Green for Growth Fund kept mitigating climate change and promoting sustainable economic growth last year in its 18 markets

Energy permit not needed for power plants under 1 MW in BiH

15 July 2024 - The Ministry of Energy, Mining and Industry has adopted the rulebook on issuing energy permits and it entered into force on July 6

koncar croatia siemens energy

Končar, Siemens Energy launch new joint venture

15 July 2024 - Croatia’s firm Končar and Siemens Energy have signed a joint venture agreement on the establishment of the Končar - Transformer Tanks