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


January 14, 2022






January 14, 2022





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

Serbian power utility kicks- off construction of its first wind power plant Kostolac

20 May 2022 - EPS signed the loan agreement in November 2017, and received an energy permit for the wind farm at the end of 2018


US-based KKR set to take over ContourGlobal

20 May 2022 - US-based KKR is set to take over Bulgarian thermal power plant Maritsa East 3, as well as wind and solar capacities in Austria and Italy

Industry draws first global definition of green hydrogen

Industry draws up first global definition of green hydrogen

19 May 2022 - The Green Hydrogen Organization (GH2) has published a Green Hydrogen Standard - for certification and labeling, and greenwashing prevention

Slovenia faces electricity price hikes this year

Slovenia expects electricity price hike in Q3 2022

18 May 2022 - The end of the war in Ukraine would lead to lower electricity prices, said Aleksander Mervar, ELES CEO