Germany inks EUR 40 million loan for energy sector
The Government of Albania reached a loan agreement with the German government for a project that aims to increase efficiency in the energy sector, Invest in Albania portal reported. The EUR 40 million loan will be allocated by a German bank, official sources say. Efficiency in the energy sector programme consists of improving the aspect […]
Government cancels contracts for 30 hydro plants
Licenses for the construction and use of 30 power plants throughout Albania were cancelled by the country’s government for their „failure to meet obligations,“ after members of the European Parliament called on it to reconsider the plans. Prime minister Edi Rama’s cabinet earlier scrapped several such systems that were approved in the last meetings of […]
Interconnection underway between Macedonia and Albania
The construction of a 400 kV Bitola-Elbasan interconnection transmission line tops the list of priority projects within the Energy Community involving energy infrastructure, said Macedonian economy minister Bekim Neziri and Albania’s parliament speaker Ilir Meta at a meeting in Tirana, English language Independent.mk agency said. Both men pointed that this is the first interconnection between […]
Gjiknuri-Pagano: Reform in energy sector on right track
After getting acquainted with the measures and steps taken in electricity sector reform, World Bank directors declared that the challenge of Albanian government is very important and the work is on the right track, AlbReporter portal said. Minister of Energy and Industry Damian Gjiknuri received Patrizio Pagano, executive director at WB in Washington, who was […]
Albania’s energy consumption continued to rise sharply in 2014
Albania’s consumption of electricity, the leading source of energy, continued to rise sharply in 2014 and, after several years, had a reduction in the level of electricity losses, the national Institute of Statistics (Instat) said. Household consumers increased consumption of electricity by 10.2% from 2013. Electricity consumption in total by customers rose by 10.1% from the previous year, to 5.01 TWh. […]
Albania-Italy cable potentially more profitable than Montenegrin project
Albania is trying to position itself as the export route for cheap Balkan hydropower into Italy, ahead of Montenegro, ICIS reported. An undersea electricity interconnector between the two countries could be more feasible than a cable linking Montenegro and Italy, according to Lorenc Gordani, an energy expert from Albania. The Albanian government signed a memorandum […]
Ahmetaj: In 10-15 years, Albania won’t need power imports
On the second day of Albania Oil, Gas and Energy 2015 Summit in Tirana, minister of economic development, trade, entrepreneurship and tourism, Arben Ahmetaj, stressed in a speech that the reforms undertaken by the country’s government in the energy sector have had positive effect on the economy and that the main goals are the reduction […]
Hydropower plant production licences for two companies
Albania’s energy regulator said it had awarded an electricity production licence to local company Ayen AS Energji, SeeNews portal reported. The licence allows the company to operate as producer of electricity from the 12.25 MW Gojan hydropower plant, the 6.55 MW Gjegjan hydropower plant, the 27.94 Peshqesh hydropower plant, and the 63.8 MW Fangu hydropower […]
