Albania launches procedure for electricity import due to drought

Albania has launched import procedure for 285,000 MWh of electricity for over one month period. The procedure was launched to overcome domestic production’s shortages provoked by the drought. Albania’s Energy Power Distribution Operator (OSHEE) announced on June 23 that it had launched import procedures for 285,000 MWh of electricity for the period from June 28 […]

Albania published a tender for HPP Kalivac

The Albanian Ministry of Energy and Industry published a tender for the construction of the Kalivac hydropower plant on the river Vjosa and concession to produce power for the national grid over a period of 35 years. The private/public partnership project includes the construction of a dam along with the power plant, the ministry statement […]

UNECE’s Drina nexus project points to untapped cooperation potential in hydropower

Synchronised operation of power plants along the Drina and its tributaries could markedly increase production downstream, according to an integrated resource assessment. A multi-country electricity system model was developed for the three countries sharing the river basin as part of a comprehensive intersectoral or nexus project covering water, energy, food and environment. Montenegro, Bosnia and […]

World Bank to support Albania’s energy projects further

The World Bank is eager to help Albania address constraints and overcome challenges in making the energy sector competitive and efficient and expanding integration with neighbours, the organization’s eight executive directors told the government in Tirana, headed by prime minister Edi Rama. The two-day visit organized at the end of last month as part of […]

Romanian Hidroelectrica not insolvent, IPO to follow soon

Hidroelectrica, Romania’s largest power producer is officially solvent, as stated in the final court decision. This move will enable stock-market trade with Hidroeletrica’s shares. Court’s decision is final, and it will unblock Initial Public Offer (IPO) sale of 15% of company’s share. Remus Borza from Euro Insol, court appointed administrator of Hidroelectrica, expects that this share […]

EBRD seeks consultant for hydropower sector plan

As part of activities to bolster Macedonia’s share of power generation from hydro facilities, currently at one fifth, the European Bank for Reconstruction and Development placed a call for services of a consulting company. Its responsibility will be to assist the government of the Balkan country in conceptual design for the best hydropower development option […]