News

World Bank praises government for energy reforms

Published

November 4, 2015

Comments

0

Share

Published:

November 4, 2015

Comments:

0

Share

The World Bank has considered the reform in the energy sector in Albania as positive. This declaration was made by Ellen Goldstein, the head of the World Bank’s Southeast European office, in a meeting in Tirana with the Albanian energy minister Damian Gjiknuri, Independent Balkan News Agency reported.

According to the ministry’s press release, Goldstein said the quick settlement of the conflict with ČEZ was “the right decision to give way to investments and reforms in the sector.” Goldstein said the progress of the reform is very good one. She added that its effects will be tangible with the improvement of the service offered to customers.

For minister Gjiknuri, reform in energy is giving its positive effects, but he has also praised the support given by the citizens, who have embraced legality in the consumption of electricity. According to his words, the energy sector has started to contribute to the economy of the country. Gjiknuri said the government is working for the new market model, liberalization of the energy sector and the project to set up a power exchange in Albania.

In October, prime minister Edi Rama pledged to request international expertise on the events that led to the termination of the contract with ČEZ. He stated the government asked the United States Federal Bureau of Investigation for help.

Related Articles

Energy demand insights Navigating resilient solutions for a sustainable future

Energy demand insights: Navigating resilient solutions for a sustainable future

27 May 2024 - In today's world, the nexus between energy demand, building energy efficiency, and environmental sustainability is crucial. As we navigate the complexities of climate change, finding resilient solutions to manage energy demand and enhance building performance is paramount

Belgrade Energy Forum energy storage is next big thing

Belgrade Energy Forum 2024 – energy storage is next big thing

25 May 2024 - There are exponential opportunities for energy storage investments to facilitate the green transition, main developers and operators in Southeast Europe said at Belgrade Energy Forum

janom investments Andrej Srsen bef 2024

Janom Investments bringing knowhow, investments to Western Balkans

24 May 2024 - Janom Investments is eyeing a portfolio of over 1,000 MW in wind, solar and battery projects in Croatia, BiH, Serbia and North Macedonia

maja turkovic cwp global investments bef 2024

Meet energy transition leaders in SEE: CWP Global is developing 6 GW of solar, wind, storage

24 May 2024 - Vice President for Europe at CWP Global Maja Turković was a panelist at the Belgrade Energy Forum 2024 conference