Does Albania have a hydro power plant?

Albania’s domestic generation is almost entirely dependent on hydropower since the country’s only thermal power plant is currently inoperable. The total installed generation capacity has increased over the last few years because of new private investments in hydro power plants and more recently in small solar farms.

Does Albania need a diversified energy production mix?

The government of Albania seems to have already acknowledged the need for a diversified energy production mix. The Minister of Energy and Infrastructure, Belinda Balluku, has repeatedly highlighted that one of the key pillars of focus is the national strategy on energy diversification.

Does Albania have a power supply security problem?

Albania is a net importer of electricity; power supply security is a challenge. Albania’s domestic generation is almost entirely dependent on hydropower since the country’s only thermal power plant is currently inoperable.

Does Albania have a wind power capacity?

Although Albania has currently no wind power capacity, the country also presents a significant cost-competitive wind potential based on IRENA’s estimates.

Is Albania a safe place to do business?

While the government has restated that Albania is a safe country for foreign investments, the country is still perceived as a difficult place to do business. According to World Bank’s ease of doing business index, it ranks 82 nd out of 190 countries, far below its Balkan neighbours.