Albania toward large and sustainable developments

Albania toward large and sustainable developments

* Highlights, Activity, Information, Representation, Research
Albania toward large and sustainable developments Analysis by Dr Lorenc Gordani Head of Professional Masters Department Tirana Business University (TBU) [pj-news-ticker] I. Country Overview Albania like the rest of the Western Balkan has continued encourage foreign capital to enter the energy sector. In 2018, the net inflows of foreign direct investment amounted to 8% of the national GDP (IMF, 2018). Investments that have already reached above $ 1 billion in 2019. A considerable interest that has made that electricity produced by private sector reached 43% of net domestic production in 2019. Notwithstanding which the country remains a net importer on average for around one-third of its needs. Notably, in 2019, drought-triggered electricity imports cost by € 209 million and put the power utility KESH and distribution operator into severe financial…
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Energy policy a factor of power and economic growth

Energy policy a factor of power and economic growth

Activity, Research
Energy policy a factor of power and economic growth, Dr Lorenc Gordani, 22th October 2017 [metaslider id=11349] Our energy system is on the brink of a revolution! Climate change imposes an increasingly binding constraint on the use of fossil fuels. Even, the fossil fuel-based energy has been such a powerful engine of growth, the above transition is an “golden” opportunity for a “green growth” through a development of new forms of economy that are self-resource efficient, oriented toward a proactive consume, clean and protective of the natural environment, etc. Afford of such challenges by public authorities request a long sight looking integrated approach: the energy assets are long-lived, that makes necessary the start decarbonizing of the energy systems early! Anticipating a future carbon constraint is often cheaper than risking stranded…
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