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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Free Webinar: Status of major projects on construction and modernization of HPPs in the Balkans

Free Webinar: Status of major projects on construction and modernization of HPPs in the Balkans

Activity, Representation, Research
Free Webinar: “Status of major projects on construction and modernization of HPPs in the Balkans” Date: April 23, 11:00 am GMT Location: Online (Free) [pj-news-ticker] Dear Partners and Colleagues, Following our long-term partnership with the Vostock Capital it is a great pleasure to communicate, the forthcoming Free Webinar: “Status of major projects on construction and modernization of HPPs in the Balkans”, on the April 23, 11:00 am (GMT). Today hydropower in the Balkans accounts for about 50% of region’s installed capacity, which is 12.5 GW generated by 53 middle and large HPPs and 203 SHPPs. The technical potential is about three times above the actual usage which is 36 GW. More than 30 hydropower investment projects on construction, rehabilitation and expansion will be developed in the Balkans during the next…
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Albania launches tender for Euro 100 Million Solar Park

Albania launches tender for Euro 100 Million Solar Park

Research
Albania launches tender for Euro 100 Million Solar Park Analysis by Dr Lorenc Gordani Professor at the Tirana Business University - TBU [pj-news-ticker] Introduction The Albanian energy market is undergoing a complete restructuring process that is thought to be finalized soon also with the launch of the power exchange (APEX). A new framework that tends to foster more and more its entering now into active development of renewable energy, with different options of use of photovoltaic included the self-consumption (DER), increased trades and above all opportunities for alternative suppliers, the deployment of the fleet of electric cars, etc. An entirely “radical” game of change approach regarding renewable energies, similar to developments in the rest of the Balkans, which aims to create a more efficiently mix of energy production. A trend…
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Technical studies on energy infrastructure

Technical studies on energy infrastructure

Representation, Research
Technical studies on energy infrastructure Analysis by Dr Lorenc Gordani Legal Advisor in Albanian Energy Market [pj-news-ticker] The development of the energy sector in Albania, as referred by the latest data’s of Instat, is confirmed as strategic for the growth of the entire economy. However, despite the multi-importance for the economy, energy investments traditionally have presented complex challenges in their deployment in practice, which have requested a continued review with the aim of improving the legal framework in force. In fact, the involvement in new generation capacity is a very complex infrastructural work in open space mostly in remote areas, as well as the beginning of production of a very sensitive commodity like is the energy. Normally these investments are built to operate above the 30-40 years, which make their…
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Green economy pass through the human capital

Green economy pass through the human capital

Research
Green economy pass through the human capital Annalise by Dr Lorenc Gordani Legal Adviser in Albania Energy Market [pj-news-ticker] The today Albanian energy market, similar to the transformation in many different fields of economy, has taken an in-deep reform that in some way were even difficult to be imagined only some times before. In practice, the country has adopted the same legal framework, has proceeded with integrating the institution and struggling to enforce the rule of law applied to the sector in all the European countries. An effort, first of all to our direct interest, but in the same time, as part of the integration process with the openness of the energy market in Albania, is giving a contribution to foster the opens of other countries in South-East Europe. As…
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Address of administrative barriers for an accelerate uptake of renewable

Address of administrative barriers for an accelerate uptake of renewable

Research
Address of administrative barriers for an accelerate uptake of renewable Annalise by Dr Lorenc Gordani Legal Adviser in Albania Energy Market [pj-news-ticker] At the begin of February 2017, the Parliament of Albania passed the Law on Promotion of the Use of Energy from Renewable Sources. A new legal framework that has been strongly supported by the Secretariat of Energy Community, with the aim to positively affect legal framework to improve both compliances with the acquis and investor confidence. In the framework of the WB6 Sustainability Charter, the country has agreed to step-up the ongoing efforts to reform and integrate electricity markets and to become a part of the global response to climate change. The status in promotion of renewable energy, as included in the implementation reports, shows that the transposition…
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The energy transition opens to alternative resources in Albania

The energy transition opens to alternative resources in Albania

Information, Research
The energy transition opens to alternative resources in Albania Analysis by Dr Lorenc Gordani Legal Advisor in Albanian Energy Market An overview of the latest updates on renewable The Albanian energy market is undergoing a full restructuring process, and the country, similar to the transformation taking place in the region, is increasingly entering in an emerging market of distribution of renewable energy (DER), alternative tradings and deregulate of supplies. Regard the renewable the above profound energy transition has been lately crowned with the approval of the new Consolidated National Action Plan on Renewable Energy Sources 2019-2020. The action plan already in force by the 19 September 2019 rises the PV capacity available from 120 MW to 490 MW, the wind from 70 MW to 150 MW, and the biomass from…
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Albania, openness towards electricity trading options

Albania, openness towards electricity trading options

Activity, Representation
Albania, openness towards electricity trading options Analysis by Dr Lorenc Gordani, Legal Advisor in Albanian Energy Market, Professor in the Department of Justice at the UMB Edited by Irsida Sheshi, M.A. in Public Administration [pj-news-ticker] In the last few months, Tirana hosted the International Energy Charter Forum under the Albanian Chairmanship of the Energy Charter Conference. The high-level activity presided by Urban Rusnák‏, Sec. Gen. EnCharter focused on topics such as interconnections and regional integration, linking efficiency and renewable energy to sociological-economic benefits, regional shared prosperity, etc. Going back to the early ‘90’s, Albania has seen in the Energy Charter one of the first institutional drives for the reforms with an aim to open up its energy sector. This is a process that has recognized in the last year --…
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3rd Annual International Summit “Hydropower Balkans 2019”

3rd Annual International Summit “Hydropower Balkans 2019”

* Highlights, Activity, Representation, Research
3rd Annual International Investment Summit and Exhibition “Hydropower Balkans 2019” Date: 7-8 November 2019 Venue: Belgrade, Serbia Organiser: Vostock Capital [pj-news-ticker] Dear Partners and Colleagues, We’re delighted to announce the being part as advisory board of the Hydropower Balkans 2019, after the successful participation at the Summits 2018 and 2017. Participations that have seen the kept of a presentation on: - “Albania hydroelectric sector towards large and sustainable developments”. For more can be get from the PowerPoint slides presented at 2th edition Summit “Hydropower Balkans 2018”, organized by Vostock Capital among 6-8 November 2018, at the Splendid Conference Resort, Budva, Montenegro, and, - “Legal Granting Regime of Hydro’s in WBs”. For more can be get from the PowerPoints as kept at the conference “Balkans Hydropower Summit 2017” as well as…
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HPP sector towards large and more sustainable developments

HPP sector towards large and more sustainable developments

Activity, Representation, Research
HPP sector towards large and more sustainable developments Annalise by Dr Lorenc Gordani Legal Adviser in Albania Energy Market [metaslider id="17560"] [pj-news-ticker] Albania like the rest of the Western Balkan countries, has continues encourage foreign capital to enter in the energy sector. Investments that have already reached about $ 1 billion, with growth in real term at 10% in 2017. The latest data shows that electricity produced by private sector have reached 33.7% of net domestic production. A high level that have led economic growth for the second consecutive quarter above the 4%. Considering, that the point of reference for any investment decision has to do with the rate of return, the comparative advantages of the Albanian hydroelectric (HPP) are numerous. At first, they are linked to the great natural…
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