HPP Investments Dispute Resolution Issues in Albania

HPP Investments Dispute Resolution Issues in Albania

* Highlights, Information, Research
Hydroelectric Investments Dispute Resolution Issues in Albania Analysis by Dr Lorenc Gordani Head of Professional Masters Department Tirana Business University (TBU) [pj-news-ticker] Albania offers a huge potential in small hydropower plant, but a big obstacle to uptake these investments had have to do with a wrong general perception of a very high level of risk. Notwithstanding a partial truth about many issues needed to be taken into consideration, the legal security from the arbitral intervention is one of the main regulated components of these investments. As a qualified lawyer, we have in the hand all the option to prevent the unpleasing event happen and if they take place to put all the measure of contrast and assure a full remuneration form any damage. Then, due to the above favourable low-cost…
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Albania presents the Skavica hydropower plant by 500 Mil/Euro

Albania presents the Skavica hydropower plant by 500 Mil/Euro

Information, Research
Albania presents the Skavica hydropower plant by 500 Mil/Euro Analysis by Dr Lorenc Gordani Professor, Tirana Business University (TBU) [pj-news-ticker] Prime Minister Edi Rama at the opening ceremony of the Skavica HPP project has shown-up the preliminary work done during the perform of pre-feasibility of HPP Skavica project. The outcome study prepared that have been waiting from a while and was pre-announced at the start of the Karavasta PV 140 MW project on 27 May 2020, is a product of the high level of a team experts of the IPF6 consortium (Infrastructure Facility Project) funded as part of the Western Balkans Investment Framework - WBIF, an EU instrument fund that have contributed with a grant by 1.5 Million Euros since 2017. Finally, the team has started the work in January…
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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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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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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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Albanian BOTs worth then gold

Albanian BOTs worth then gold

Information, Representation, Research
Albanian BOTs worth then gold Analysis by Dr Lorenc Gordani Legal Advisor in Albanian Energy Market [pj-news-ticker] At the May 2013 the old concession law and regulation was replaced by Law No. 123/2013 "On Concessions and Public-Private Partnership" ("New Law on Concessions and PPP") and accompanying Regulations “For the evaluation and granting of concessions and public-private partnership” approved with DCM no. 575 dated July 10, 2013 ("New Concessions Regulation"). In an attempt to harmonize with the EU Directive 2004/18/EC, the new law and regulation introduced the concept of Public-Private Partnership (PPP) and the extension of rights, responsibilities of each party and risk allocation during the concession period. However, almost all the part of the concessionary contracts (above 520 SHPP) are signed along the period 2009 - 2013. Until May 2013,…
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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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Webinar Records “Investment Potential of Balkan Hydropower” by Vostock Capital

Webinar Records “Investment Potential of Balkan Hydropower” by Vostock Capital

* Highlights, Guest, Representation, Research
Webinar Records “Investment Potential of Balkan Hydropower”, Vostock Capital”, 20th June 2017 Annalise by Dr Lorenc Gordani Legal Adviser in Albania Energy Market [pj-news-ticker] Acerc following the “Webinar: The Investment Potential of Balkan Hydropower”, which took place on Tue, Jun 20, 2017 12:00 PM - 1:30 PM BST, by Russian-British consulting company “Vostock Capital”, invite to find available for downloading the webinar records. Keynote speaker’s panellist: Nicholas Sofianos, Research Projects Coordinator, Institute of Energy for SE Europe (IENE), Dr Lorenc Gordani, Energy Adviser at ESC Adriatic, Chairman of Albanian Centre for Energy Regulation and Conservation Click here or more on the Investment Potential of Balkan Hydropower and here for other audio files by Dr Lorenc Gordani in energy field as well as here for a summery by IENE. The webinar…
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The legal structure of the HPP investments on risk mitigation in WBs

The legal structure of the HPP investments on risk mitigation in WBs

Research
The legal structure of the HPP investments on risk mitigation in WBs Annalise by Dr Lorenc Gordani Legal Adviser in Albania Energy Market [pj-news-ticker] The use of PPP normally is seen has a way to the financing of infrastructure and industrial projects based upon the cash flows of the project given (project finance). The contracts are granted, according to the concession law (concession granting contract (public contract)) or following public procurement procedure (as a public procurement contract). Then, the operator finances the construction of the power plant and benefits from fees (or tariffs) paid along the operation of the plant. The subjects and rights of PPP are clearly identified: the ministry responsible for energy acts as the Contracting Authority. The law contains provisions that reassure a fair and transparent procedure…
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