Albania - Latest News
On 24th March 2020, the European Union opened accession negotiations with the North Macedonia and Albania.
NIB and the Black Sea Trade and Development Bank agreed on a EUR 50 million loan programme and a 10-year loan facility to finance environmental projects in the Black Sea region and Southeast Europe.
In accordance with the European directives, Albania will establish a national power exchange in advancing the transformation of the energy sector. The power exchange will operate a day-ahead and intraday trading platform.
BESTA applied for a building permit for a photovoltaic park near the southern city of Berat in the area of Kucova, Albania. The country produces over 90% of its electricity from hydropower plants.
The European Investment Bank (EIB) has published a contract notice for the Infrastructure Project Facility – Technical Assistance – Energy, Environment, Social, Transport and Digital Economy under the Western Balkans Investment Framework (WBIF).
The Albania - based LM Energy Corporate has applied for a building permit for a solar park in Sheq Marinas area near the southwestern city of Fier. The expected installed capacity is 50 MW.
According to the latest Eurostat figures the share of renewables in gross final energy consumption in has reached 17.5% in 2017, up from 17% in the European Union. Latvia, Sweden and Finland were the frontrunners.
Regulatory Board sets priorities. At its 41st plenary meeting, the Energy Community Regulatory Board (ECRB) set out its objectives and priorities for the upcoming year. The Work Programme 2019 includes the continuation of monitoring reports on gas and electricity wholesale and retail markets and transparency of the gas sector.
Energy regulators across Europe and the Eastern and Mediterranean region sign cooperation arrangement
Cooperation Arrangement that will strengthen regulatory cooperation between energy regulators across Europe through to the Mediterranean, South East Europe and Black Sea regions.
To help countries in the region design and implement an Energy Efficiency Obligation Scheme in line with Article 7 of the EU Energy Efficiency Directive.
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