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Albanian Green Energy Sh.P.K Biomasa3/21/2021
A big part of my work is the renewAfrica initiative where we are striving to increase investments in renewables in Africa.Prior to PwC I advised the petchem major Borealis on commodity and regulatory risk exposure while earlier still, at JBC Energy, I analysed, modelled and forecasted crude and refined oil prices.
![]() I graduated with honors from Hamilton College and hold an M.A. Johns Hopkins School of Advanced International Studies and the Diplomatic Academy of Vienna. I currently serve on the Governing Board of United World College in Mostar. To date, the government has issued ten authorizations to build small solar power plants with an installed capacity of fewer than 2 MW. Albanias domestic generation is almost entirely dependent on hydropower, since the countrys only thermal power plant is currently inoperable. The total installed generation capacity has increased over the last few years because of new investments in small and medium-sized hydro power plants. In 2018, total installed capacity reached 2,204 MW, of which 1,448 MW are state owned (1,350 MW hydro and 98 MW thermal), with the remainder private. In 2018, several investments in small solar farms were finalized, increasing solar generation capacity to 21 MW. The sector continues to suffer losses despite improvements over the last four years to curb theft and non-collection. The government has launched energy sector reform to address power theft and modernize distribution, transmission, and generation. The reform strategy aims to ensure security of supply through market reforms, liberalization of the energy market, anti-theft measures, new regional interconnections, and diversification of generation sources. Construction of new generation sources and transmission lines, improvements to the grid, and investment in renewable energy all represent promising investment opportunities in Albania. The Trans-Adriatic Pipeline (TAP), which will deliver Azeri gas via Greece and Albania to Europe, is expected to increase demand for gas-fired energy and manufacturing investments in Albania. ![]() Albanian Green Energy Sh.P.K Biomasa Series Of PublicOver the past decade, the government has undertaken a series of public investments and initiatives to address sector shortcomings, chiefly with support by international donors. These initiatives include: Increased Transmission Capacities: The German development bank Kreditanstalt fr Wiederaufbau (KfW) has financed various projects in the energy sector, including 400-kv interconnection lines with neighboring Montenegro and Kosovo. The interconnection line between Albania and Montenegro was completed in 2011, and the line with Kosovo in 2016. The government is also set to build a new 400-kV line with North Macedonia. The Albanian segment is expected to cost 70 million euros, of which the EU would provide a grant of 15.5 million euros through the Western Balkans Investment Framework (WBIF). KfW would loan an additional 50 million euros, and the Albanian transmission system operator would contribute 4.5 million euros. KfW also has financed construction of the 110-kV ring line in southern Albania. Increased Distribution Efficiency: In 2009, the government unbundled the Albanian Power Corporation (KESH) into generation, transmission, and distribution entities to improve the efficiency of the system, reduce losses, and improve bill collection. Additionally, the World Bank is financing a USD 150 million power reform effort and recovery project to improve security of supply and reliability. Diversification of Generation Sources: Investment opportunities exist to expand and convert an idle power plant in Vloreoriginally financed by the World Bank but never operational because of cooling system problemsto run on natural gas rather than fuel oil. The government is currently evaluating offers to rehabilitate and operate the plant. ![]() The government continues to grant concession contracts to build hydro power plants. Wind and solar power: In early 2017, the government approved legislation to promote electricity generation from renewable sources, including wind and solar. Units of less than 2-MW solar and 3-MW wind benefit from approved feed-in tariffs for 15 years.
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