Why does Albania need to import energy?

Changing weather patterns over the years have forced the country to import energy to cover domestic needs, as a lack of storage capacity requires Albania to sell its generated power during peak months of production.

How can Albania solve the energy crisis?

In addition to eliminating the electricity deficit and taking electrification to new sectors, Albania can increase its potential to unlock new industries and investment using clean energy. The country can explore opportunities to produce green hydrogen through solar and wind power.

Is Albania a good place to invest in renewables?

Opportunities for renewables, and especially for solar and wind energy, are extensive in Albania. According to IRENA’s Renewables Readiness Assessment report (2021), the solar radiation is very high throughout most of its territory, with the country enjoying some of Europe’s highest number of sunshine hours per year.

Why is Albania so reliant on hydropower?

g Albania a net energy importer and thus heavily reliant on imports. Being also heavily reliant on hydropower also means that renewable generation is sensitive to rainfall, of which has seen considerable annual variations and a steady decline in recent years.

How can Albania improve energy security & climate resilience?

ar and wind resources, which are currently almost entirely untapped.In order to improve energy security and climate resilience and to meet growing energy demand, it is imperative that Albania accelerates the transit to those abundant, available and local, renewable energy sources. Figure

Is Albania a 'forgotten giant of clean electricity'?

While hydropower seems to have been the “forgotten giant of clean electricity” as pointed out by IEA in its Hydropower Special Market Report, Albania, in that respect, on the contrary, has done a great job at harnessing its hydropower potential, which has undoubtedly contributed positively to the decarbonisation of its electricity sector.