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Albania at the "worst" level of meeting needs with renewable energy
By Sadiola Xhelili
September 14, 2022 / 20:22
For meeting its needs with renewable energy, Albania is ranked with the "worst" level in the Western Balkans, with only 30 percent capacity.
At least this is the conclusion of a recent report by the UN Economic Commission for Europe (UNECE) and REN21 on the status of renewable energy and energy efficiency.
Renewable energy and energy conservation are key solutions to climate change mitigation.
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In the analysis carried out, it is warned about low investments in Eastern and South-Eastern Europe, the Caucasus and Central Asia.
The data showed that fossil fuels remain dominant in heating, cooling and transportation, which account for 80 percent of total energy consumption.
As such, the report notes that there is massive untapped potential for renewable energy development and energy efficiency improvements in the region of Eastern and Southeastern Europe, the Caucasus and Central Asia.
The document covers 17 countries plus Kosovo. They include all nine Contracting Parties of the Energy Community, of which six constitute the Western Balkans.
"In recent months we have seen severe heat waves in many countries and dramatic floods in others," said UNECE Executive Secretary Olga Algayerova.
Renewable energy remains a key solution to mitigating climate change, but she has warned that change is not happening fast enough.
The UNECE Renewable Energy Status Report 2022 provides an analysis of the status of renewable energy and energy efficiency.
The authors have highlighted the growing awareness within municipal authorities in the Western Balkans of the link between heavy air pollution and fossil fuels and the need to phase them out.
The bottom line is that investments are far from achieving climate targets.
Rana Adib, executive secretary of REN21, has indicated that in the observed region, only Russia and the four Central Asian countries, which are all producers of fossil fuels, are self-sufficient.
Then comes Belarus, with over 70 percent, followed by Bosnia and Herzegovina and Montenegro.
They meet half of their energy needs domestically.
And Serbia is the first with increased renewable energy capacity in the Western Balkans in absolute terms from 2017 to 2021 - 0.5 GW.
While Montenegro is last, with only 0.1 GW.
Adib pointed out that countries in the UNECE target region, despite improvements in recent years, have high energy intensity, which shows that there is a lot of room for energy efficiency.
According to her, subsidies for fossil fuels remain high and tariffs for electricity from fossil fuels and nuclear power plants are still artificially low.
Also, a big delay has been recorded in investments.
"Most of the attention has been on the development of renewable energy. The reality is that we are consuming about 80 percent of the energy for heating, cooling and transportation," continued Adib.
And that they are the sectors that need the most focus for change.
The share of renewable sources in total final energy remained unchanged across the observed region from 2014 to 2019, at 18.2 percent.
The category includes traditional biomass, which is mainly the use of wood for heating. And some of the most important factors are the slowdown of hydropower and the increase of motorization
Renewable energy expert Naida Taso said governments should set ambitious long-term targets, reform the energy sector, redirect fossbil fuel subsidies to renewables and introduce carbon pricing.
She pointed out that other essential solutions for increasing the deployment rate of green energy are the simplification of permit procedures or market-based support schemes.
Taken from "Balkan Green Energy News", adapted for "Albanian Post".
/Albanianpost.com
https://albanianpost.com/shqiperia-ne-nivelin-me-te-keq-te-plotesimit-te-nevojave-me-energji-te-rinovueshme/
The administrator of KESH: "The kilowatt of imported energy in the market today is 10 times higher!"
September 13, 2022
https://kohajone.com/administratori-i-kesh-kilovati-i-energjise-se-importit-sot-ne-treg-eshte-10-here-me-i-larte/&ved=2ahUKEwiMoO62uZL6AhW0uJUCHetNBTw4KBAWegQIAxAB&usg=AOvVaw1P94YN1oDk_vIeKyMqFCdE
Congrats
Boost for Sizewell C as nuclear funding plans advance
15 JUN, 2022 BY CATHERINE MOORE
The government is moving forward with plans to fund new nuclear projects, including Sizewell C, according to documents published yesterday.
The documents show significant progress towards implementing a new funding model which will give nuclear projects the financial support they need and attract private investment.
The new Regulated Asset Base (RAB) model will see projects receive a regulated payment from electricity suppliers. The Sizewell C project in Suffolk could be the first nuclear project to use this model, subject to the outcome of current negotiations.
Under the previous mechanism to support new nuclear projects – the Contracts for Difference scheme – developers had to finance the entire construction cost of a nuclear project up front, and only began receiving revenue when the station started generating electricity.
This model led to the cancellation of recent potential projects, such as Hitachi’s project at Wylfa Newydd in Wales and Toshiba’s at Moorside in Cumbria.
Under the new RAB scheme, private investors receive greater certainty through a lower and more reliable rate of return in the early stages of a project, lowering the cost of financing it, and ultimately helping reduce consumer electricity bills. Overall consumers are expected to save more than £30bn over the project’s lifetime on each new large-scale nuclear power station compared with existing funding mechanisms.
Draft reasons for designating the company operating Sizewell C, NNB Generation Company (SZC) Limited, to receive money through the RAB have been published today. They set out the case for the Sizewell C project meeting the criteria of Nuclear Energy (Financing) Act, introduced earlier this year. Their publication brings the government a step closer to deciding on its commercial negotiations with the project developer.
As required by the Act, the document is currently being consulted on with the Environment Agency, Office for Nuclear Regulation, Ofgem and the NNB Generation Company (SZC) Limited. The consultation will close on 4 July 2022 and is the first step in potentially allowing the nuclear company to receive funding under the RAB model.
The government is also consulting on the detail of how nuclear projects would receive their funding under the new RAB model. However, economists from the University of Greenwich have warned that it is a “dreadful model” for taxpayers, and say that they could end up paying double what the government suggests.
Currently, Sizewell C is subject to an ongoing application for development consent, which is entirely separate to commercial negotiations on the project.
Earlier this year it was revealed that the government is set to take a 20% stake in the nuclear plant at Sizewell C. This followed the Net Zero Strategy – published in October last year – which implied that Sizewell was favoured by government for a large scale nuclear plant.
Backers of the proposed nuclear power station were also given a £100M government funding boost in January. The funding commitment from business and energy secretary Kwasi Kwarteng will be used to continue the development of the project which will aim to attract further financing from private investors and, subject to value for money and relevant approvals, from the government itself.
Going forward, ministers have made a commitment to reaching a final investment decision on at least one large-scale nuclear power station this Parliament.
However, there is still a chance that government could back a second large-scale nuclear power station with the future of the Wylfa Newydd nuclear power plant under discussion. New plans for the Wylfa Newydd nuclear site on Anglesey would reportedly see a power plant built costing between £14bn and £17bn.
Despite the support for these various options, the need has remained to find a way to fund new nuclear projects going forward.
Nuclear Industry Association chief executive Tom Greatrex has previously highlighted the need to find such a solution. He told a Welsh Affairs Committee evidence session about Wylfa last year that the window of opportunity “hasn’t closed” at the site but added that it is “disappointing more isn’t happening” and emphasised the need to get a financing mechanism in place.
According to Greatrex, the existing policy framework for financing wasn’t adequate and had the RAB model existed, the project could be in a “different position” as it is a “very good site”.
BEIS nuclear projects and development director Declan Burke said it is hard to say if the outcome would have been different with the RAB model but added that as per the government’s 10 Point Plan, nuclear is a “critical part” of the country’s net zero targets.
https://www.newcivilengineer.com/latest/boost-for-sizewell-c-as-nuclear-funding-plans-advance-15-06-2022/
Declan Burke is board member of "Low Carbon Contracts Company & Electricity Settlements Company" too. This man is a multipropouse tool.
https://www.lowcarboncontracts.uk/
Balluku: Necessity of energy diversification and regional cooperation
2022-09-12 11:03:24
Note: This article was published in a chinese website. Link below.
The Albanian Deputy Prime Minister and Minister of Infrastructure and Energy, Belinda Balluku, emphasized the need to diversify energy sources, during the speech held at the Energy Forum of Southeast Europe, held in Thessaloniki, Greece.
"Albania has started diversifying its energy resources for several years", said Minister Balluku.
Considering the construction of the Skavicë Hydropower Plant, she said that other important and major projects are also intended to transform Albania into a net energy exporting country, bringing an impact on the entire region.
According to the Albanian authorities, Albania's energy future is promising. (Fatosi)
https://albanian.cri.cn/2022/09/12/ARTIoqMhwZBlXHBgIIjRkXZF220912.shtml
I think our next trading day will be in NASDAQ. We will miss OTC too. LOL
We must to see our next investment because this is a won game.
GLTY
It wont to be easy for the albanian goverment to unhide to the public opinion the Shala project. Timming is the key. There will be a hard reaction from envoirementalist groups. Skavica is cleaning our future. This dam will flood many villages and has a greater ambiental and social impact than Shala.
I think the time is now, before this first winter ...
Balluku in Greece: With Skavica we become a net exporter of energy
Euronews Albania
10-09-2022 10:27
The problems arising from the energy crisis have been brought together by the governments of Southeast Europe in Thessaloniki, Greece.
The need for cooperation and investments to guarantee energy independence in the country were referred by Minister Belinda Balluku. The latter also spoke about long-term projects.
"From 2019, we started addressing intensive strategies to build new energy sources. One of the important projects that we have started is the Skavica hydropower plant. Until 2030, we intend to increase the production capacity by 4 terawatts, which will make Albania a net exporter, but we will also help neighboring countries", said Balluku.
The year 2030 is seen as the year of exit from the crisis, and for Ambassador Yuri Kim, Albania is on a good path with the construction of Skavica and other plans and investments that increase energy production.
"Albania, in a way, will most likely surprise all of us", said Kim.
Discussions in the forum also highlighted the need to save energy in this period.
https://euronews.al/vendi/ekonomi-1/2022/09/10/balluku-ne-greqi-me-skavicen-ne-2030-n-behemi-eksportues-neto-te-energjise/
GR Albania's owners are very well conected to highs politicians in Albania. The approval is almost done.
Mubadala, Taqa Group to invest in power sector in Uzbekistan
admin
By
admin
September 9, 2022
Last updated: Sat 10 Sep 2022, 12:26 AM
Mubadala Investment Company (Mubadala) and Abu Dhabi National Energy Company PJSC (Taqa), one of the largest listed integrated utilities companies in the region, signed agreements to invest in the privatization of two gas-fired power generation plants in the Talimarjan power complex in Uzbekistan.
The binding agreements will see Mubadala and Taqa each acquire a 40 per cent stake in two gas-fired power plants with a combined capacity of 1.6 gigawatts (GW) and the assumption of associated operations & maintenance activities. The Talimarjan Issiqlik Elektr Stansiyasi JSC (TIES) will retain the remaining 20 per cent stakeper centin each plant.
In the presence of Suhail bin Mohammed Al Mazrouei, UAE Minister of Energy and Infrastructure, and Jamshid Khodjaev, Deputy Prime Minister of the Republic of Uzbekistan and Minister of Investments and Foreign Trade in Tashkent, Uzbekistan, the agreements were signed by Khaled Abdulla Al Qubaisi, Chief Executive Officer, Real Estate & Infrastructure at Mubadala, Jasim Husain Thabet, Taqa’s Group Chief Executive Officer and Managing Director, and Jamshid Khodjaev, Deputy Prime-Minister of the Republic of Uzbekistan and Minister of Investments and Foreign Trade and Yusupov Olim, General Director of Talimarjan TPP JSC.
Al Mazrouei said: “The UAE continues to be a leader in providing secure and sustainable energy across the world and is actively investing in markets where it can leverage its expertise to create value for all stakeholders. The strategic partnership between the Government of Uzbekistan, Taqa and Mubadala will serve as a vehicle for collaboration for both countries and will create a path for future growth and investment opportunities. I would like to congratulate all parties involved in this milestone agreement.”
The transaction remains subject to the satisfaction of certain conditions precedent, including obtaining any applicable regulatory or other approvals. Completion of this transaction is expected to occur during the second half of 2023.
https://newscandor.com/mubadala-taqa-group-to-invest-in-power-sector-in-uzbekistan/
Its a shame for the human being all this international secenery.
We will return to the caverns era.
Rama responds to the opposition: You are talking nonsense, this is how much energy Albania produces
8 September, 2022 in Current Affairs
Prime Minister Edi Rama, through an appearance at a press conference where he also presented a bit of anti-crisis, has responded to the opposition's accusations regarding Albania's profits from the sale of electricity.
Rama said that this money was used for other expenses of the country. While he emphasized that Albania, even in the best year, had not even managed to produce the energy to consume it on its own, therefore it had to import it at the market price.
Rama : If this vile government would not use the money that sells the energy for other things, they should understand that they are talking about something meaningless. Albania, even in the best year in terms of rainfall, which has not been coming for 4 years, cannot produce all the energy it needs for itself. Even when hydropower plants are full, not when they fall short of quotas. In the best year, it should be on the market and it imports and therefore pays the staggering market prices, this is a fact, not an opinion. The transformation of Albania into a net energy exporting country is our goal and this will happen within 2030. But currently we are completely dependent on the market. To all those who count, I say that in total, what I showed you today is a financial support in times of crisis of almost half a billion.
https://www.lajme.al/rama-i-pergjigjet-opozites-flisni-pa-kuptim-ja-sa-energji-prodhon-shqiperia/
Solving the energy equation, "investment to increase production to reduce losses"
Marjo Brakaj
Published on: 8/9/2022
The 300 million euro bill that Albania paid to buy electricity would be even saltier if it weren't for the small private hydropower plants. Official data show that out of 3.64 terawatt-hours, energy produced in total during the months of January-June, almost 2 terawatt-hours, or in other words over 53 percent, was produced by private individuals.
In the conditions of a crisis that is expected to last, experts of this market estimate that more investments are needed in the direction of private HPPs and this can be achieved by selling the energy to the state for higher values.
To give a concrete example. These last five years, small producers have sold electricity for 60 or 70 euros per megawatt-hour. Meanwhile, in Italy or other countries, this energy is bought by the government at least twice as much... 120 or 130 euros for each megawatt-hour", Giordano Gorini, vice president for Energy, the Italian Confindustria in Albania, tells A2 CNN.
Urgent is the need to reduce network losses. The energy that was not used by anyone, in the first 6 months of the year, reached over 945 gigawatt-hours, an amount that would cost over 195 million euros at market prices.
According to Gorini, "this problem has been going on for a long time. It is clear that in order to have a greater production of stored energy in the distribution network, there is a need for investment. So, in parallel with the increase in energy production in the country, a significant improvement of the distribution network is needed".
In order for the country to guarantee supply, even without the need for imports, in addition to HPPs, support should also be given to solar and wind energy.
"Parallel with the development of hydropower plants, which in my opinion is essential, there should be support for private initiatives of energy production from the sun and wind, as a way to go to the much sought after diversification", says the expert of the Italian Confindustria.
Energy producers see the establishment of the Albania-Kosovo energy exchange as necessary as soon as possible.
https://a2news.com/2022/09/08/zgjidhje-e-ekuacionit-te-energjise-investime-per-te-rritur-prodhimin-per-reduktimin-e-humbjeve/
Owners affected by the construction of the HPP "Grabova 2" are expropriated
that Maela Marini-09/07/2022
TIRANA, September 7/ATSH/ The Council of Ministers decided today the expropriation in the public interest of the owners of real estate affected by the construction of the "Grabova 2" hydropower plant on the catchment basin of the Grabova stream, a branch of the Devolli river, in the Elbasan District. .
According to the government's decision, the real estate owners will be compensated with a total value of 355,395 ALL, which is borne by the concession company "HK HEC Grabova 2", sh.pk
The expropriation begins immediately after the publication of this decision in the "Official Gazette" and the deadline for the completion of the expropriation is within 3 months from the date of its entry into force.
Property owners will be compensated after they have presented the justification documentation for liquidation to the concessionaire company "HK HEC Grabova 2", sh.pk
Also, the State Cadastre Agency, Gramsh Local Office, within 30 days from the date of approval of this decision, in cooperation with the concessionaire company "HK HEC Grabova 2", sh.pk, initiates the procedures for tracing the project on the cadastral map , according to the approved expropriation plan, and registers the deed of transfer of ownership for the expropriated assets in favor of the state, represented by the Ministry of Infrastructure and Energy.
The State Agency of Cadastre suspends all transactions with the expropriated assets until the moment when the process of laying the traces of the project on the cadastral registration map will be completed and registers the deed of transfer of ownership for the expropriated assets in favor of the state, represented by the Ministry of Infrastructure and Energy.
/mm/re/
https://ata.gov.al/2022/09/07/shpronesohen-pronaret-qe-preken-nga-ndertimi-i-hec-it-grabova-2/
Europa International Limited has a website.
https://europainternational.ie/de/?page_id=203
Balluku: Tomorrow we present the "Energy Package", drastic savings measures
Arlinda Gjonaj
09/07/2022
TIRANA, September 7/ATSH/ The Albanian Government will present a package to respond to the global electricity supply crisis.
Deputy Prime Minister Belinda Balluku, at the same time Minister of Infrastructure and Energy, Belinda Balluku stated today that tomorrow the government will present the "Energy Package" which includes keeping the price of electricity unchanged up to 800 KWh of energy from October 1. .
Balluku also said that the package also contains some other drastic measures.
"Tomorrow, together with the Prime Minister, we will present the package for energy, which, among other things, includes the 800 KWh bundle that will start implementation from October 1, but also some other drastic measures that we will have to take in the future". Balluku declared after the Government meeting.
She stated that some of the measures were taken from the best European practices and some were adapted to the requirements of our country. /jp/
http://ata.gov.al/2022/09/07/balluku-prezantojme-neser-paketen-e-energjise-masa-drastike-per-kursim/
First speech as prime minister/ From energy to health! Liz Truss listed the government's three priorities: Here's the plan to grow the economy
Sep 6, 2022 | 19:02
Liz Truss has delivered her first speech as Prime Minister of Great Britain, listing the government's three priorities. The economy, energy and the National Health Service will be her priorities, the BBC reports.
The economy
Truss said he would focus on "getting Britain working again" with a "bold plan to boost the economy through tax cuts and reforms".
She said she would "cut taxes to reward hard work and encourage business-led growth and investment" as part of her mission. She added that it will "make sure that we are building hospitals, schools and roads".
POWER
Truss promised to "deal with the energy crisis caused by Putin's war". She said she would "take action this week to deal with energy bills and secure energy supplies".
National Health Service (NHS)
The Prime Minister said she would ensure people can get doctor appointments and access the NHS services they need. "We will put our health service on a strong footing," she said.
http://www.panorama.com.al/fjalimi-i-pare-si-kryeministre-nga-energjia-tek-shendetesia-liz-truss-renditi-tre-prioritete-e-qeverise-ja-plani-per-te-rritur-ekonomine/
Albania: Investment Opportunities and Challenges in the Energy Market
KALO & ASSOCIATES 02 SEPTEMBER 2022 HITS: 1013
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73 NEW ARTICLES
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Albania: Investment Opportunities and Challenges in the Energy Market
KALO & ASSOCIATES 02 SEPTEMBER 2022 HITS: 1013
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Albania: Investment Opportunities and Challenges in the Energy Market
ALBANIANEXT ARTICLESchoenherr Advises Kontron on Sale of Divisions Within IT Services Business for EUR 400 Million
TOOLS
The Albanian energy market is experiencing several developments reflective of regional and global events. Local and foreign investors’ interest in renewable energy projects is surging. However, some questions remain open as to whether the government will be able to fully satisfy their expectations.
I cant copy&paste from my mobile.
Entire article.
https://ceelegalmatters.com/albania/20884-albania-investment-opportunities-and-challenges-in-the-energy-market
HPPs of the oligarchs, the permits granted by Balluku damage 23 BILLION LEK to the State Budget
Written by: A John | Published on: 05.09.2022, 08:34
23 BILLION LEK is the damage that the Supreme State Control has found in the construction of HPPs and mines in Albania thanks to the permits granted by MIE and Belinda Balluku in the years 2019-2021.
MIE did not act despite being notified by the National Agency of Natural Resources that it discovered violations even before the audit, for each concession contract.
15 million Lek damage was added to the amount of damage from the change in the amount of electricity produced due to the lack of budget benefit.
The non-execution of penalties by MIE, apart from the damage it has brought to the State Budget, does not encourage concessionaires to activate resources.
https://joq-albania.com/artikull/1059253.html
I will expose two or three concepts
- Why a billionaire spends money through all those LTDAs.
- its Only for 250M project in an insignificant country?
- the projection numbers comes because Falaknaz has approved a 3B dollars credit and I think he has renewed it.
And I have many more signals that tell me he is still moving forward when he has severals opportunities for leave the bussines and sell PSPW.
GLTY.
Agree. Im hopping greater than $100 Joe. And it will...
SIGNATURE CORPORATE ADVISORS
One of the Shala's energy LTDAs
Extracted from:
There are currently 5 people with significant control at SHALA ENERGY PUBLIC LIMITED COMPANY. One of of major shareholders of SHALA ENERGY PUBLIC LIMITED COMPANY is EUROPA INTERNATIONAL LIMITED, which owns 100000 ORDINARY shares, with a total value of 0 EUR and VIRTUAL REPUBLIC LTD, which owns 1107716 ORDINARY shares, with a total value of 0 EUR and 3 POWER ENERGY GROUP INC, which owns 9488284 ORDINARY shares, with a total value of 0 EUR and SIGNATURE CORPORATE ADVISORS LTD, which owns 302000 ORDINARY shares, with a total value of 0 EUR and SANMAW COMMODITIES LTD, which owns 302000 ORDINARY shares, with a total value of 0 EUR.
Switzerland is working on 15 large hydropower projects
September 3, 2022
"It doesn't take 15 years to build a dam"
Federal Councilor Simonetta Sommaruga returns to the topic of energy shortages
VOAL- The war in Ukraine shows how vulnerable Switzerland is when it depends heavily on imports from abroad. In an interview given to "Schweiz am Wochenende", Federal Councilor Simonetta Sommaruga returns to the issue of the lack of energy, stating that she wants to proceed more quickly with the development of renewable sources.
"It doesn't take 15 years to build a dam," said the head of the Federal Department of Environment, Transport, Energy and Communications (DETEC). In the hydropower sector, there are 15 big projects that need to move forward faster, he added.
Regarding environmental protection, Sommaruga noted that it wasn't just environmental groups that tried to block many large-scale projects: so did those who want to keep the oil and gas business tight at all costs.
Switzerland will be able to count on the reserve power plant
Solar energy is less controversial, she continued. Meanwhile, the federal advisor emphasized that every year there are new construction records in this area. "We have made available the land along the highways free of charge," she then emphasized, noting how the bureaucracy has been reduced.
Days after the Federal Council called on the population to save electricity, Sommaruga said it was too early to know if the campaign had already taken effect. According to the minister, the suggested measures can still be implemented quickly and easily.rsi-eb
You are right. Its only a game... or not? Yeah. LOL
But I dont think too many more pieces in this puzzle... GLTY
Its inminent the Falaknaz's final act. Within next weeks. IMHO.
We are mentioned in page 5 as
"Examples of planned plants over 10 MW across the region include the following:"
July 1th, 2022
Skavica and our project are the only ones listed in Albania
https://www.google.com/url?sa=t&source=web&rct=j&url=https://balkanrivers.net/uploads/files/3/Why_hydropower_in_southeast_Europe_is_a_risky_investment.pdf&ved=2ahUKEwicyP_WzPL5AhWcSLgEHcp7A6YQFnoECAwQAQ&usg=AOvVaw1gnMVbnPd8B-MjFjfh_H-i
Another dark period in Falaknaz's lands. LOL
Its very difficult to find something relationed directly to our investments but Im keep digging. I hope to bring good news soon. And I think it will be in that way.
Gordani: 100% energy is being produced in Albania, but the situation is getting worse
REVIEWS
From:Euronews Albania
08-30-2022 07:23
The expert Lerenc Gordani, while talking about the energy crisis in our country, said that currently 100% of energy is produced in Albania, this is to avoid buying it in international markets, given that the prices are very high.
In an interview for Euronews Albania, Gordani said that despite the production of energy in our country, we will have to buy energy again.
"We are producing 100% of the energy in our country, to avoid international market prices. It will become inevitable for us to buy energy", he said.
According to him, if autumn will be accompanied by rain, it will be a favor for our country, since it will not be necessary to cut the power.
"The power cut in the fall is the last path that will be followed. We can also have a positive scenario and autumn will be accompanied by rain and we may not need power outages", said Gordani.
The expert said that the prices on the stock exchange are very high and that the global crisis is escalating. Gordani said that if the situation worsens in the following weeks, our country will turn to the international market.
"It is about a global crisis that is escalating and energy prices are increasing. The extraordinary change comes as a result of achieving unimaginable records. Today at 8 in the evening, the price of energy will be traded at 1,000 euros per MGV/hour. This is also the most difficult period of the year. Imported quantities must be imported at economic prices. With the market model we have, we do not conclude contracts
with annual or monthly advance time, we conclude them within a week, hoping that the prices will decrease, but the prices on the stock exchange are growing rapidly. If we continue with these projections, the next two weeks will continue with higher prices and then we will have to buy the energy.
https://euronews.al/vendi/aktualitet/2022/08/30/gordani-ne-shqiperi-po-prodhohet-100-energji-por-situata-po-perkeqesohet/
UK-Welsh Affairs Committee
CTRL+F "Declan Burke"
https://committees.parliament.uk/oralevidence/2792/html/
Declan Burke
Low Carbon Contracts Company & Electricity Settlements Company
Non-Executive Director
Declan Burke is a non-executive director of LCCC and ESC. He is also Director, Nuclear Projects & Development at BEIS, where he has held senior positions for a number of years. Declan has considerable experience in the electricity industry, with his work including energy strategy and clean electricity deployment (e.g. renewables and Carbon Capture Usage and Storage (CCUS)), Electricity Market Reform and civil nuclear projects. Declan has also worked for UK Government Investments, who are responsible for managing HMG’s interest in publicly owned companies. Prior to joining the civil service, Declan was a Vice President in the Mergers & Acquisitions team at Deutsche Bank.
https://www.lowcarboncontracts.uk/board
Low Carbon Contracts Company & Electricity Settlements Company
The Low Carbon Contracts Company and the Electricity Settlements Company are both private limited companies owned by the Secretary of State for Business, Energy and Industrial Strategy (BEIS) and established to play key roles in the delivery of Electricity Market Reform (EMR), the biggest change to the electricity market since privatisation
https://www.lowcarboncontracts.uk/
CTRL+F "Declan Burke" and "DB" too
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1080432/beis-nuclear-ngo-forum-minutes-14-march-2022.pdf&ved=2ahUKEwiNgej7se35AhXcupUCHUAuBoA4HhAWegQIEBAB&usg=AOvVaw28YLJz8TAoWLjeNIlpp7WS
Hydropower Plants by Declan Burke
https://prezi.com/p/vrra9myqvk_z/hydropower/
Keynote speech by President von der Leyen at the Bled Strategic Forum
Speech29 August 2022
https://ec.europa.eu/commission/presscorner/detail/en/SPEECH_22_5225
The policy launched by the "Berisha" government, the energy produced by private HPPs exceeds the energy produced by public HPPs
August 28, 2022
This is a historic achievement for Albania!
The energy produced by private HPPs exceeds the energy produced by public HPPs.
In the first 6 months of 2022, private HPPs produced 54% of all energy produced in the country!
Dear friends, the first six months of 2022 mark a historic development in energy, for the economy and security of Albania. For the first time this 6 months from the private HPPs of the Devolli Cascade, the Fan Cascade, the Ashta hydropower plant and about 50 HPPs of the Lume river cascade, Drini branches, and other water sources from Martaneshi, Lura , Librazhdi, Kelmendi and Sasaj produced 54% of the energy produced in the country, significantly exceeding the production of electricity from public HPPs.
With the energy that they sell to OSSHE at 7.2 eurocents kwh, a price at least 5-7 times lower than the price of energy in the stock market, they saved the state at least 200 million euros in 6 months.
Dear friends, this success story and historical turning point began in 2007, about 30 years after the construction of the last hydroelectric plant in the country. Albania, a country rich in water, used until 2007 only 1/3 of its water potential for the production of electricity.
This success story started with the implementation of the strategy "Albania, a small regional superpower for renewable energy"! In a period of 6 years, 2007-2013, contracts were signed for the concession construction with transparent procedures of 423 large, medium and small HPPs.
But this strategy was absurdly opposed by the opposition of that time.
Edi Rama, after inaugurating the works in the Devolli cascade (photo below) with the company Shtatkraft of Norway, which is a world leader in the construction of hydropower plants, would declare in Gramsh that this is Berisha's next fraud.
Even Edi Rama, not only then but also in the first years after he came to power, he declared the war of Don Quixote with windmills against HPPs, changed the contracts, canceled the licenses to fine. He later not only licensed over 400 small HPPs without any criteria, but now he has decided to build Skavica, the variant in which 6000 hectares of land and 37 villages are flooded, de facto the lower Dibra disappears almost completely.
I would like to add here that in all the contracts for the construction of 432 HPPs signed in the years 2007-2013, a total of dozens of houses were displaced and no whole villages were flooded anywhere.
Below you have an analysis of the Monitor Magazine on the above issue. sb
- Energy, private companies exceed KESH, produced 54% of the net total
Priority energy producers (HECs with a capacity of up to 15MW) as well as independent private producers provided 54 percent of the country's net energy in the first 6 months of this year.
Official data for the first half of this year show that the net domestic energy production was over 3.66 million MWh by the end of June, of which KESH produced only 1.7 million MWh. The rest belongs to independent producers such as Devoll Hydropower with its two HPPs, Kurumit, Ayen Enerji and the smallest of these HPPs, Qani.
Meanwhile, the rest of private production is occupied by HPPs, which, according to the contract, sell the energy to distribution. Net domestic production this year is 40 percent less than a year ago, thus reflecting the poor water year the country is in.
Consumption, on the other hand, recorded a level of 4.25 million MWh, which indicates that total production could only cover 80 percent of consumption. The latter has undergone a slight increase compared to a year ago, which is almost insensitive in terms of numbers.
In the liberalized market, KESH, which is charged with providing the necessary energy for the Free Market Supplier (part of OSHEE Group), has received about 18 percent of the energy needed for consumption.
During this year, energy prices on the stock exchanges have reached frightening levels, where at peak hours, one MWh of energy has been traded up to 700-750 euros, while the prices on the Hungarian Stock Exchange, which our country has a reference to during the months of July and August, have mainly fluctuated between 350 -500 euros/MWh.
The public company had to spend hundreds of millions of euros to ensure the necessary energy for consumption, while by the end of this year the bill is expected to increase even further, increasing the pressure on the company's finances and the need for the government to continue support.
The latter stated a few months ago that it would see the option of increasing the price for those who consume above a certain band that was initially said to be 700 kwh and then 800 kwh. This initiative is related to an attempt to discourage consumption, but so far no concrete decision has been made.
https://www.standard.al/2022/08/28/politika-e-nisur-nga-qeveria-berisha-energjia-e-prodhuar-nga-hec-et-private-tejkalon-energjine-e-prodhuar-nga-hec-et-publike/
Free trade negotiations between UK, UAE nearing agreement, says British MP
January 13, 2022 21:50
LONDON: Negotiations between the UK and the UAE to sign a free trade agreement are advanced and should reach a conclusion in a “relatively short time,” British MP Liam Fox has said.
Speaking to Emirates News Agency, the former British Secretary of State for International Trade said negotiations between the two countries are “quite far advanced” and that an agreement is “within relative touching distance.”
He continued: “The UAE is one of the biggest trading partners already with the UK. But if we can look at ways of reducing any barriers to trade, whether that’s in goods or services, that of course is another step toward the liberalization and the opening of global trade that we all want to see.”
However, he said that putting a timeframe on when the overall agreement could be reached is almost “impossible to say,” as it has a parliamentary process to go through as well.
“Getting an agreement between the governments is only a part of it. Britain (has not passed) its own legislation on trade for a very long time, since before we joined the European Union, so we are kind of feeling our own way through these parliamentary processes,” he added.
“What’s key to that is there is a willingness on both sides to do it, and that very often is the most important determinant of the timescale,” the MP said.
The UAE is the UK’s largest trading partner in the Gulf and its 25th largest trading partner globally, with total trade in goods and services of £10.7 billion ($14.7 billion) in the year ending March 2021, the Department for International Trade has said.
“Britain’s trade with Europe went back to pre-Brexit levels about May or June 2021, but trade with the rest of the world remains disrupted because the global supply chains are disrupted. I think it would be sometime in 2022 before we can assess what global trade looks like,” Fox said.
He called on big economies to open up to ensure “that developing countries and smaller economies are able to trade freely with the world’s biggest markets.”
https://www.arabnews.com/node/2004011/business-economy
And this
www.proactiveinvestors.co.uk/companies/amp/news/961305
Burke, Heinl and Falaknaz make up a Bermuda triangle where trillions of dollars are hidden ready to refloat.
Twitter account of China Embassy in Tirana.
@ChinaembassyT
Yesterday the ambassador amd the finance ministry had a meeting. Read the lasts twits.