Tuesday, March 21, 2023 5:32:55 PM
Today
Considering that the reference point for any investment decision-making concerns the rate of return, the comparative advantages of Albanian hydropower plants (HPP) are indisputable. They are linked to the country's extraordinary natural potential: with eight large rivers that cross a watershed over 57% of the current political extent of the country, with an average height of 700 m above sea level and a perennial flow of 1245 m3/ seconds, for a combined supply of over 40 billion cubic meters.
Based on the latest official data, it can be roughly said that today the total installed capacity has reached 2450 MW; awarded but undeveloped projects in 1435 MW; hydropower potential studied but still unused, at about 615 MW. In this context, the installed capacity of private production plants has reached 1100 MW.
As for here, as it is traditionally understood, the sources of electricity developed in Albania are based on hydroelectric potential. However, today about 46% are still "virgins". Moreover, it is worth noting that the country can offer one of the region's lowest production costs (LCOE) of hydropower plants, starting from an average of 30 Euro/MWh.
All this has led to the hydropower sector materializing for a long time as one of the targeted directions of successful foreign investments, originating from countries in Europe with the oldest tradition of the hydropower industry.
To know more, book your slot at “Energy, Construction & Green Economy Fair 2023” on the premises of the Palace of Congress from 5 to 6 October 2023 and the "Tirana Energy Forum 2023”, organized on 5th of October 2023 (https://lnkd.in/e5UMwFuC) and start planning your meetings with key clients and partners at the "Tirana Energy Forum 2023” (https://lnkd.in/dX78Qjh6), organized on 5th of October 2023, to discuss with over 350 attendees, the main issues of business interest, such as the “boom” in PV projects and energy efficiency in buildings and other developments in the prominent Albanian energy market.
More on the above can be found in the continuous updates through my professional blog in energy law.albaniaenergy.org and icebergexhibitions.com
#tef2023 #lorencgordani #albaniaenergy #energyefficiency #renewable
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