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Wednesday, 06/21/2023 2:06:11 PM

Wednesday, June 21, 2023 2:06:11 PM

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Renewable energy opens the union for Albania and the EU

By Brixhilda Juraj

June 21, 2023 / 15:13

The European Union (EU) has been an important driving force in shaping energy policies across the continent, and Albania is no exception.


As a candidate country for EU membership, Albania has worked to align its energy policies with the EU's energy strategy, which emphasizes the importance of stable and secure energy supplies, competitive markets and energy efficiency.

At least this is what the European energy magazine "Energy Eu" has pointed out.

For him, the approximation process has led to significant changes in Albania's energy market, with wide implications for its economy, environment and energy security.

London-based experts have pointed out that one of the main aspects of the EU's energy strategy is the promotion of renewable energy sources, such as wind, solar and hydropower.

In this regard, Albania has a natural advantage, as it has abundant hydropower resources.

In fact, hydropower plants account for over 95% of the country's electricity production.

However, this heavy dependence on hydropower plants has exposed Albania to risks related to climate change and seasonal fluctuations in water availability.

To mitigate these risks and diversify its energy mix, Albania has actively pursued the development of other renewable energy sources, such as solar and wind.

She lists that another important aspect of the EU's energy strategy is the liberalization and integration of energy markets.

In line with this objective, Albania has worked to reform its energy market, with the aim of creating a more competitive and transparent environment that encourages investment and ensures the efficient allocation of resources.

The main measures in this direction include the separation of the state electricity company, KESH, and the establishment of an independent energy regulator, ERE.

In conclusion, it is said that the impact of European energy policies on Albania's energy market has been deep and multifaceted.

By aligning its energy policies with the EU's energy strategy, Albania has embarked on a path towards a more stable, secure and competitive energy market.

"The development of renewable energy sources, the liberalization of the energy market and the promotion of energy efficiency are all key elements of this transformation."

As Albania continues its journey towards EU membership, it is likely that the impact of European energy policies on its energy market will only increase.

This presents challenges and opportunities for the country as it seeks to balance the need for economic growth and development with the imperative of environmental protection and energy security.

https://albanianpost.com/energjia-e-rinovueshme-hap-bashkimi-per-shqiperine-dhe-be-ne/
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