Albania Industrial Park Energy Storage Policy

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.

What can Albania do with a sustainable industrial zone management agreement?

Through this agreement, Albania will enhance its policy and regulatory frameworks, improve capacities for sustainable industrial zone management, and foster a new generation of low-carbon, resource-efficient industrial development.

What is the situation in the development of the energy sector in Albania?

The situation in the development of the energy sector in Albania 2.1. Electricity production for 2023 8,796 GWh of electricity, almost 11% more than the energy consumption. increase in production by 25.6% compared to 2022, where it was 7,003 GWh.

What are the key pillars of the Albanian energy policy?

Key pillars of the Albanian’s energy policy. –Government Medium Term/long term Plan for the supply with electricity and gas. -Increasing Security of the energy supply . -Functioning as a regional energy center, that contributes on the development of a safe and the guaranteed energy network in South-East Europe.

Why is the EU funding eco-industrial parks in Albania?

“The signing of the cooperation agreement for the development of Eco-Industrial Parks in Albania takes place symbolically on the very day Albania opens Cluster 3 of its EU accession negotiations, focused on competitiveness and inclusive growth. The EU is funding this project to support Albania's industrial decarbonisation.

Does Albania need a diversified energy production mix?

The government of Albania seems to have already acknowledged the need for a diversified energy production mix. The Minister of Energy and Infrastructure, Belinda Balluku, has repeatedly highlighted that one of the key pillars of focus is the national strategy on energy diversification.