Wednesday, 11 January 2023 14:21

Albania aims to become net electricity exporter by 2030, plans solar power auction this year

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Albania aims to become the region's energy leader and net electricity exporter by 2030. The drought and energy crisis of the past year and a half have devastated the state's finances. Albania is almost 100% dependent on hydroelectric power plants as it still has no wind farms. The country is preparing for its first wind auction. Deputy Prime Minister Edi Balluku has announced plans to conduct 200 megawatts (MW) of solar auctions by the end of the year.

In the initial public call, the quota was 100 MW, with the possibility of increasing to 150 MW. A total of 55 projects are awaiting approval from the Ministry of Infrastructure and Energy, Balluku said. In her words, the total capacity is 1.7 GW and the total value is 1.1 billion euros.

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