Albania can build energy storage power stations privately

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.

How does Albania currently generate electricity?

Albania currently generates almost 100% of its electricity from hydropower plants. This energy cannot be stored, so it is sold to other countries during the spring and summer when production is higher. But then, come winter, Albania has to purchase electricity from neighboring countries to meet demand.

How many power stations are there in Albania?

This article lists the main power stations in Albania. There were 144 active power stations operating in the country in 2016. The table below lists only stations that have at least 10 MW of power capacity. As of 2022, there were 16 solar projects totaling 570 MW planned in Albania. ^ Spasić, Vladimir (2022-01-17).

Will Excelerate Energy Supply a floating power plant to Albania?

U.S. liquefied natural gas company Excelerate Energy Inc.will supply floating power plants to Albania, hoping that the deal will get the company access to Europe’s natural gas market. Excelerate will provide power barges that will generate electricity and buoy the grid in the southeastern European nation.