ALBANIA

EC: Albania Should Remove Obstacles to Energy Market Integration

Date: 04.06.2019 Author: Tanja Srnovršnik
EC: Albania Should Remove Obstacles to Energy Market IntegrationPhoto: Roman Peklaj

Albania has delayed electricity market reforms and should accelerate implementation of the connectivity reform measures, especially by removing legal and contractual obstacles to the integration of

Shell Confirms Significant Oil Potential of Albanian Shpirag Region

Date: 28.05.2019 Author: Peter Palčec
Shell Confirms Significant Oil Potential of Albanian Shpirag RegionPhoto: Tanja S. Volarič

Initial tests on the Shell Upstream Albania (Shell) Shpirag-4 appraisal well near Berat in central Albania have confirmed the flow potential of a significant light oil discovery. “The Shpirag

Initial Capital of the Albanian Power Exchange to Amount to EUR 250m

Date: 27.05.2019 Author: Peter Palčec
Initial Capital of the Albanian Power Exchange to Amount to EUR 250mPhoto: Roman Peklaj

The initial capital for the Albanian power exchange APEX will amount to at least EUR 250 million, in accordance with the Albanian government's decision, which has opened the way for the most important

SEE Region Has RES Potential of 740 GW

Date: 24.05.2019 Author: Peter Palčec
SEE Region Has RES Potential of 740 GWPhoto: 

“The South East European region has a renewable sources (RES) potential of 740 GW. Of this amount, 120 GW is represented by solar potential and 532 GW by wind potential - both of which are largely

Secretariat: Go-Live of Montenegrin PX Expected in Q1 2020

Date: 22.05.2019 Author: Tanja Srnovršnik
Secretariat: Go-Live of Montenegrin PX Expected in Q1 2020Photo: Roman Peklaj

Following the selection of Nord Pool as a strategic partner for the establishment of the Montenegrin day-ahead power market, the Montenegrin power exchange is expected to go-live in the first quarter

Albanian Government Approves Establishment of Power Exchange

Date: 17.05.2019 Author: Tanja Srnovršnik
Albanian Government Approves Establishment of Power ExchangePhoto: Roman Peklaj

The Albanian government approved on 15 May the establishment of the Albanian power exchange APEX, which will operate the day-ahead and intraday trading platforms, said Albania’s Minister of

Most Western Balkan Countries Will Not Reach Their 2020 RES Targets

Date: 16.05.2019 Author: Peter Palčec
Most Western Balkan Countries Will Not Reach Their 2020 RES TargetsPhoto: S. Miles/FreeDigitalPhotos.net

Most of the Energy Community contracting parties in the Western Balkans are below the indicative trajectory for reaching the 2020 renewable energy (RES) targets, shows the annual Implementation Report

SEE CAO Announces Auction for June 2019

Date: 10.05.2019 Author: Peter Palčec
SEE CAO Announces Auction for June 2019Photo: www.pixabay.com

The South East European Coordinated Auction Office (SEE CAO) has announced the monthly auction for the allocation of physical transmission rights (PTR) for June 2019.

Albanian KESH’s Electricity Production Down in the Last Six Months

Date: 10.05.2019 Author: Peter Palčec
Albanian KESH’s Electricity Production Down in the Last Six MonthsPhoto: InnoEnergy

The Albanian power utility KESH has recorded a significant drop in electricity production in the last six months due to unfavourable hydrological conditions, reported Serbia-energy.eu. In the first

EnC: No Functional Regional Power Markets Exist in the Energy Community Yet

Date: 10.05.2019 Author: Peter Palčec
EnC: No Functional Regional Power Markets Exist in the Energy Community YetPhoto: Roman Peklaj

“In mid-2019, not a single functioning regional market is in place in the Energy Community. Electricity markets are still mostly national and wholesale trading is not fully open,” stated the

EBRD Sees Steady Growth in Western Balkans in 2019

Date: 09.05.2019 Author: Peter Palčec
EBRD Sees Steady Growth in Western Balkans in 2019Photo: www.caneurope.org

The European Bank for Reconstruction and Development (EBRD) expects continued steady economic growth in the six Western Balkan countries in 2019, despite a cooling international economic environment

Albania and Shell Sign Revised Hydrocarbon Agreement for Blocks 2 and 3

Date: 07.05.2019 Author: Tanja Srnovršnik
Albania and Shell Sign Revised Hydrocarbon Agreement for Blocks 2 and 3Photo: Tanja S. Volarič

Albania's Ministry of Energy and Infrastructure has signed an amended hydrocarbon exploration agreement with Shell Upstream Albania, a wholly-owned subsidiary of Royal Dutch Shell, for blocks 2 and 3,

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