EU & WBs / Albania Energy Investment Updates

EU & WBs / Albania Energy Investment Updates

Presentation of Albanian Centre for Energy Regulation and Conservation - ACERC

ACERC is a think tank centre with focus on the Albania energy market and its integration in the regional IEM. The Acerc mission base on the in-depth knowledge of EU and regional energy law and policy and strives to provide a qualified contribution to the promotion of the liberalization and effective integration as well as efficient use of energy resources.

Acerc
main activities briefly consists in build-up collaborations and supports to market players in study researches such as the certificate reports, articles and periodicals. The transfer of high expertise through building-up institutional capacities by national and regional training courses, seminars and conferences. The institutional representation and integration within framework of the forum of Albanian School of Regulation.

For more visit us at the Official Website of Acerc | Albanian Energy Market - AEM Group in LinkedIn

Italy grants Albania 16.5 mln euros to empower energy system, by Albania Energy Association, TIRANA, July 23

AEI Updates July 2015Posted by Adv. Lorenc Gordani, PhD Fri, July 24, 2015 11:56:48

The Albanian ministry of energy and industry and the Italian government represented by the Italian ambassador to Tirana Massimo Gaiani signed on Thursday a 16.5 million euro (about 18.2 million U.S. dollars) agreement on behalf of a “Memorandum of Cooperation” for the energy sector.

The grant comes as the last part of this memorandum reached between the two governments last year.

The agreement was signed by Albanian minister of energy and industry Damian Gjiknuri and the Italian ambassador to Tirana, Massimo Gaiani while present in the ceremony were also the chairmen of Albanian Transmission System Operator (OST) and Albanian Operator of Electricity Distribution (OSHEE).

This grant will be invested in the transmission and distribution system of the electrical energy while it aims the increase of efficiency in this sector and conclusion within the deadline of the new dispatcher center of OST.

The Albanian minister of energy and industry stressed the importance of the support from the Italian government in the implementation of several projects in the electrical energy sector in the country.

“We will invest in Himara and Saranda cities in the transmission and distribution systems, in order to improve the network in these touristic areas,” the minister was quoted by Albanian daily news as saying.

On his part, Gaiani declared that “With this grant we enclose projects which we started several years ago, at a total worth of 93 million euros.”

This grant will empower the energy potential in Albanian southern areas and will expand the data control system in all substations 110 KV.

“These two projects will make the electrical energy system more reliable and integrated with the European one,” the Italian ambassador said.

He added that this financing represents the completion of the technical aspects for the projects that will be realized by Italian embassy, ministry of energy and industry, OST and OSHEE. (1 euro = 1.10 U.S. dollars)



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