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

Characteristics and Perspectives of Energy Market in the Western Balkans, by Lorenc Gordani | Thursday, August 13, 2015

AEI Updates August 2015Posted by Adv. Lorenc Gordani, PhD Thu, August 13, 2015 18:24:32

The economic and energy landscapes in the WBs, part of the 8th regional area in process of integration, are diverse, but at the same time have many features in common. Then a short analysis of the strong and weak points, as well as the opportunities and threats of the region, as a whole, leads to some interesting common features, as presented below.

The final energy consumption per capita quantifies, that amount of energy consumed per inhabitant, comparing to the average EU final energy consumption is still lower from 4 to 6 times. This is consider a clear indicator of lower economic development in the Energy Community region.

Final Energy Consumption in 2012 (in toe/capita)

The energy intensity, that display the gross inland consumption used to produce one unit of GDP (energy/GDP in toe per million EUR), in 2012, was five times higher than the average energy intensity in the EU. Whilst it can vary widely among countries, it strongly correlates with the level of industrialization and the economy’s mix of services and manufacturing. Undoubtedly, it indicate also the attention which a country pays to energy efficiency, together with the policies in place, plays an essential role.

Energy Intensity of the Economy in 2012

However the old, inadequately maintained energy industry is one of the reasons for the high energy intensity in the Energy Community region, at the same time, the still widely spread practice of price regulation keeps the region’s energy prices at an artificially low level. With the low price level, there is little impetus to increase energy efficiency or competitiveness.

Prices of Electricity Charged to Industrial End-Users (consumption band IC) in EUR cent/kWh, Jul-Dec 2013

Then the benchmark of the respective prices for electricity industrial end-users among the Contracting Parties are rather limited. When compared with the EU average, the Energy Community electricity prices for industrial end-users were roughly 40% lower. However, in terms of energy costs, this implies a business environment with a similar level of competitiveness.



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