Domestic electricity and energy production meets over 90% of Albania’s needs, largely from hydropower plants. However, the country remains a net importer of electricity. Upgrading generation, transmission and distribution infrastructure could improve stability and allow Albania to export excess electricity.
With abundant solar, wind and geothermal resources, investments into renewable energy production also show strong potential. However, growth has been constrained by aging infrastructure and limited private investments. An optimized sector would power Albania’s growth across industrial sectors while increasing trade revenues. But realizing this requires overcoming existing limitations.
Strategic energy consulting can facilitate optimizing Albania’s energy mix, including through public-private partnerships for renewable projects. Consulting firms can also provide advisory on upgrading transmission and distribution systems, securing funding, and enabling exports. This would help develop a robust and sustainable sector over the long term.