What type of energy is used in Albania?

Renewable energy here is the sum of hydropower, wind, solar, geothermal, modern biomass and wave and tidal energy. Traditional biomass – the burning of charcoal, crop waste, and other organic matter – is not included. This can be an important energy source in lower-income settings. Albania: How much of the country’s energy comes from nuclear power?

Why should Albania invest in LNG regasification?

LNG (Liquefied Natural Gas) would bring reliable, affordable, and cleaner energy to the region and complement Albania’s hydropower-based electricity production. Excelerate Energy, as the leader in floating LNG regasification solutions, has delivered reliable, clean energy to markets across the globe, developing and operating 13 LNG terminals worldwide.

Is biomass a source of electricity in Albania?

Traditional biomass – the burning of charcoal, crop waste, and other organic matter – is not included. This can be an important source in lower-income settings. Albania: How much of the country’s electricity comes from nuclear power? Nuclear power – alongside renewables – is a low-carbon source of electricity.

Does Albania have a hydro power plant?

Albania’s domestic generation is almost entirely dependent on hydropower since the country’s only thermal power plant is currently inoperable. The total installed generation capacity has increased over the last few years because of new private investments in hydro power plants and more recently in small solar farms.

Does Albania have a power supply security problem?

Albania is a net importer of electricity; power supply security is a challenge. Albania’s domestic generation is almost entirely dependent on hydropower since the country’s only thermal power plant is currently inoperable.

Could a LNG solution improve Albania's energy security and resiliency?

According to Steven Kobos, President and Chief Executive Officer of Excelerate Energy, "an LNG solution would provide reliability to Albania’s power grid while complementing intermittent renewables and alternative resources". Excelerate is confident that this could help improve Albania's energy security and resiliency.