Albania aims to become a net energy exporter by 2030, Prime Minister Edi Rama and Energy Minister Belinda Balluku said Monday, citing sector reforms, infrastructure upgrades, and rising investment.
Speaking from Fier, Balluku said Albania has stabilized its energy system through improved regulation, increased domestic generation, and diversification into solar. She said losses in the energy grid dropped from 45% in 2013, when the sector was “in collapse,” to sustainable levels today.
Balluku highlighted government investments in hydropower rehabilitation and the launch of photovoltaic parks since 2019. The country’s geographical position, she said, offers regional energy transmission potential.
On mining, Balluku said Albania is drafting a new legal framework to unify mineral licenses, reduce fragmentation, and attract investment. The country holds significant underground reserves, including chromium.
The new mining law will align with EU standards and prioritize environmental safeguards, Balluku added.
Balluku criticized past privatizations in the energy sector, including hydropower plants and the distribution operator, saying they weakened the system. She said recent reforms strengthened public operators like KESH and created better conditions for digitalization and investor interest.
Albania’s energy strategy supports its broader goal of EU integration and positions the country as a regional energy hub, she added.
