invest in albania - energy

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CLO Attorneys&Counselors at Law Legal Solutions www.cenameri.com

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CLOAttorneys&Counselors at LawLegal Solutionswww.cenameri.com

Simple, we give you 10 reasons to do that ! 1. Liberal and reformist investment climate 2. Albanian Investment Development

Agency 3. Competitive labor cost 4. Young and well educated population 5. Competitive taxation and Incentives 6. Optimal geographic location 7. Strong growth potential 8. Free economic zones 9. Free access to large markets 10. Macroeconomic stability

Let’s talk about Let’s talk about “Renewable Energy”“Renewable Energy”

Albania is the most dynamic renewable energy country in Europe.Through strong political commitment and an ambitious national strategy, the Government has placed renewable energy at the top of the country’s development agenda. The long-term vision of the Government is to position Albania as one of the world’s leading renewable energy-driven economies.

Renewable Renewable EnergyEnergyFor investors in the renewable sector, the Government of Albania offers the following benefits:Attractive feed-in tariffs for small hydropower plants (HPP).New laws on electricity market.

Renewable Renewable EnergyEnergyAlbania has huge potential for hydroelectric energy:Total installed capacity of 1,878 MW;Potential installed capacity of 4,500 MW;Average power production of 4.2 TWh;Potential annual power production of 16-18 TWh;Only 35% of hydroelectric energy potential is currently being utilized.

PETROLEUM AND PETROLEUM AND GAS ENERGYGAS ENERGY

Albania has a significant volume of oil reserves, producing more than 1.4 million tons in 2014.The Government has designed a favorable policy to attract foreign investments in the natural resource sector. The Albanian oil, gas and byproducts market is a free, open, and liberalized market and where the Government of Albania plays only a regulatory role.

HYDROPOWERHYDROPOWER

Water resources are amongst the most important natural resources in Albania. Eight large rivers, fed by hundreds of smaller rivers and streams, run through the country from East to West. The average height of the hydrographic territory of Albania is about 700 m above sea level.

SOLAR ENERGYSOLAR ENERGYAlbania is part of the Mediterranean climate zone. This means that it has a hot, dry summer followed by a relatively short and mild winter. For this reason, the country has very favorable conditions for the development of solar energy including:Average daily solar radiation of 4.1kWh/m2.Average sunshine hours per year of 2,400.At present, solar energy is mainly used for heating purposes. Photovoltaic energy has still to be properly explored.

WIND ENERGYWIND ENERGY

Albania has unexploited wind power potential, especially along the Adriatic Coast where many areas with high wind energy potential are situated.Key facts:Average annual wind speed of 6-8 m/sAverage energy density of 250¬600 W/m2Potential for at least 20 oleic electricity centralsThe Government’s target is to generate 5% of total electricity from wind sources, in the next five years.

“Bajram Curri” Blv, “Golden Palma” Blvd, 5th Floor, Tirana, Albania I P/F: +355 44 31 4122 I Email: [email protected] I Internet: www.cenameri.com I Disclaimer I Terms and Conditions