Albania energy report

This analysis includes a comprehensive Albania energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2019 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.

Albania energy report
March 2022
2 files (PDF report, Excel file)
30 (Report only)

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  • Albania is slowly transposing the European acquis, with significant delays in the adoption of new legislation.
  • National power utility KESh dominates power generation, while Bankers Petroleum accounts for most of oil and gas production.
  • The power supply is split between hydropower and imports (62% and 32%, respectively, in 2019).
  • Oil production is limited and decreasing.
  • Electricity prices are around 20% below the EU average, while gasoline and diesel prices are close to EU prices.
  • Energy consumption has increased at a moderate pace since 2010.
  • Oil and hydropower dominate the energy mix.
  • The country continues to develop its hydropower potential and is also accelerating on renewables with PV projects and the launch of the first wind power auction.
  • The country will benefit from the TAP gas pipeline.


of power generation from hydro


renewable target in final energy consumption in 2020


electricity distribution losses


  • Institutions & Energy Policy

    The Ministry of Infrastructures and Energy supervises the energy sector.

    The National Agency of Natural Resources (AKBN) is in charge of implementing the energy policy and regulating the hydrocarbon sector and mining activities.

    An Energy Regulatory Entity (ERE), in charge of regulating the energy market and electricity prices, was set up in 1995.

  • Energy Companies


    Bankers Petroleum accounts for around 90% of gas production (2020).

    Albgaz owns all gas infrastructures (10 km of operational gas pipelines and 500 km of idled ones). The company was spun off from Albpetrol in 2017 to take over Albpetrol's gas activities and was certified as the gas transmission and distribution system operator.

  • Energy Supply


    Oil production has fallen by 27% since 2014, from 1.4 Mt to 1 Mt in 2019, due to low international prices that cut investments in the sector. Most of this production is exported (65% in 2019). Production tripled between 2004 and 2014.

  • Energy Prices


    Gasoline and diesel prices are quite similar and follow global trends in oil prices. They decreased in 2020 after an increasing trend over 2016-2019. Oil prices used to be much lower than in the EU; the gap with the EU average has been reduced since 2000, from 41% in 2000 to 1% for gasoline and from 62% to 7% for diesel in 2019.

  • Energy Consumption

    Consumption per capita is much lower than the EU average, at approximately 0.8 toe (73% below the EU average), including nearly 2 400 kWh of electricity (57% below the EU average) (2019).

    Total energy consumption has been decreasing slightly since 2017 to 2.3 Mtoe in 2019, after rapid growth between 1995 and 2005 (+5%/year) and slower growth until 2017 (+0.7%/year).

  • Issues & Prospects


    According to ERE, electricity consumption is expected to increase by an average of 2.3%/year between 2020 and 2024 (to 8.2 TWh). Meanwhile, power generation should rise by 3.4%/year to 7.1 TWh, enabling a 3.4%/year cut in imports.

Table of Contents


Download the Table of Contents

List of Graphs

Below is a list of the Albania energy market report graphs:

  • GRAPH 1: CO2-energy emissions (MtCO2)
  • GRAPH 2: Installed electric capacity by source (2019, %)
  • GRAPH 3: Gross power production by source (TWh)
  • GRAPH 4: Power generation by source (2019, %)
  • GRAPH 5: Gasoline & diesel prices (€/l)
  • GRAPH 6: Electricity prices for households (€c/kWh)
  • GRAPH 7: Consumption trends by energy source (Mtoe)
  • GRAPH 8: Total consumption market share by energy (2019, %)
  • GRAPH 9: Final consumption market share by sector (2019, %)

List of Tables

In the Albania energy market report you will find the following tables:

  • Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
  • Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
  • Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
  • Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
  • Infrastructure Projects: Covers power plant projects by energy, technology, status and operator.

Data (Excel Sheet)

The Albania energy market data since 1990 and up to 2019 is included in the Excel file accompanying the Albania country report.
It showcases the historical evolution, allowing users to easily work with the data.

Key Data included in the excelsheet:

  • Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
  • Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
  • Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
  • Energy Balance: total and per energy.
  • Albania Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Albania energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).

The Albania country report is complemented with a national power generation dashboard (excel file) from our Power Plant Tracker Service.

Data included in the excelsheet:

  • New capacities: Current power mix, installed capacity at date, capacity under construction and under development.
  • Power Sector Performances: Historical data on installed capacity, power generation, thermal power plants inputs, average thermal power plant efficiency, CO2 emissions of the power sector, carbon factor of the power sector.


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