- Update
-
- Format
- 3 files (PDF report, 2 Excel files)
- Pages
-
56 (Report only)
- Delivery
- Immediate by e-mail
- GENERAL OVERVIEW
- ENERGY AND CLIMATE POLICY FRAMEWORK
- ENERGY COMPANIES
- ENERGY SUPPLY AND DEMAND
- ENERGY USE AND PRICE BY SECTOR
- ISSUES AND PROSPECTS
- STATISTICS
- ABBREVIATIONS
- GLOSSARY
Buy Albania energy report
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After validation, you will immediately receive 3 files by email (one pdf report and 2 excel files containing the datasets).
Overview
Albania is advancing its energy transition by aligning with EU policies, liberalising its electricity market, and expanding renewable capacity. The government targets increased energy efficiency, reduced emissions, and greater regional integration through infrastructure upgrades and cross-border projects.
Get more details on the table of contents and data files, as well as the list of graphs and tables by browsing the tabs below.
Highlights
- Albania is slowly transposing the European acquis and liberalising its electricity market.
- National power utility KESh accounts for over half of power generation.
- Bankers Petroleum accounts for most of oil and gas production.
- The power supply is highly dependent on hydropower, which fluctuates a lot.
- Oil production is limited and decreasing.
- Final energy consumption has averaged 2 Mtoe since 2010.
- Electricity prices are being liberalised, and gasoline and diesel prices are getting closer to EU prices.
- The country continues to develop its hydropower potential and is also accelerating on solar and wind projects.
- Albania aims to boost its gas network with the TAP and IAP pipelines.
Energy & Climate Policy Framework
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 manages the interests of the Albanian state in activities related to hydrocarbons, mining, and energy.
ERE, the Energy Regulatory Entity, is in charge of regulating the energy market and electricity prices.
Energy Companies
Oil:
Bankers Petroleum is the largest crude oil producer, with around 3/4 of the total production in 2024. In 2016, Geo-Jade Petroleum (China) took over the company; at the end of 2024, it had 403 wells producing an average of 8.7 kb/d (435 kt in 2024) of crude oil, including the Patos-Marinza well, which was restarted in 2022.
Energy Supply & Demand
Oil:
Oil production has halved since 2014, from 1.4 Mt to less than 0.6 Mt in 2024, due to low investment in the sector and most of this production is exported. Production had previously tripled between 2004 and 2014.
Energy Use and Price by Sector
Energy Prices in Industry:
Electricity prices are progressively being liberalised, with large consumers having to switch to competitive supply (as of 2020 for 35 kV consumers, 2024 for 20 kV consumers, 2025 for 10 kV consumers, and 2026 for 6 kV consumers).
Issues & Prospects
Gas:
According to Albgaz' 2026-2034 development plan, annual gas consumption should reach 0.95 bcm by 2030 and 1.2 bcm in 2040.
- Graph 1: Primary Consumption Trends by Energy Source
- Graph 2: Total Consumption Market Share by Energy (2024)
- Graph 3: Installed Electric Capacity by Source
- Graph 4: Installed Electric Capacity by Source (2024)
- Graph 5: Gross Power Production by Source & Consumption
- Graph 6: Power Generation by Source (2024)
- Graph 7: Crude Oil Production & Consumption
- Graph 8: Petroleum Products Production & Consumption
- Graph 9: Gas Production & Consumption
- Graph 10: Coal Production & Consumption
- Graph 11: Emissions of GHG and CO2 from Fuel Combustion
- Graph 12: Final Demand Trends by Energy Source
- Graph 13: Final Consumption by Sector
- Graph 14: Final Consumption Market Share by Sector (2024)
- Graph 15: Final Consumption in Industry by Energy Source
- Graph 16: Energy Prices in Industry (Taxes Included)
- Graph 17: Final Consumption in Transport by Energy Source
- Graph 18: Energy Prices in Transport (Taxes Included)
- Graph 19: Final Consumption in Residential, Services, Agriculture by Energy Source
- Graph 20: Energy Prices in Residential (Taxes Included)
- Graph 21: Upcoming New Capacity by Energy Source
- 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.
The Albania energy market data since 1990 and up to
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).