Scorching heat forces Albania to import 80 percent of energy, by Xinhua, 09 August 2017

Scorching heat forces Albania to import 80 percent of energy, by Xinhua, 09 August 2017

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Scorching heat forces Albania to import 80 percent of energy, Xinhua, 09 August 2017 TIRANA, Aug. 8 (Xinhua) - The high temperatures and prolonged draught in Albania has forced the Albanian energy corporation (KESH), the country's main electricity producer, to import around 80 percent of energy consumed in the country, sources from KESH said Tuesday. According to the company, energy consumption has seen high growth in the last weeks, mainly for air conditioning to cope with the heatwave that has gripped the country. The scorching heat has also lowered the water level in Albania's main cascade of Fierza in north of Albania as well as that in Drin river. Considering that Albania is highly dependent on energy produced by hydroelectricity, the Albanian energy corporation and other energy operators here have…
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TAP Progress is Music to Albanian Ears, Published by Krauthamer / Tol, on 17 August 2017

TAP Progress is Music to Albanian Ears, Published by Krauthamer / Tol, on 17 August 2017

Informacion
TAP Progress is Music to Albanian Ears, Published by Krauthamer / Tol, on 17 August 2017 Much-needed investment is flowing into the Balkans but the pipeline still requires additional financing.  The Albanian leg of the Trans-Adriatic Pipeline, the Balkan country’s biggest foreign investment project, is on schedule, TAP said Tuesday. Half of the onshore section is finished and construction of the offshore section is on track to start next year. The first deliveries of gas from Azerbaijan are expected in 2020, Xinhua reports. The consortium of energy majors building the pipeline plans to invest 400 million euros ($470 million) in Albania this year and a similar amount in 2018, local media cited TAP’s country manager as saying Monday, according to SEE News. In all the project is projected to pump 1.5 billion…
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