Albania Renewable Energy Programme: Offshore Wind Development

Overview
Project Summary Document

TCRS 21733

Status Approved

Location

Albania

Business Sector

Energy

Notice Type

Public

PSD Disclosed

12 Jun 2025

Project Description

The Albanian power system is dominated by hydropower plants, representing 95% of the country's installed capacity with a total of 2,096 MW installed, hence making Albania the country with the highest share of renewable energy generation in South-East Europe. The installed hydropower capacity comprises mainly large hydropower installations (i.e., above 10 MW In size) amounting to 1,904 MW, while small hydropower installations amount to 192 MW.

TCRS 21733

Status Approved

Location

Albania

Business Sector

Energy

Notice Type

Public

PSD Disclosed

12 Jun 2025

Project Description

The dependency on hydrology is deemed to become more critical due to climate change, with increasingly hot and dry summer seasons when the precipitation is at its lowest amount and the demand for electricity is at its highest. Typically in July and August, Albania records the highest levels of imports given there is not enough rainfall to produce electricity from hydropower plants.

As a result, the country aims to diversify generation sources with solar and wind being the two most priority sources to be developed in short term as part of a broader transition towards a sustainable and decarbonized energy system. Diversification of production through offshore wind plants, as a technology, has advantages such as more stable and predictable energy production, greater scalability and grid impact potential and strong seasonal and daily complementarity, especially valuable in hydropower-dominated systems. Exploring this technology brings about a relevant and coherent development of energy production in the country.

The general objective of EBRD’s support is to assist Albania in their efforts to develop offshore wind in the country.

Any competitive selections for business opportunities relating to this project will be published on the EBRD's website: Consultancy Procurement Opportunities.

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

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Independent Project Accountability Mechanism (IPAM)

If efforts to address environmental, social or public disclosure concerns with the Client or the Bank are unsuccessful (e.g. through the Client’s Project-level grievance mechanism or through direct engagement with Bank management), individuals and organisations may seek to address their concerns through the EBRD’s Independent Project Accountability Mechanism (IPAM).

IPAM independently reviews Project issues that are believed to have caused (or to be likely to cause) harm. The purpose of the Mechanism is: to support dialogue between Project stakeholders to resolve environmental, social and public disclosure issues; to determine whether the Bank has complied with its Environmental and Social Policy or Project-specific provisions of its Access to Information Policy; and where applicable, to address any existing non-compliance with these policies, while preventing future non-compliance by the Bank.

Please visit the Independent Project Accountability Mechanism webpage to find out more about IPAM and its mandate; how to submit a Request for review; or contact IPAM via email ipam@ebrd.com to get guidance and more information on IPAM and how to submit a request.

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Albania Renewable Energy Programme: Offshore Wind Development

Project Description

Project Description

General enquiries

Access to Information Policy (AIP)

Independent Project Accountability Mechanism (IPAM)