Albanian Power Exchange - Novelties and Impact

AuthorMelisa Panariti - Gloria Çeno
PositionUniversity of Durres
Vol. 1 No. 2
June, 2017
European Journal of Economics, Law and Social Sciences
IIPCCL Publishing, Graz-Austria
ISSN 2519-1284
Acces online at
Albanian Power Exchange - Novelties and Impact
Melisa Panariti
University of Durres
Gloria Çeno
University of Durres
This article provides an overview related to the establishment of the Albanian Power Exchange,
an innovation brought by the demands of the local energy market and the implementation of
the European Union legislation in Albania. For this purpose, the article analyses the applicable
legal framework and practice.
Keywords: (ECT) Energy Community Treaty, (ERE) Regulator Entity of Energy, (KESH )
Albanian Electro Energetic Corporation, (APEX) Albanian Power Exchange, (EES). .
Regardless of its small size, Albania is a country rich in natural resources including
onshore and o shore oil, natural gas reserves, coal and various metals, especially
chrome reserves for which Albania ranks rst in Europe. Among this resources,
Albania is particularly rich with water resources, the la er being its primary source
of electric energy production.
The geographic position on the coast of the Adriatic and the Ionian Sea, climatic
conditions, rugged, mostly hilly-mountainous relief, large presence of water permeable
cli s and human activity have caused great water resources and their abundance:
seas, lakes, rivers, waterfalls and water springs. Due to its particular morphology,
Albania is very rich in rivers. More than 152 rivers and streams nally form 8 large
rivers owing from southeast to northwest, mainly to the Adriatic coast. About 65%
of their watershed lies within the Albanian territory. These rivers discharge on the
Adriatic Sea an average of 1'308 m3 / s (min 649 and max 2'164 m3 / s); with an average
ow rate is 30.2 l / s. km2. Of the total annual ow of 42.25 billion m3, only 12.8 billion

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