GSE and AEE sign MoC on energy sector during Energy Roundtable Meeting II

Tirana Times
By Tirana Times February 12, 2020 11:43

GSE and AEE sign MoC on energy sector during Energy Roundtable Meeting II

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  • “This Memorandum of Cooperation will serve as a great assistance to the Agency in the framework of its strengthening to reach the EU standards through capacity-building and sharing of better practices,” the Director of AEE, Gjergj Simaku, said during the meeting.

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TIRANA, Feb. 12 – On Wednesday, the Italian Embassy in Tirana, the Italian Trade Agency, the Italian Chamber of Commerce in Albania and Confindustria Albania, held the Second Energy Roundtable Meeting, in line with last year’s initiative. Participants included Italian and Albanian officials as well as representatives from the Italian Regulatory Authority of Network and Environment Energy (ARERA), the Energy Services Administrator (GSE), the Agency for Energy Efficiency (AEE), Administrator of Electrical Markets (GME) and TERNA. During the meeting, a Memorandum of Cooperation was signed by the GSE and AEE, based on which both agencies will collaborate in several aspects. These include joint activities focused on capacity-building, workshops, trainings, ad-hoc seminars, in addition to improving technical and legal frameworks and implementation of common financial projects at a European and international level on renewable energy and energy efficiency projects.

“This Memorandum of Cooperation will serve as a great assistance to the Agency in the framework of its strengthening to reach the EU standards through capacity-building and sharing of better practices,” the Director of AEE, Gjergj Simaku, said during the meeting.

Other key discussions that took place during the Second Energy Roundtable Meeting, involved the idea to establish greater regional energy integration for a more competitive market, guaranteeing full and active involvement of the private sector in the reform processes of the Albanian energy sector during a transitional phase to renewable energy, protecting the legitimate requirements of already present ventures in the country while providing other analysis and programming tools for Italian ventures that are interested in new investments in Albania. 

The meeting provides a platform for communication and cooperation between institutions of the Italia System in Albania, the authorities and competent Albanian institutions as well as active Italian enterprises in various sectors of energy. Its primary purpose is to introduce the leading companies with the opportunities and challenges that Albania and the Western Balkans region will face  in the near future in regard to legislative reform processes and the transition to renewable energy, by presenting the difficulties and potential problems that new investors as well as consolidated companies may encounter in the country.

The initiative was launched in line with the beginning of the third phase  of the KEP / CEI technical assistance program “Central European Initiative Support for

Strengthening Energy Regulatory Authorities in the Western Balkans ”, a project that has benefited from the economic support of the CEI fund, financed entirely by the Italian government within the European Bank for the Reconstruction and Development (EBRD). The initiative, led by ARERA with the support of TERNA and GME focuses primarily on conveying information on ‘market coupling mechanisms’ to the regulatory authorities of Albania (ERE), Montenegro (RAE), Serbia (AERS) and, during the third phase of the project, also those of North Macedonia and Bulgaria.

The ultimate goal of the project is to make possible the harmonization of rules and the integration of energy markets in order to create a secure, efficient and integrated Regional Electricity Market with the European common market, starting with the implementation of the new regulatory framework for European electricity and gas markets envisaged by the Third Package.

 

Tirana Times
By Tirana Times February 12, 2020 11:43