PODGORICA, Nov.2 – Montenegro, Albania, Macedonia and Greece could expect power shortages in the first three months of 2007, warned European experts on energy issues as well as traders of electricity. Italian newspaper Republica reported that when, Bulgaria, the largest electricity exporter in the Balkans, enters the European Union it has to close down its largest electricity producing plant, Kozloduy NPP. On January 1, the two remaining operating units of the plant will be shut down due to full membership in the EU. The first two units have already been closed during the negotiations for membership. The Montenegrin cabinet said that the only hope for avoiding a strict electricity regime is to have a suitable hydrologic situation. With Bulgaria no longer available to provide power for regional needs, the energy stability in the region could be seriously affected.
Energy crisis expected
Change font size:
Recommended Articles
Latest from Business & Economy
How a Sanctioned Russian Oligarch’s Business Interests Reached Albanian Public Contracts
Change font size: - + Reset Millions of euros flowed to companies linked to Strabag while Oleg Deripaska remained a major shareholder, exposing gaps in Albania’s ability to identify who ultimately benefits
5 hours ago
8 mins read
Albania’s Cash Boom Raises Money Laundering Concerns
Change font size: - + Reset Cash outside Albania’s banking system reached a record 5.6 billion euros, last month. Tirana Times, August 30, 2026 – The amount of cash circulating outside Albania’s
3 weeks ago
5 mins read
Vlora Airport Heads to Arbitration
Change font size: - + Reset Albania faces another potentially costly international dispute after losing several arbitration cases in recent years that have exposed the state to hundreds of millions of euros
1 month ago
4 mins read
Concrete, Cocaine and Corruption: Albania’s Fragile Growth Model
Change font size: - + Reset Albania’s Concrete Economy: How Construction Became the Country’s Dominant Growth Model Tirana Times, July 10, 2026 – A booming construction sector has made Albania an outlier
2 months ago
7 mins read
Austria Leads FDI, but Real Estate Tells the Bigger Story
Change font size: - + Reset Bank of Albania data show Austria topping first-quarter foreign investment flows, while property and construction continue to shape Albania’s FDI model. Tirana Times June 25, 2026
3 months ago
4 mins read