STRATEGIC MANAGEMENT OF ENERGY INFRASTRUCTURE DEVELOPMENT IN ALBANIA

Fioralba Vela () and Pranvera Resulaj ()

Annals - Economy Series, 2012, vol. 4II, 73-76

Abstract: In this paper the focus will be on the Albanian government efforts on developing energy infrastructure, focused on electricity . One of the primary factors that need to be considered in strategic management related to energy infrastructure is the policy. In reality, the government has to consider many factors when making policy decisions, especially those related to public infrastructure investment, such as: the establishment of a modern, efficient electricity sector that operates according to sound economic, commercial, and market principles, creating conditions that will attract private investment to fund necessary rehabilitation, expansion, and improvements to electricity facilities and the participation of strategic investors in the operation of the energy sector, and the development of the Albanian electricity market in a manner that is consistent with the European Union’s requirements for liberalizing the electricity sector (Directive 96/92/EC) and Albania’s commitments under the Thessaloniki Agreement12 regarding the development of a regional electricity market. A strong need to build energy infrastructure can put pressure on policymakers to invest in infrastructure; hence to determine the need for new infrastructure or its rehabilitation, it is important to examine the condition of existing energy infrastructure, part of which is the electricity sector.

Keywords: Energy Infrastructure; development; policy; Albania (search for similar items in EconPapers)
Date: 2012
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