BUSINESS & “INDUSTRY 4.0”
Renewable energy sources (RES) will continue to play a key role in the process of deep decarbonisation of the energy sector especially in the power branch. Effects of environmental, economic, social, political and technical factors condition the rapid deployment of various sources of renewable energy-based power generation. In this case study the optional GHG reduction credit per equivalent tonne of CO2 (tCO2) used in conjunction with the net GHG reduction to calculate the annual GHG reduction revenue of a 27MW wind farm located in Qafë-Thanë, Pogradec-Albania is analysed. As the future availability of renewable energy resources is not affected by their use, wind power can address many questions related to sustainability and flexibility of the existing fuel powered technologies. Hence, cutting carbon dioxide (CO2) emissions in Albania should be fully in line with the Paris Agreement including power sector especially. The proposed action aims at developing a high-level promotion and market penetration strategy for RES, contributing to the mitigation of GHG in EU as well as in the candidate countries including Albania. Furthermore, special support should be given to candidate countries in creating policies and programmes to facilitate and promote RES technologies.