• BUSINESS

    Wind Energy in Albania, a Factor in the Decarbonization of the Energy Sector in the Region

    Science. Business. Society., Vol. 7 (2022), Issue 2, pg(s) 45-49

    Albania has significant renewable energy resource potential from hydro, wind and solar energy. It is a special case regarding electricity generation because most of (99%) is provided using large and medium hydro power plants. So, energy generation in Albania is free from greenhouse gas emissions. But since hydrological conditions change from year to year, the country has been forced to support the import of electricity from countries in the region and mainly from Kosovo. The use of wind energy in Albania would not only reduce dependence on imports but also would affect the decarbonization of the energy sector in the region, which is supported by fossil resources. This study estimates the amount of CO2 that could be reduced if a renewable energy source, such as wind energy, would replace energy generation from the use of fossil fuels sources. In case when the energy is generated from coal thermal power plants in Kosovo, emitting an average of 1,205 tCO2/MWh, results in reduction of 36,632.5 tCO2 for generating 30.6 GWh electricity yearly and in case when electricity generation is from Vlora gas power plant, emitting an average of 0.341 tCO2/MWh results in reduction of 10,379.3 tCO2 for the same amount of electricity generated in first case.

  • INNOVATION POLICY AND INNOVATION MANAGEMENT

    Economic Comparison of the Two Proposed Wind Farms in Mamaj, Albania

    Innovations, Vol. 10 (2022), Issue 2, pg(s) 71-75

    The study addresses to an economic comparison of two proposed wind farms in the same area in Mamaj, Albania, respectively 10.8 MW and 12.6 MW. The 12.6 MW wind farm proposed is predicted to produce 34 GWh energy, with a capacity factor of 30.8%, while the 10.8 MW wind farm is predicted to produce 30.4 GWh, with a capacity factor of 32%. For the 12.6 MW wind farm since there is a higher installed power, is expected to produce more energy, but referring that they will be built in same area, the wake losses will indicate in overall efficiency of the wind farm. The wake losses calculated for the 10.8 MW wind farm are 0.98%, meantime for the 12.6 MW wind farm wake losses is calculated 2.58%, means that the overall efficiency of the 10.8 MW wind farms is higher. For the economic evaluation RETScreen Expert software is used. With a discount rate of 7%, the benefit-cost ratio is 2.9 and simple payback period 7.6 years for 10.8MW wind farm, and for the 12.6 MW the benefit-cost ratio is calculated 2.6, with a simple payback year of 8 years.

  • BUSINESS & “INDUSTRY 4.0”

    Solar Energy an Instrument for Reducing High Electricity Prices in Industry Sector in Albania

    Industry 4.0, Vol. 7 (2022), Issue 4, pg(s) 142-146

    The research focus addresses to installation of PV modules in industry sector in Albania. Due to energy crises, the prices are going higher and with the new regulations that are defined by Albanian government, businesses that are connected to 20kV, 10kV, 6kV transmission lines must secure the energy supply by their selves in open market, since a part of price was covered by government, now companies are facing higher prices. The new price is expected to increase more than 70%, up to 0.16 €/kWh from 0.092 €/kWh. Also, companies that will be in the open market will face price volatilities, hence with the installation of PV modules, reduction of electricity price is possible, since the LCOE (levelized cost of electricity) for the PV in Albania, including 20% VAT tax, is calculated around 0.035 €/kWh. To calculate the effect in electricity price a simulation using RETScreen Expert is performed. The simulations are made for a company connected to a 20kV electricity transmission line where an on-grid PV system 217.28 kW power installed is integrated on the roof. The PV modules covers 52.4% of the company electricity demand, by generating 286055 kWh electricity yearly from which 68% of electricity generated from PV is consumed by the company and 32% is exported to grid because company works 8 h/day and there is not an electricity storage system installed. With the price increment from 0.092 €/kWh to 0.16 €/kWh, the total earnings from PV installed system will be increased by an average 65.3% and if the electricity price in the open market is doubled the total earnings will be increased by an average 85.3%.

  • SOCIETY & ”INDUSTRY 4.0”

    Energy audit analysis in private residential apartment in Tirana city

    Industry 4.0, Vol. 7 (2022), Issue 2, pg(s) 79-82

    Recently, Albania as a developing country is focusing on the energy efficiency in residential and industry sector. Residential sector has very high contribution energy consumption in Albania due to many construction buildings without energy efficiency standards implementation. Most of the contribute city is Tirana where energy consumption in residential sector is very high in comparison to the other cities in Albania. Our research work will be focused on analysis of the energy audit on a private residence apartment which is located in the area of Tirana. The purpose of this paper is based on the relevant standards and norms to give appropriate recommendations for the implementation of energy efficiency which would increase the energy performance of this building.