TIRANA, April 27 – In an article published by Reuters, rising global energy prices linked to the Iran conflict have highlighted major differences in Europe’s energy resilience. Albania stands out due to its strong reliance on hydropower.
The Drin River system in northern Albania generates more than 90% of the country’s electricity. Hydroelectric plants built during the communist period support this output. The system has helped stabilise wholesale electricity prices despite volatility in global oil and gas markets, Reuters reported.
The report said countries with high renewable energy shares have faced smaller electricity price increases. Albania was mentioned alongside Spain, where renewable generation also eased price pressure.
In contrast, Italy and Germany recorded stronger increases in wholesale electricity prices. Both countries depend heavily on imported fossil fuels.
Energy analysts told Reuters that national energy mixes now shape economic resilience. They also warned that solar-based systems can face sharp fluctuations during peak demand hours.
In Albania, electricity prices remained relatively stable. Hydropower output and state subsidies supported this stability. However, officials said the country still relies on imports during peak demand periods.
The energy ministry said the situation has increased pressure on public finances. It added that the system remains stable, but underlying risks persist.
Reuters reported that the trend could strengthen support for renewable energy investment across Europe. Countries continue to reassess energy security strategies.
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