TIRANA, November 10 – Deputy Prime Minister and Minister of Infrastructure and Energy Belinda Balluku presented the new “OSHEE Charge” project. She said the energy sector ranks among the best-performing sectors in the latest European Union report.

Prime Minister Edi Rama and the administrator of the Electricity Distribution Group Enea Karakaçi attended the presentation.

Balluku highlighted that the European Union report evaluated over forty measures and awarded the energy sector a “good progress” rating for the second consecutive year. The report credited alignment with European Union legislation, market liberalization, and functional separation of operators.

She said the national electricity company now manages administrative functions while other companies, including a renewable energy operator, are strengthening. Balluku underlined regional integration through the energy exchange and cooperation with the common market in the Western Balkans.

She emphasized renewable energy development through transparent auctions and increased private sector participation. The report also noted progress in energy efficiency, national energy and climate planning, and supply diversification, which improved energy security.

Balluku said the government will prioritize finalizing the national energy and climate plan, completing market liberalization, integrating the market with neighboring countries, and preparing a green transition in line with European Union de-carbonization and sustainability objectives.

She added that the energy sector contributes significantly to foreign investments in Albania. A mid-2025 report by the Bank of Albania showed foreign investments of sixteen billion euros, with energy as the leading contributor. The mining sector ranks second.

Balluku noted that foreign investments in energy rose by fifty-two percent over the past five years, totaling about 3,72 billion Euros, while mining investments increased to 2,60 billion Euros, up 162 percent.

She concluded that innovation will guide the fourth government mandate, aiming to expand services and products across all sectors.

/a.p./