Italian and Albanian energy market: two countries compared. The new REC model in energy transition.

The transition to renewable energy is mandatory if we want to reduce the effects of climate change in the world. The transition from an energy mix centered on fossil fuels to one with zero carbon emissions is the founding principle of the energy transition. Among the potential emerging markets for renewables in Europe, Albania represents a good choice. Today the Albanian territory depends greatly on hydroelectricity and fossil fuels. The potential of wind and photovoltaic energy should be exploited. In this sense, Italy can contribute to decarbonisation and the growth of renewable energy beyond the Adriatic, offering its expertise in the field of regulation, and this would represent a valid opportunity for Italian energy companies in Albania. Attention is focused on the topic of “energy communities”, discussing their benefits and advantages in the production and consumption system of the Italian energy supply chain. Analysis tools are suggested for Italian companies interested in investing in Albania, starting from the recent submarine power line built by Terna between Italy and Montenegro. The infrastructure represents the first “electric bridge” between Europe and the Balkans, thus creating the first interconnection between the Old Continent and the Balkan area.