THE FUTURE STRATEGIES OF THE WIND POWER DEVELOPMENT IN ALBANIA: CASE STUDY: “QAFE THANE,” POGRADEC, ALBANIA

The development of the electricity sector in Albania continues to be fenced by high rates inefficiencies, insufficient security supply, low rate RES investment including wind power plants and need further unbundle liberalise energy market following adoption legal basis, GHG credits is inevitable. A lot issues are set face challenges transition, oriented Albanian government’s endeavor maintain a sustainable, secure, flexible time, efficiently supplied, climate-friendly affordable supply system required. most critical aspects attain 2030 goals beyond cannot achieved without promotion carbonless technologies reducing (GHG) emissions. As consequence, huge investments based generation systems related To subjugate barriers clean technology implementation especially at preliminary feasibility stage, latest model, RETScreen Expert 8 added ability rapidly analyze multiple plant options real site condition. This fast feature model enables us assess potential proposed 27 MW farm choosing 16 different turbine types models combined into 14 possible scenarios with aim expand capacity future applied. From simulation executed technical economic optimization achieved. Sector-specific actions explored paper, but higher level specific costs number cross-cutting that should addressed urgency from policy makers country identified. Keywords: Wind Power Plant, HPP, Expert, Net Present Value, Internal Rate Return, Cash Flow JEL Classifications: Q4, Q42, Q47, Q48, Q58 DOI: https://doi.org/10.32479/ijeep.11228