Albanian power producer KESH adopts climate risk management plan

Albanian power producer KESH adopts climate risk management plan
By bne IntelliNews December 20, 2018

Albania’s state-owned power producer KESH has adopted a climate risk management plan, a strategic approach to address the challenges posed by rising temperatures and increasing hydrological variability, the European Bank for Reconstruction and Development (EBRD) said on December 20.

With the plan, KESH will become one of the first hydropower operators in Europe to address the risks of climate change and climate variability through a strategic approach.

The plan is part of the terms of a €218mn loan from the EBRD to KESH to support the company’s restructuring and transformation to a modern electricity generator operating in an electricity market that is being gradually liberalised.

KESH, which operates a 1,350 MW hydropower cascade on the Drin River, is facing challenges due to the impact of climate change and climate variability.

To address these challenges, the climate risk management plan defines a list of structural and non-structural adaptation measures that should be implemented by KESH.

Related Articles

Albanian opposition protesters throw Molotov cocktails at PM's office

Another major anti-government protest by Albanian opposition parties erupted on May 11 in Tirana. The protest became violent as some protesters clashed with the police. The opposition led by ... more

Albanian police kill gunman in shootout after €10mn Tirana airport heist

Albanian police killed one of three gunmen in a shootout after the audacious theft of €10mn from a plane at Tirana international airport on April 9. Armed robberies are not uncommon at Tirana ... more

Albanian opposition protestors try to break police cordon to enter parliament

Opposition protestors in Albania tried unsuccessfully to break a police cordon and to enter the parliament building in the latest protest on March 28 against the government of Socialist Prime ... more

Dismiss