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Albania Overhead Power Transmission Line Industry Analysis
Current Scenario:
Albania's power transmission system comprises a network of overhead electric power transmission lines operated by the Transmission System Operator of Albania (OST). The transmission lines are responsible for the transmission of electrical power from generating plants to substations, where it is then distributed to end-users. Albania's power transmission network currently covers a distance of around 4,500 km, with the majority of the network consisting of overhead transmission lines.
Construction of New Projects:
Albania has been investing heavily in the construction of new overhead transmission lines in recent years to improve the reliability and capacity of its power transmission system. Some of the major projects currently under construction include the 400 kV Kor?a-Tirana transmission line, which is expected to be completed by 2023, and the 110 kV Fier-Vlor? transmission line, which is expected to be completed by 2024.
Major Drivers:
The major drivers of the Overhead Electric Power Transmission Lines industry in Albania include the growing demand for electricity in the country, the need to improve the reliability and efficiency of the power transmission system, and the government's focus on renewable energy. Albania has set a target to generate 38% of its electricity from renewable sources by 2020, which has led to increased investment in renewable energy projects and the construction of new transmission lines to connect these projects to the grid.
Industry Outlook:
The Overhead Electric Power Transmission Lines industry in Albania is expected to continue growing in the coming years, driven by increasing demand for electricity and the government's focus on renewable energy. The government has set a target to generate 38% of the country's electricity from renewable sources by 2020, which is expected to lead to increased investment in renewable energy projects and the construction of new transmission lines. Additionally, the country's strategic location between the Adriatic and Ionian seas makes it a potential hub for the transmission of electricity between Europe and the Balkans, which could lead to further investment in the country's power transmission infrastructure.
In conclusion, the Overhead Electric Power Transmission Lines industry in Albania is expected to experience steady growth in the coming years, driven by increasing demand for electricity and the government's focus on renewable energy. The construction of new transmission lines and the expansion of the existing network are expected to continue to improve the reliability and efficiency of the power transmission system in the country.
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