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Albania's state-owned electricity producer, KESH, generated €33.1 million from electricity exports during the first four months of 2026, benefiting from favorable hydrological conditions that significantly boosted domestic power production.
According to company data, KESH sold 456,945 MWh of electricity between January and April 2026. The total value of these exports reached €27.65 million excluding VAT and €33.15 million including VAT.
February Leads Export Performance
February was the strongest month for electricity exports, accounting for nearly half of the total exported volume during the period.
KESH sold 223,894 MWh of electricity in February, generating €13.52 million in revenue including VAT.
January also recorded strong performance, with exports reaching 140,587 MWh and revenues totaling €12.16 million including VAT.
Meanwhile, export revenues amounted to €3.74 million in March and €3.73 million in April.
The average export price during the four-month period stood at €60.51 per MWh. The highest average price was recorded in April at €77.43 per MWh, while the lowest was registered in March at €59.74 per MWh.
Strong Water Inflows Boost Hydropower Generation
The increase in electricity exports was largely driven by favorable water inflows into the Drin River cascade, which remains Albania's primary source of electricity generation.
While abundant rainfall created challenges for other sectors, including agriculture due to flooding and weather-related damages, it significantly improved hydropower production and allowed the country to export surplus electricity.
Limited Need for Energy Imports
The strong domestic production also reduced Albania's need to purchase electricity from international markets.
Official data show that KESH imported only 28,800 MWh of electricity in January, with a cost of €3.52 million excluding VAT, or €4.22 million including VAT.
No completed purchases for public service obligations were reported for February, March, or April, as trading procedures had not been finalized at the time of reporting.
Private Producers Now Generate More Than Half of Albania's Electricity
Data from Albania's energy balance indicate that total net domestic electricity production reached 4,404,981 MWh during the January-April period.
Of this amount, KESH produced 2,025,837 MWh, representing approximately 46% of total domestic generation.
Private producers and concessionaires, including photovoltaic power plants, generated 2,379,144 MWh, accounting for around 54% of total production.
The figures highlight the growing role of private investments in Albania's energy sector, although the country's electricity system remains heavily dependent on hydropower generation.
Positive Start Compared with Last Year
For KESH, the beginning of 2026 has been considerably stronger than the same period last year.
Higher domestic production reduced the need for costly electricity imports while simultaneously increasing revenues from energy trading and exports.
The combination of strong hydrological conditions, increased production, and favorable market opportunities has enabled the state-owned company to strengthen its financial position during the first months of the year.
As Albania continues expanding renewable energy capacity, including solar projects, the balance between public and private electricity producers is expected to play an increasingly important role in the country's energy security and export potential.