On January 15, 2025, Italy, the United Arab Emirates, and Albania signed an agreement to build a submarine transmission line for renewable energy across the Adriatic Sea. The agreement includes the construction of submarine lines for energy transmission.

Main Objectives of the Agreement

The terms of the agreement aim to promote cross-border cooperation in the field of green energy:

• Development of renewable energy sources in Albania includes the construction of plants for the production of up to 3 GW of electricity using solar and wind.

• Construction of a submarine line: infrastructure for the transportation of green energy produced in Albania to Italy through a submarine cable that connects the port of Vlora on the Albanian coast with the Apulia region in southern Italy.

Project Participants

The project involves key players from three countries:

• Italy: Prime Minister Giorgia Meloni stressed that the agreement will help the country meet its long-term energy needs and commitments to sustainable energy made at the UN climate conferences.

• UAE: Emirati Minister of Industry and Technology, Sultan Al Jaber, noted that the agreement will contribute to achieving the goal of tripling the share of renewable energy, in line with the UAE’s ambition to be carbon neutral by 2050.

• Albania: Prime Minister Edi Rama said the project will strengthen energy cooperation between the countries and attract significant investment to the Albanian economy.

Implementation Timeline

The project is scheduled to finish within three years, with the start of operations in 2028. The implementation of this ambitious plan will allow Albania to supply a stable volume of green energy to Italy. In turn, Rome and Tirana will lower emissions, increase energy security through diversification, and increase green jobs.

Regionally, the project will contribute to the integration of renewable energy sources in the common energy network of Europe and increase energy security in the region.

Regional Energy Sector

This agreement between Italy, the UAE, and Albania opens up new prospects for the development of renewable energy across borders in Europe. Together, European countries have the potential to utilise their geography, with the financial and technical assistance of GCC countries, to maximise their security back at home.

Stay tuned to Daily Euro Times for the latest insights!

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