Authors: Prof. Msc. El. Eng. Dragan Minovski, Msc. El. Eng. Ardian Bilibashi, Msc. El. Eng. Dragoslav Cicović

Published: 2024

This analysis was carried out within the Project "Energy Mix - Albania, North Macedonia and Serbia - Concept of Balkans Renewable Power Cooperation", implemented by Belgrade Open School and the with support of the Open Society Foundations - Western Balkans.

In this paper, the authors investigate the potential for a joint venture company established among Albania, North Macedonia, and Serbia. The concept involves constructing electricity generation plants, with solar power (SP) in Albania and North Macedonia, and wind power (WP) in Albania and Serbia. The study examines existing regulations and the possibility of joint operations. The paper also considers planned projects financed by each country. At the end of the paper, the authors illustrate the benefits of joint ventures and cooperative operations through a case study.

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