Vlora Floating Thermal Power Plant

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Vlora Floating Thermal Power Plant is an operating power station of at least 110-megawatts (MW) in Vlorë, Albania. It is also known as Tiger 1, Tiger 3.

Location

Table 1: Project-level location details

Plant name Location Coordinates (WGS 84)
Vlora Floating Thermal Power Plant Vlorë, Vlorë, Albania 40.484429, 19.4377332 (approximate)[1][2]
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Project Details

Table 2: Unit-level details

Unit name Status Fuel(s) Capacity (MW) Technology CHP Start year Equipment Emergency/Backup
Tigri 1 Operating[3][4][5][6][7][8][9][10] fossil liquids: heavy fuel oil[11][12][5] 52.2[13][14] internal combustion[8] no[10] 2025[7][8][6] Wärtsilä: 18V32LN[12] no
Tigri 3 Operating[7][6] fossil liquids: heavy fuel oil[11][15] 58[13][14] internal combustion[8] no[10] 2025[15][6] Wärtsilä[12] no

CHP is an abbreviation for Combined Heat and Power. It is a technology that produces electricity and thermal energy at high efficiencies. Coal units track this information in the Captive Use section when known.

Table 3: Unit-level ownership and operator details

Unit name Operator Owner Parent
Tigri 1 Renco[8] Excelerate Energy LP [100%][8] Excelerate Energy Holdings LLC [36.3%]; Excelerate Holdings LLC [35.6%]; Excelerate Energy Inc [28.1%]
Tigri 3 Renco[8] Excelerate Energy LP [100%][8] Excelerate Energy Holdings LLC [36.3%]; Excelerate Holdings LLC [35.6%]; Excelerate Energy Inc [28.1%]

Ownership Tree

This ownership tree is part of the Global Energy Ownership Tracker, a project of Global Energy Monitor.

Background

In 2022 Albania’s power utility KESH leased a mobile oil-fired thermal power plant with an installed capacity of 110 MW from US-Italian consortium Excelerate Energy-Renco. The company intended to secure an additional supply of electricity with prices lower than the one paid for import.[16] In July 2023, it was reported that two power-generating ships "Tiger 1" and "Tiger 3" anchored on the shores of Vlora in September of 2022, still had not been put into operation by KESH. The testing of the plants was supposed to be completed in May 2023, but was delayed once again. Additionally, they were still not connected to the electricity transmission network. However, despite having generators turned off for 9 months, the Albanian authorities still pay Exelerate-Renco $68 million for rent and operation, even if they do not turn them on for a single day.[17]

As of November 2024, the two floating thermal power plants in Vlora "Tiger 1" and "Tiger 3" have been floating in the bay of Vlora without producing energy.[18][19]

The utility KESH began issuing tenders in 2025 for fuel and insurance contracts for the two floating units.[20][21]. The units underwent firings in 2024 and 2025, however, they have never produced electricity for the grid.[22]

Opposition

The project is opposed by campaigners in Albania who have brought into question the necessity of the project, it's high cost and the environmental damage it could cause.[22]

Articles and Resources

References

  1. ↑ https://goo.gl/maps/yT7toZHMALvWBR7b6. {{cite web}}: Missing or empty |title= (help)
  2. ↑ https://web.archive.org/web/20220512145706/https://politiko.al/english/e-tjera/triporti-me-koncesion-ne-loje-hyn-edhe-tec-i-i-vlores-i459707. Archived from the original on 2022-05-12. {{cite web}}: Missing or empty |title= (help)
  3. ↑ https://www.cna.al/english/ekonomi/tec-et-lundrues-ne-vlore-kpp-anulon-proceduren-per-evadimin-e-mbetjeve-i415507. {{cite web}}: Missing or empty |title= (help)
  4. ↑ https://boldnews.al/2025/02/26/120-mln-euro-per-0-kvh-energji-zhvatja-me-tigrat-e-beles-dhe-orataku-i-fshehte-iranian/. {{cite web}}: Missing or empty |title= (help)
  5. ↑ 5.0 5.1 https://web.archive.org/web/20230307153158/https://balkangreenenergynews.com/gek-terna-launches-170-mw-thermal-power-plant-project-in-albania/. Archived from the original on 2023-03-07. {{cite web}}: Missing or empty |title= (help)
  6. ↑ 6.0 6.1 6.2 6.3 https://www.balkanweb.com/en/tigrat-e-vlores-prodhuan-vetem-1-te-energjise-neto-por-marrin-miliona-euro-qira/. {{cite web}}: Missing or empty |title= (help)
  7. ↑ 7.0 7.1 7.2 https://seenews.com/news/albania-opens-tender-for-insurance-of-floating-tpps-in-vlore-1278038. {{cite web}}: Missing or empty |title= (help)
  8. ↑ 8.0 8.1 8.2 8.3 8.4 8.5 8.6 8.7 https://www.voxnews.al/english/fokus/erdhen-me-ceremoni-por-tec-et-lundruese-ne-vlore-nuk-kane-asnje-dite-pune--i34349. {{cite web}}: Missing or empty |title= (help)
  9. ↑ https://web.archive.org/web/20240108212313/https://en.faktoje.al/tiger-1-and-tiger-3-still-with-generators-turned-off/. Archived from the original on 2024-01-08. {{cite web}}: Missing or empty |title= (help)
  10. ↑ 10.0 10.1 10.2 https://web.archive.org/web/20250318011624/https://citizens.al/en/2024/08/14/tec-et-e-vlores-burokraci-ndotje-dhe-miliona-te-shpenzuara/. Archived from the original on 2025-03-18. {{cite web}}: Missing or empty |title= (help)
  11. ↑ 11.0 11.1 https://web.archive.org/web/20230529011405/https://balkangreenenergynews.com/us-italian-consortium-to-lease-oil-fired-power-plant-to-albania/. Archived from the original on 2023-05-29. {{cite web}}: Missing or empty |title= (help)
  12. ↑ 12.0 12.1 12.2 https://www.kesh.al/en/service/tec-lundrues/. {{cite web}}: Missing or empty |title= (help)
  13. ↑ 13.0 13.1 https://web.archive.org/web/20220101134135/https://www.powerengineeringint.com/world-regions/asia/fast-track-bangladesh-barges/. Archived from the original on 2022-01-01. {{cite web}}: Missing or empty |title= (help)
  14. ↑ 14.0 14.1 (PDF) https://summitpowerinternational.com/sites/default/files/pdf/Annual-Report-2017-2018.pdf. {{cite web}}: Missing or empty |title= (help)
  15. ↑ 15.0 15.1 "Difficult energy situation/ KESH opens tender to purchase 15 thousand tons of fuel for Vlora ships". Kapitali. 2025-08-28. Archived from the original on 2025-10-17. Retrieved 2025-10-08.
  16. ↑ "US-Italian consortium to lease oil-fired power plant to Albania". Balkan Green Energy News. February 18, 2022. Retrieved December 14, 2023.{{cite web}}: CS1 maint: url-status (link)
  17. ↑ ""Tiger 1" and "Tiger 3" still with generators turned off". en.faktoje.al. July 4, 2023. Retrieved December 14, 2023.{{cite web}}: CS1 maint: url-status (link)
  18. ↑ ""Vlora thermal power plants", bureaucracy, pollution and millions spent". CITIZENS. August 14, 2024. Retrieved November 26, 2024.{{cite web}}: CS1 maint: url-status (link)
  19. ↑ "Floating thermal power plants in Vlora, KPP cancels the waste evacuation procedure". CNA. November 19, 2024. Retrieved November 26, 2024.{{cite web}}: CS1 maint: url-status (link)
  20. ↑ https://kapitali.al/english/lajme-nga-vendi/situate-e-veshtire-energjetike-kesh-hap-tenderin-per-te-blere-15-i35728. Retrieved 2025-10-08. {{cite web}}: Missing or empty |title= (help)
  21. ↑ "Albania opens tender for insurance of floating TPPs in Vlore". SeeNews. SeeNews. 2024-07-07. Retrieved 2025-10-08.
  22. ↑ 22.0 22.1 "Albania opens tender for insurance of floating TPPs in Vlore". SeeNews. SeeNews. 2024-07-07. Retrieved 2025-10-08.

Additional data

To access additional data, including an interactive map of gas-fired power stations, a downloadable dataset, and summary data, please visit the Global Oil and Gas Plant Tracker on the Global Energy Monitor website.