Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
In January 2025, Italy, Albania and the UAE signed a €1 billion deal to construct a subsea electricity interconnection across the Adriatic Sea, linking Albania’s Vlore port with Italy’s Puglia region to enhance energy security and support the clean energy transition. The agreement, backed by stakeholders including Italian grid operator Terna, the UAE’s Taqa and Albania’s renewable energy sector, is intended to enable cross-border trade in renewable power and strengthen the wider Mediterranean energy grid, with operations expected within three years.