After 2022, when the energy crisis peaked and drove energy companies to a loss of around 240 million euros, the year we left behind appears to have marked a completely different panorama. The improved hydrological situation, with net energy production reaching 8.80 TWh, eased the entire chain of public companies, as exports dominated over imports. 
Official data for the three public energy companies—from the Albanian Electroenergetic Corporation (KESH) to the OSHEE Group and the Transmission System Operator (OST)—show a profit of 22.5 billion ALL, or 225 million euros. "During 2023, the energy sector has shown a significant improvement in financial performance due to: (i) the improvement of the meteorological situation in the country and, as a result, (ii) the increased flows in the Drin cascade, which has raised the level of domestic energy production by KESH sh.a throughout 2023. Specifically, the level of the Fierza basin until December 2023 was at 284.5 meters, higher than the average level of the last 30 years for the same period, which was 277.5 meters," according to the current budget. 
The main contributor to this profit appears to be the Albanian Power Corporation, which, thanks to the favorable water situation, secured income amounting to 41 billion lek, or about 410 million euros, and significantly reduced expenses that were dominated by high-priced imports during the 2022 crisis. These expenses were around 630 million euros in 2022 but were 55 percent lower in 2023. The company's profit in 2023 is estimated at around 135 million euros. 
The distribution company OSHEE Group, which includes three subsidiaries, recorded a revenue of 74.7 billion ALL, or 747 million euros, while the profit for 2023 was calculated at 4.64 billion ALL, or about 46 million euros. 
The third company, OST, had revenue of 12.3 billion ALL last year, nearly the same as in 2022. However, expenses decreased by 32 percent in 2023 compared to 2022, totaling 7.9 billion ALL. The company's profit is estimated at 4.37 billion lek, or about 43 million euros, nearly ten times more than the previous year when costs increased due to expensive imports needed to cover transmission losses.