What changes did North Macedonia make to its energy policy?

While there were no other major energy legislative changes, North Macedonia continues to harmonize its energy sub-regulations with the EU Energy Community’s Third Energy Package (TEP).

How does North Macedonia generate electricity?

North Macedonia has historically relied on hydropower for a significant portion of its electricity generation. The country has utilized its rivers to develop hydropower plants. There have been also efforts to harness wind energy, and several wind projects have been proposed or are under development.

Who regulates the energy sector in North Macedonia?

Energy Regulatory Commission (ERC): The Energy Regulatory Commission regulates and oversees the energy sector in North Macedonia. ERC is responsible for ensuring fair competition, consumer protection, and adherence to legal and regulatory standards. 3.

Does North Macedonia still have a coal power plant?

The smaller coal power plant, “REK Oslomej,” which was dormant through 2020, was reactivated in 2021 to help North Macedonia reduce its reliance on electricity imports. ESM refurbished the “REK Bitola” coal power plant boilers in 2017, but its equipment is still largely outdated.

Why did electricity prices increase in North Macedonia in 2022?

All the gas is imported. Gas imports decreased by 35% in 2022 to 275 mcm, as gas import prices increased fivefold. Since 2020, higher prices on the European wholesale markets have contributed to raise electricity prices in North Macedonia.

Is North Macedonia a state-owned power company?

North Macedonia’s state-owned power company was unbundled and partially privatized in the early 2000s. Austrian utility company EVN has been responsible for electricity distribution in North Macedonia since entering the market in 2006.