North Macedonia tis energytech

Did North Macedonia change its energy regulations?

There were no major energy legislative changes, but North Macedonia continued to harmonize its energy regulations with the EU Energy Community’s Third Energy Package (TEP). North Macedonia’s state-owned power company was unbundled and partially privatized in the early 2000s.

What is North Macedonia's just energy transition investment platform?

North Macedonia today launched a just energy transition investment platform to guide its far-reaching plans for a low-carbon and just transition of the electricity sector.

How many power plants are there in North Macedonia?

The electric power production system in North Macedonia consists of two coal power plants with a total installed capacity of 825 megawatts (MW), several hydro power plants with a total installed capacity of 695 MW, one combined generation power plant, a heavy oil plant, a few solar power plants, a few biogas plants, and one wind power farm.

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.

How much will ESM invest in North Macedonia?

Final bids are expected in the second half of 2022. The investment is estimated at $640 million and will be crucial for balancing the electricity system. ESM owns and operates North Macedonia’s only wind farm, a 36.5 MW park in the southern part of the country. It plans to increase capacity with two separate 14 MW investments in the same area.

Will Macedonia re-open a dormant oil pipeline?

The pipeline and refinery have only been used for storage since 2013. The governments of North Macedonia and Greece are discussing re-opening the dormant oil pipeline.