This is one of the best prospect industry sectors for the Macedonian economy. Energy market developments in the country included further construction of an internal gas distribution network, continued liberalization of the electricity market, and increased regional cooperation for electricity and gas interconnections. Our country adopted a new Energy Law in June 2018, harmonizing its energy legislation with the EU Energy Community’s Third Energy Package.
North Macedonia is a full member of the Union for the Coordination of Production and Transmission of Electricity European Interconnection (UCPTE), which ensures interconnection compatibility with European electric power systems.
Macedonian state-owned power company was unbundled and partially privatized in the 2000s. Austrian utility company EVN has been responsible for electricity distribution since entering the market in 2006. State-owned MEPSO is the country’s electricity transmission system operator.
ESM – Power generation Plants is a Macedonian state-owned electricity producer.
According to the Energy Community Sustainable Development Report 2020, the country has the highest scores on the list of the six Western Balkan countries: Albania, Serbia, Kosovo, Bosnia and Herzegovina, and Montenegro in terms of progress in implementing energy reforms, energy efficiency, renewable energy, environmental protection, investment conditions and transparency in this area.
With the government’s strategic framework “Action 21”, energy investments continue, thus the country remains a leader in the region.
Realization of the following projects in 2021:
The realization of new wind parks in Sv.Nikole, Demir Kapija, and in Debarca. The next phase of the project worth between €600M and €800M continues and that in itself shows the serious intention for success.