This is one of the most promising industry sectors for the Macedonian economy. Recent energy market developments include the continued expansion of the internal gas distribution network, further liberalization of the electricity market, and increased regional cooperation for electricity and gas interconnections. North Macedonia adopted a new Energy Law in June 2018, aligning its energy legislation with the EU Energy Community’s Third Energy Package.
North Macedonia is a full member of the European Network of Transmission System Operators for Electricity (ENTSO-E), ensuring interconnection compatibility with European electric power systems.
The country’s state-owned electricity company was unbundled and partially privatized in the 2000s. Since 2006, Austrian utility company EVN has been responsible for electricity distribution, while the state-owned company MEPSO operates North Macedonia’s electricity transmission system.
ESM is North Macedonia’s state-owned electricity producer, managing the country’s power generation plants.