Tbea energy North Macedonia

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.

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 type of electricity does North Macedonia use?

North Macedonia relies predominantly on fossil fuels (low-grade lignite and gas) and hydropower, and is dependent on electricity imports. The total generation of electricity in 2022 was 5,634 GWh, and another 1,471 GWh was imported to satisfy the total domestic electricity demand.

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.

How will the green economy transition impact North Macedonia?

The green economy transition will bring net economic benefits, supporting North Macedonia in entering green value chains and increasing the competitiveness of its economy. However, coal-reliant regions may be impacted unevenly.

Does Macedonia have a wind farm?

North Macedonia has a 36.8 MW wind farm at Bogdanci and has received EU and KfW financing to expand it. It was the first country in the Western Balkan region to put into operation a sizeable wind facility. Its second wind farm, the 36-MW Bogoslovec, only started operating in mid-2023.