Serbia is making significant progress in developing its energy infrastructure as part of a broader strategy to align with the European Union’s energy market. A key step in this process is the ongoing development of a gas interconnector with North Macedonia. Funded by the EU, the feasibility study for this pipeline is expected to be […]
In May 2025, the volume of electricity traded on North Macedonia’s day-ahead electricity exchange reached 86,321.1 MWh, which is approximately 25 percent higher than the 69,054 MWh recorded in the same month the previous year. However, the traded volume in May was 21.7 percent lower compared to the previous month. The electricity market operator MEMO
North Macedonia: Electricity trading day-ahead market rises 25% year-on-year in May 2025 Read More »
The European Network of Transmission System Operators for Electricity (ENTSO-E) has announced the establishment of a specialized expert commission to thoroughly investigate the power outage that occurred in North Macedonia’s electricity network on 18 May. The disruption happened in the early morning hours and caused an almost total loss of load across North Macedonia’s power
North Macedonia: ENTSO-E forms expert commission to investigate power outage on 18 May Read More »
North Macedonia’s state-owned power company ESM has partnered with Danish wind technology firm Siemens Gamesa Renewable Energy to advance the next phase of the Bogdanci wind farm project. This expansion involves an investment of 37.6 million euros and will add four wind turbines, each with a capacity of 3.4 MW, increasing the wind farm’s total
North Macedonia expands Bogdanci wind farm in €37.6 million renewable energy push Read More »
North Macedonia is advancing a large-scale energy investment focused on the development of two hydropower facilities: Cebren and Galiste. The total estimated value of the initiative is between 1.2 and 1.3 billion euros. Prime Minister Hristijan Mickoski confirmed that negotiations are ongoing, with the country aiming to finance the construction primarily through a loan from
North Macedonia moves forward with major hydropower projects Cebren and Galiste Read More »
North Macedonia has reached a significant milestone in its energy transition, as the national market operator MEMO issued the country’s first Guarantees of Origin (GoOs) for electricity generated entirely from renewable sources. The inaugural certificates were granted to the state-owned utility Elektrani na Severna Makedonija (ESM) for its hydropower production. Energy Minister Sanja Bozinovska hailed
North Macedonia issues first renewable energy certificates to ESM Read More »
According to data from the State Statistical Office, domestic electricity production accounted for 80.4% of the total electricity consumed in March 2025. Nearly all coal consumed, 99.9%, was used specifically for electricity generation. The total gross electricity production in Macedonia for March 2025 reached 469,417 MWh, representing a 1.7% increase compared to the same month
North Macedonia: Electricity production rises amid shifts in energy mix Read More »
North Macedonian fuel retailer Makpetrol has announced a gross dividend of approximately 68.3 euros per share for 2024, marking an increase from the previous year. The decision was approved by shareholders and reflects the company’s improved financial results. The total dividend payout for 2024 will amount to around 6.91 million euros. In comparison, the gross
North Macedonia’s state-owned power company ESM plans to open a new coal mine in Zivojno, near the Greek border. The Ministry of Environment and Physical Planning has announced that ESM is currently collecting public feedback on the environmental impact assessment for the project. The consultation period is open until May 15. Local reports indicate that
North Macedonia: ESM plans new coal mine amid energy transition challenges Read More »
North Macedonia’s state-owned gas transmission operator, Nomagas, has signed a contract with local construction firm Rapid Build to construct the country’s portion of a new natural gas interconnector with Greece. The project involves building a 68-kilometer pipeline, valued at €83.7 million. Energy Minister Sanja Bozinovska announced the deal, highlighting its strategic significance for regional energy
Region: North Macedonia awards contract for gas interconnector with Greece Read More »
