North Macedonia has formalized state guarantees and loan agreements totaling €97 million to advance two major energy investments aimed at reshaping the country’s electricity sector. The funding package supports the construction of the Bitola 3 solar power plant and a broad program to modernize existing hydropower facilities. The Bitola 3 solar project carries a total […]
Plans for a new gas pipeline connecting Serbia and North Macedonia are moving forward with a defined timeline, as permitting is expected to conclude by mid-2026, followed immediately by construction. The update came after talks between Serbian Minister of Mining and Energy Dubravka Đedović and her North Macedonian counterpart Sanja Božinovska. Serbia’s energy strategy has
Region: Serbia–North Macedonia gas pipeline project set for completion by 2027 Read More »
A new project in North Macedonia is set to commence for Croatian company Dalekovod, which has signed a contract with MEPSO, the country’s electricity transmission system operator, to build a major high-voltage transmission line. Dalekovod will lead a consortium including ELNOS BL from Bosnia and Herzegovina and Serbian Kodar Energomontaza. The €19.7 million contract covers
In November 2025, electricity traded on North Macedonia’s day-ahead exchange reached 109,180 MWh, marking a 34.3 % increase compared to the 81,308 MWh recorded in the same month last year. However, the traded volume was 25.5 % lower than in the previous month. Market operator MEMO reported an average market-clearing price of 120.68 euros/MWh for
North Macedonia: Power exchange sees strong year-on-year growth despite monthly decline Read More »
North Macedonia’s energy regulator announced that the new 44 MW Dren wind farm, located in Demir Kapija, has entered its trial phase. Nearly three years after Turkish investor Kaltun Enerji contracted YEO Teknoloji to build the initial section of the project, the facility has become the country’s third operational wind farm. Between January and November
North Macedonia: New 44 MW Dren wind project boosts renewable capacity Read More »
North Macedonia’s Government announced that the oil pipeline connecting Thessaloniki and Skopje is expected to return to service before the end of the year, ending more than a decade of inactivity. Prime Minister Hristijan Mickoski stated that the pipeline had deteriorated significantly after years without maintenance, but that rehabilitation works are now progressing steadily. Pressure
North Macedonia restores strategic oil pipeline to reduce import dependence Read More »
Electricity consumption in North Macedonia reached 373,518 MWh in September 2025, while natural gas use totaled 19.4 million cubic meters. Coal consumption amounted to 368,114 tons, and the use of petroleum products stood at 95,577 tons. According to the State Statistical Office, domestic production covered 100 percent of electricity demand during the month, and 99.9
North Macedonia maintains full domestic electricity supply in September 2025 Read More »
Macedonian fuel retailer Makpetrol reported a non-consolidated net profit of 14.7 million euros for the first nine months of 2025, marking a 19 percent increase compared to the same period last year. Operating revenues fell slightly by 1 percent to 377 million euros, while operating expenses also decreased by 1 percent, totaling 364 million euros.
North Macedonia: Makpetrol reports 19% profit growth in first nine months of 2025 Read More »
In October 2025, electricity trading on North Macedonia’s day-ahead market reached 146,498 MWh, marking an 81.7% increase compared to the same month last year and a 43% rise from September. According to the market operator MEMO, the average market-clearing price stood at 125.67 euros/MWh, up 37.1% from the previous month. The daily average trading volume
North Macedonia: Day-ahead power trading jumps 82% year-on-year in October 2025 Read More »
Prolonged drought and scarce rainfall have severely reduced water levels in North Macedonia’s reservoirs and hydropower plants. According to data from state-owned power utility ESM, the total stored energy currently amounts to just 124 GWh—only 21% of the country’s total reservoir capacity. At this time of year, hydropower facilities typically supply around a quarter of
North Macedonia faces critically low hydropower reserves amid prolonged drought Read More »
