north macedonia

North Macedonia: OKTA reports strong profit growth despite lower revenues in 2025

North Macedonian oil refinery OKTA, owned by Greece’s Hellenic Petroleum, reported a net profit of 7.3 million euros in the first nine months of 2025, up from 2.1 million euros in the same period last year. The company’s sales revenues reached 456 million euros during the period, representing an 18% decrease compared to 2024, while […]

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Region: Feasibility study completed for Serbia–North Macedonia gas interconnector, construction planned by 2027

The feasibility study for the planned gas interconnection between Serbia and North Macedonia has been completed, marking a key step forward in the project’s preparation phase. The new interconnector is expected to be constructed by 2027, with commissioning scheduled for 2028. Once operational, it will enable bidirectional gas flow between the two countries, providing access

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North Macedonia: Electricity production drops 21% in August amid higher imports and lower output from thermal and hydro plants

In August 2025, total electricity consumption in North Macedonia reached 409,092 MWh, while natural gas consumption amounted to 20.2 million cubic meters. Coal consumption totaled 267,987 tons, and the use of petroleum products stood at 110,475 tons, according to data from the State Statistical Office. Domestic generation covered 93.2% of the country’s electricity needs that

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North Macedonia: EVN Group invests €10.4 million in upgrading electricity network

In the first half of 2025, EVN Group’s electricity distribution arm, Elektrodistribucija, completed a series of major infrastructure projects to modernize and strengthen North Macedonia’s low-voltage electricity network. The initiative aimed to improve network reliability, reduce transmission losses, and integrate advanced technologies into daily operations. As part of the modernization program, 135 kilometers of new

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North Macedonia: AFD awards €600,000 grant to MEPSO to modernize and digitalize power grid

The French Development Agency (AFD) has granted North Macedonia’s electricity transmission system operator MEPSO 600,000 euros to support the modernization and digitalization of the country’s electricity transmission network. The non-repayable funding will provide technical assistance aimed at improving system efficiency, enhancing network reliability, reducing technical losses, and preparing MEPSO for higher integration of renewable energy

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North Macedonia: Energy use in July 2025: Electricity production falls, thermal output rises, hydropower drops

In July 2025, total electricity consumption in North Macedonia reached 421,489 MWh, while natural gas consumption stood at 25.6 million cubic meters. Coal consumption amounted to 357,665 tons, and petroleum product use totaled 112,946 tons. According to the State Statistical Office, all electricity consumed during the month was covered by domestic production, and 99.9 percent

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North Macedonia: Solar power expansion drives renewable energy growth to 41% of electricity production

In recent years, North Macedonia has seen consistent growth in installed solar power capacity, reflecting rising interest and investment in renewable energy. According to data from the Regulatory Commission for Energy (RKE), the country had reached 848 MW of installed solar capacity by the end of 2024. The pace of development has been rapid. In

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Region: Serbia approves Spatial Plan for new gas pipeline to North Macedonia

The Serbian Government has approved a regulation defining the Spatial Plan for the MG14 main gas pipeline, a 146-kilometer project running from Orljane near Niš through Leskovac and Vranje to the North Macedonian border. The route will also cover areas including Vladičin Han, Bujanovac, Preševo, Vlasotince, Surdulica, and Doljevac. The MG14 pipeline, designed as a

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North Macedonia upgrades transmission network to boost reliability and renewable integration

North Macedonia is advancing major investments in its electricity transmission network, highlighted by the installation of a new 400/110 kV transformer at the Dubrovo substation. This project is part of transmission system operator MEPSO’s broader modernization and expansion program aimed at improving reliability and enabling greater renewable energy integration. Dubrovo is a vital hub in

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North Macedonia: Day-ahead power trading up 37.7% year-on-year in August 2025

In August 2025, electricity trading on North Macedonia’s day-ahead market reached 126,292.1 MWh, marking a 37.7% increase compared to 91,721.7 MWh in the same month of 2024. However, the traded volume was 6.5% lower than in July 2025. According to market operator MEMO, the average market-clearing price in August was 81.23 euros/MWh, down 21.3% from

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