News

Energy consumption seen rising 4% in 2016

Published

December 10, 2015

Comments

comments icon

0

Share

Published:

December 10, 2015

Comments:

comments icon

0

Share

The draft Energy Balance, presented before the Macedonian Energy Association (MEA), predicts for total energy consumption to increase by 4% next year, Independent.mk reported.

The document, developed by the Ministry of Economy, includes a projection that 3% more oil and derivatives will be spent in 2016. There will also be a rise in the consumption of natural gas, biomass and other energy resources, the Macedonian news agency said in the article. Rising energy needs can be met by domestic and imported sources. Oil, derivatives and gas will be imported, while electricity output will depend on hydrology and gas prices.

“Renewable energy sources have an increasing share in the energy output, especially in the section of electricity. About 16% of final energy from renewable sources is projected for next year, primarily from small hydro plants, photovoltaics, wind parks and biomass,” MEA’s president Kočo Anđušev said. He added energy balance also depends on six large companies – Feni, Jugohrom, Makstil, ArcelorMittal, Bucim and Usje – which account for 20% of overall electricity consumption in Macedonia.

Related Articles

Serbian oil company NIS installs 6 8 MW solar power plant

Serbian oil company NIS installs 6.8 MW solar power plant

13 March 2026 - Gazprom-owned Serbian oil refiner and service station chain NIS commissioned its ground-mounted 6.8 MW solar power plant. It is one of the biggest in the country.

croatia cropex slovenia market power exchange

CROPEX expands into Slovenian electricity market

13 March 2026 - The move marks the first time the Croatian Power Exchange will operate outside Croatia, according to CROPEX CEO Ante Mikulić

montenegro loan power line ebrd asanovic bowman

CGES to invest EUR 15 million in BiH-Montenegro-Albania power line

13 March 2026 - Montenegro's TSO Crnogorski Elektroprenosni Sistem plans to invest EUR 200 million over the next five years

carbon storage Kent Energean Prinos North Aegean Sea Greece

EnEarth gets permit for carbon storage at offshore oil field in Greece

12 March 2026 - Integrated energy services firm Kent won a contract for front-end engineering design for the Prinos CO2 project in Greece for carbon storage.