News

Memorandum includes cooperation in green energy

Published

December 11, 2015

Comments

comments icon

0

Share

Published:

December 11, 2015

Comments:

comments icon

0

Share

Macedonia and Albania are small countries and have need of mutual energy connection that is of interest to both sides, ministers Bekim Neziri and Damian Gjiknuri said in Struga. They signed a memorandum of understanding on cooperation in the fields of of energy efficiency, small hydropower plants, wind power, oil and oil products, Macedonian Ministry of Economy said on its website. Gjiknuri, minister of energy and industry of Albania, visited the neighbouring country and met his counterpart in the border town one day after the European Bank for Reconstruction and Development signed an agreement for a loan of up to EUR 37 million for the construction of the first electricity interconnector between the two countries.

By signing the memorandum, according to Neziri, good relations between Macedonia and Albania are confirmed and the benefits are yet to be felt. “Cooperation in the energy market we have with Bulgaria and Serbia, and with the interconnection with Albania, a project that should be completed by 2018, we make the Republic of Macedonia a link in the regional energy market,” Neziri stated.

Gjiknuri said the two countries made remarkable progress in the project for the construction of the interconnection Bitola–Elbasan and added he expects that in 2017 there will be concrete steps. “Funds are provided for the realization of the project in both countries. Interest is huge in both countries as it will provide connection to the energy system of Macedonia, and thus in Bulgaria and Serbia. Apart from our countries, the entire region will benefit. The project provides connectivity to Albania, but not only Albania, I would say of Bulgaria and the region with Italy by sea,” Gjiknuri emphasized.

Related Articles

EVN Macedonia BESS 10 MW into operation at solar park

EVN Macedonia puts BESS of 10 MW into operation at its solar park

13 May 2026 - EVN Macedonia commissioned a battery energy storage system within its Probištip photovoltaic plant in North Macedonia

Energy companies confront dual mandate keeping supply secure while accelerating green transition BEF 2026

Energy companies in Western Balkans confront dual mandate – keeping supply secure while accelerating green transition

13 May 2026 - Companies in the region have challenges in energy security, decarbonization and digitalization, and the key is investing in production, the grid and batteries, according to the panel on power system transition at Belgrade Energy Forum 2026

serbia eu region bef 2026 ivan asanovic cges market coupling

Asanović: Montenegro expects European Commission to clear market coupling by end-June

12 May 2026 - Ivan Asanović, CEO of Montenegro's transmission system operator, participated in the panel on transmission grid development at BEF 2026

serbia eu region bef 2026 jelena matejic ems renewables grid connection

Matejić: Serbia’s grid to integrate 12 GW of renewables in next six years

12 May 2026 - Jelena Matejić, General Manager of Elektromreža Srbije, took part in a panel on transmission grids at Belgrade Energy Forum 2026