Electricity

North Macedonia appoints MEMO to be organized electricity market operator

nemo-memo-macedonia-electricity-market

Slika: Unsplash

Published

September 14, 2020

Country

Comments

comments icon

0

Share

Published:

September 14, 2020

Country:

Comments:

comments icon

0

Share

The Government of North Macedonia has appointed Macedonian Electricity Market Operator (MEMO) to be the nominated electricity market operator (NEMO) or organized electricity market operator.

The government has designated MEMO to be the country’s organized electricity market operator, upon the proposal by the Energy Regulatory Commission, according to the government’s website.

The request has been awaiting the new government, which was selected at the end of August.

The designation of NEMO is one of the steps in establishing an operational day-ahead market in North Macedonia as well as market coupling between the Balkan country and the EU states. The ultimate goal is to have an integrated electricity market.

North Macedonia is in the process of establishing a power exchange company

So far only Serbia has a day-ahead market. According to the Energy Transition Tracker, North Macedonia is in the process of establishing a power exchange company.

In March 2019, the transmission system operators (TSOs) of Bulgaria, North Macedonia, and Albania signed a memorandum of understanding which envisaged day-ahead market coupling. North Macedonia and Bulgaria signed a bilateral MoU on electricity day-ahead market coupling in May 2018.

MEMO became operational on October 1, 2019, a year after it was established as a spin-off from the MEPSO, the domestic TSO. The government’s decree on the activities of the organized market operator, including the necessary technical, staffing and financial conditions, was adopted in late October 2019.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Serbia drafts just transition action plan public debate

Serbia drafts just transition action plan

30 May 2025 - The Ministry of Mining and Energy has published a draft just transition action plan and launched a public debate

Regional Power Sector Exchange Western Balkans disitribution system operator dso grids ohrid giz

Third Regional Power Sector Exchange in Ohrid: Power grids at core of energy transition

30 May 2025 - The third Regional Power Sector Exchange of the Western Balkans gathered over 80 energy professionals from the Western Balkans

two solar power plants egesa enerji vojvodina

Turkish Egesa Enerji to build two solar power plants in Serbia’s Vojvodina province

30 May 2025 - Turkish company Egesa Enerji has launched a project to build two solar power plants in Vojvodina, with a total nominal capacity of 8.6 MW

Green for Growth Fund partnership Swedish International Development Cooperation Agency Sida

Green for Growth Fund launches partnership with Swedish International Development Cooperation Agency

30 May 2025 - GGF and the Swedish International Development Cooperation Agency are expanding green lending in the Western Balkans and the EU's Eastern Neighborhood