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

Montenegro NECP public consultation sole coal plant shutdown 2041

Montenegro publishes NECP for public consultation – sole coal plant planned for shutdown in 2041

30 June 2025 - The retirement of the Pljevlja coal plant is planned for 2041, but it depends on a just transition and supply security, the draft NECP reads

LONGi ignites Romania energy transition 54 1 MW BC

LONGi ignites Romania’s energy transition with 54.1 MW BC technology triumph

30 June 2025 - A PV plant in Romania's northwest is on schedule for a grid connection in the fourth quarter. It features LONGi Solar's BC modules.

Fortis Energy Albania 62 MW solar power

Fortis Energy gets green light in Albania for 62 MW solar power project

27 June 2025 - Fortis Energy received approval from the Albanian government for the construction of a 62 MW solar power plant in the country's southeast

Hidroelectrica construction pilot floating photovoltaic plant

Hidroelectrica to begin construction of its pilot floating photovoltaic plant

27 June 2025 - Romanian state-owned hydropower plant operator Hidroelectrica picked the contractor for a 10 MW floating solar power plant, its first