Electricity

North Macedonia declares state of energy crisis

North Macedonia declares state of energy crisis for 30 days

Photo: Government of North Macedonia

Published

November 10, 2021

Country

Comments

comments icon

0

Share

Published:

November 10, 2021

Country:

Comments:

comments icon

0

Share

The Government of North Macedonia has declared a state of energy crisis to secure electricity supplies to consumers in the country. It will last 30 days.

The state of energy crisis was declared due to electricity shortages on the domestic market, caused by occasional outages of major production facilities, lack of coal for the production of electricity, and the inability to prevent possible outages with reserves in the electricity production sector, the government said on its website, adding that the said issues could disrupt the stability of the electricity system in the country.

State companies ESM, and MEPSO will get EUR 65 million for electricity imports

The government’s decision enables measures and activities to be taken, including financial intervention to purchase additional quantities of electricity. It determines the rights and obligations of state-owned power producer Elektrani na Severna Makedonija (ESM) and transmission system operator MEPSO.

The government’s intention is to enable the transfer of budget funds to these companies.

It is estimated the two companies will get a total of EUR 65 million, mostly for electricity imports, according to the local media.

The government is preparing measures to help the poorest consumers

ESM is obliged to submit a package of measures within 15 days to counter the energy crisis. The Ministry of Labor and Social Policy, in coordination with the Ministry of Economy, will prepare measures to safeguard the socially vulnerable categories in terms of energy poverty, the decision reads.

The government also told the Ministry of Economy to propose a solution for state institutions to purchase electricity from ESM at lower prices than those on the market.

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

bih republic of srpska coal power plants ugljevik gacko petar djokic

It’s cheaper to build new coal power plant than maintain existing ones in Republic of Srpska

06 February 2025 - The facilities are more than 40 years old, so a lot of money is needed for maintenance, according to minister Petar Đokić

Number of PPAs jumps in 2024 but volume weakens Pexapark

Number of PPAs jumps in 2024, but volume weakens – Pexapark

06 February 2025 - The European PPA market entered an adjustment chapter last year, characterized by record deal-making for smaller volumes, Pexapark said

marko bislimoski north macedonia public institutions electrcity supply

North Macedonia to change electricity supply model for public institutions

05 February 2025 - North Macedonia intends to introduce a new electricity supply model for public institutions to lower their costs

Turkey USD 500 million solar power investments auction round

Turkey facilitates USD 500 million in solar power investments through auction round

05 February 2025 - The winners of PV projects in the latest auction round in Turkey must pay high contribution shares for a guaranteed price at the low end of the initial range