Electricity

North Macedonia to adopt Energy Development Strategy until 2040 in line with EU Energy Union pillars

strategy

Photo: Business Forum in Poznan (Ministry of Economy)

Published

July 10, 2019

Country

Comments

0

Share

Published:

July 10, 2019

Country:

Comments:

0

Share

North Macedonia’s Ministry of Economy plans to adopt the Energy Development Strategy until 2040 by the end of 2019, said Economy Minister Kreshnik Bekteshi during the Business Forum held as part of the Western Balkans Summit Poznan 2019. The ministry has also prepared a draft law on energy efficiency.

By the end of 2019, North Macedonia will adopt the new Energy Development Strategy until 2040, which will be based on the five pillars of the EU Energy Union Strategy (security, solidarity and trust, fully integrated internal energy market, energy efficiency, climate action – decarbonizing the economy, and research, innovation and competitiveness), Bekteshi said.

The minister said that he expects a draft law on energy efficiency to enter the adoption procedure.

The draft law will offer new solutions in order to improve the business climate for most small and medium-sized enterprises (SMEs), Bekteshi said.

He noted that North Macedonia has done a lot in the energy sector in a very short period of time.

This is an even bigger achievement if it is known that the country was in the group of countries with a significant lack of energy sector reforms, Bekteshi said, adding that with the adoption of the new Energy Law, in May 2018, North Macedonia set two main goals – to boost renewable energy investments and to increase energy efficiency.

According to Bekteshi, the Energy Law also enabled the opening of the electricity market which was followed by a 10% increase in the number of licenses for electricity trade and supply.

Tendering for renewables

At the beginning of the year, the Government of North Macedonia announced tendering for the construction of solar power plants with a combined capacity of 200 MW, and for premiums for a 50 MW wind farm by the end of the year.

Bekteshi said that in June the government had launched tendering for the construction of solar photovoltaic (PV) power plants with a combined capacity of 35 MW on state land, in Amzabegovo (Sveti Nikole) with a capacity of 25 MW and in Makedonski Brod with a capacity of 10 MW.

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

Egypt add 1 1 GW solar wind power cheapest rates Africa

Egypt to add 1.1 GW in solar, wind power with cheapest rates in Africa

02 December 2022 - Two giant solar and wind power plants in Egypt will supply electricity at the lowest rates in Africa, IFC said

Electricity prices to be increased in Republic of Srpska from New Year

Increase of electricity prices in the Republic of Srpska as of January 2023

02 December 2022 - A large part of electricity consumers in the Republic of Srpska will be getting higher bills after the New Year

EU Energy Community support Serbia energy transition Várhelyi

EU, Energy Community extend support to Serbia in its energy transition

02 December 2022 - Minister of Mining and Energy Dubravka Đedović met with top officials from the European Union and Energy Community Secretariat

Romania allows prosumers to install photovoltaic panels in several locations

Romania allows prosumers to install photovoltaic panels in several locations

01 December 2022 - The Government of Romania adopted an executive order to make it easier for prosumers to connect solar panels to the distribution grid