North Macedonia Energy Storage Power Direct Sales Company

How many power plants are there in North Macedonia?

The electric power production system in North Macedonia consists of two coal power plants with a total installed capacity of 825 megawatts (MW), several hydro power plants with a total installed capacity of 695 MW, one combined generation power plant, a heavy oil plant, solar power plants, a few biogas plants, and two wind power farms.

Is North Macedonia a state-owned power company?

North Macedonia’s state-owned power company was unbundled and partially privatized in the early 2000s. Austrian utility company EVN has been responsible for electricity distribution in North Macedonia since entering the market in 2006.

Does North Macedonia still have a coal power plant?

The smaller coal power plant, “REK Oslomej,” which was dormant through 2020, was reactivated in 2021 to help North Macedonia reduce its reliance on electricity imports. ESM refurbished the “REK Bitola” coal power plant boilers in 2017, but its equipment is still largely outdated.

How is electricity produced in North Macedonia?

North Macedonia is a net importer and domestic electricity is produced almost entirely from ESM’s power plants. Electricity imports amount to approximately 20-30% of the total domestic electricity consumption and are mostly required to meet peak winter demand.

When did Macedonia start a day-ahead electricity exchange?

The National Electricity Market Operator (MEPSO) launched May 10, 2023, the country’s first day-ahead electricity exchange, which featured 22 participating companies. North Macedonia’s state-owned power company was unbundled and partially privatized in the early 2000s.

Who owns North Macedonia's wind park?

ESM owns and operates North Macedonia’s 36.5 MW wind park in the southern part of the country, and a private company completed construction of another 36 MW wind park. ESM plans to increase capacity of the existing one by 14 MW and invest in another 50 MW in the same area.