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, a few solar power plants, a few biogas plants, and one wind power farm.

How much electricity does Macedonia produce?

The largest production of electricity from the existing energy power system in Republic of Macedonia is achieved in 2010 and there is delivery of 6.46 gigawatt hours.

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.

Did North Macedonia change its energy regulations?

There were no major energy legislative changes, but North Macedonia continued to harmonize its energy regulations with the EU Energy Community’s Third Energy Package (TEP). North Macedonia’s state-owned power company was unbundled and partially privatized in the early 2000s.

Why is ESM growing in Macedonia?

The growth of ESM is inextricably linked to the development of power generation in Macedonia. Though ESM was established as an independent enterprise in 2005 as ELEM, its business operations and generation capacities date as far back as the beginning of the 20th century in 1909, to the first light in Skopje.

How much will ESM invest in North Macedonia?

Final bids are expected in the second half of 2022. The investment is estimated at $640 million and will be crucial for balancing the electricity system. ESM owns and operates North Macedonia’s only wind farm, a 36.5 MW park in the southern part of the country. It plans to increase capacity with two separate 14 MW investments in the same area.