North Macedonia Energy Storage Power Products

Who produces electricity in North Macedonia?

The main entity in North Macedonia for electricity production is a state owned company Elektrani na Makedonija (ELEM), with ~70% of the total installed capacity. ELEM is the owner of the two large coal fired thermal power plants, Bitola and Oslomej.

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.

What is North Macedonia's Energy Strategy?

Integration and security of energy markets: the Strategy is aiming to ensure that North Macedonia is even stronger integrated into European markets, protect today’s levels of energy dependence and provide necessary flexibility for higher RES integration.

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.

Where is North Macedonia storing oil?

North Macedonia already has capacities through private entities that could be used for storage of compulsory oil reserves. The largest storage capacities are located in the OKTA refinery which currently serves as a hub for majority of the imported fuels.

How many ktoe is primary energy consumption in North Macedonia?

The projections of primary energy consumption were made by taking the consumption in 2016 energy balance, as a base year, and assuming the annual growth rate of 2.2%. According to that, estimated primary energy consumption in North Macedonia will reach 3,014 ktoe in 2020.