Tag: energy
Economy 24.01.22 | 14:46

Energy crisis: Another fuel price increase

The Energy Regulatory Commission (RKE) announced that it will allow a new increase in the price of fuel, by noticeable 2 denars per liter. The most used Eurosuper BS-95 will now be sold for 78.5 denars, and the BS-98 fuel will sell for 80.5 denars. Diesel fuel will be sold for 71 denars. This comes on...
Macedonia 14.01.22 | 14:43

Energy crisis: One of the REK Bitola generators is down again

Generator bloc 3 of the REK Bitola coal plant is again offline, informs Stevce Antovski from the VMRO-DPMNE party’s energy commission. The public was not informed of the defect, which is likely linked to the suspicious fire that broke out in November and knocked out a relay station. Repairing this...
Economy 13.01.22 | 09:27

Energy crisis: Under SDSM, the cost of electricity went up by 32 percent

Energy prices went down 0.5 percent while Hristijan Mickoski was director of the state owned energy producing company ELEM, and they went up by 32 percent under SDSM, the opposition VMRO-DPMNE party said in a fact check of statements coming from the ruling SDSM party. SDSM is responding to the spiking...
Economy 28.12.21 | 17:51

Second boiler in TEC Negotino, third bloc in REK Bitola to be operational in January

The second boiler of thermal power plant (TEC) Negotino and the third bloc of mining-energy company (REK) Bitola will be operational in January 2022, said Power Plants of Macedonia (ESM) director Vasko Kovacevski on Tuesday. According to him, with maximum engagement of all production facilities, energy...
Economy 28.12.21 | 11:09

Energy regulator begins process to hike the price of electricity

The Regulatory Energy Committeе (RKE) began the process of changing the electricity prices, which is expected to result with a major hike new month. RKE began meetings with energy companies who have already submitted their requests, for steep hikes in the price to correspond with the increase of energy...
Economy 21.12.21 | 23:09

“Energy prices will go up by more than 10 percent”

Energy prices could go up by more than 10 percent, said VMRO-DPMNE Vice President Aleksandar Nikoloski in his Alfa TV interview. Households face a certain price hike with the near collapse of domestic energy production, but the Zaev regime insists it will be no higher than 10 percent. We are in for a...
Economy 21.12.21 | 17:48

Companies face huge energy price hikes

While the Zaev Government is promising that it will increase electricity prices for households by just 10 percent, companies, who buy energy on the open market, face a hike of 500 percent. Republika was shown offers from energy retailers who offered to supply a small company for 23.164 denars per KWh...
Economy 16.12.21 | 14:19

Energy crisis: Minister Bekteshi promises that the price hike won’t exceed 10 percent

Economy Minister Kreshnik Bekteshi said that the electricity price won’t go up over 10 percent, despite much higher requests from the energy producers and retailers. The final price for households and for the small businesses won’t be increased by more than 10 percent. I made that statement...
Economy 10.12.21 | 17:38

Energy crisis: SDSM and DUI reject VMRO-DPMNE proposal for 250 million EUR in energy bill subsidies

The SDSM – DUI group in Parliament rejected a request from VMRO-DPMNE that 250 million EUR are set aside to subsidize households and companies to help them pay their energy bills under the higher price expected next year. We proposed subsidies of 250 million EUR that would prevent new price shocks...
Macedonia 01.12.21 | 15:27

Government will ask Parliament to extend the state of energy crisis for six more months

The Zaev Government will ask Parliament to extend the state of energy crisis for six more months. This will allow the Government to impose measures such as transferring funds to publicly owned energy companies who are purchasing imported electricity. Domestic electricity production in Macedonia is at...
Macedonia 01.12.21 | 13:14

VMRO-DPMNE wants the state of energy crisis to be extended

VMRO-DPMNE Vice President Vladimir Misajlovski called on the other parties and the Parliament leaders to convene a session and discuss extending the state of energy crisis for an additional month. This condition, that has been used to cover the losses of the state owned energy companies as domestic electricity...
Economy 27.11.21 | 16:42

Energy crisis: Zaev pins hopes on a large, French funded solar project

Zoran Zaev announced in a Facebook comment that the French Akuo Energy company will fund a large solar energy project near Stip. According to Zaev, the Stipion project will supply 116,000 households with its installed 350-400 MW capacity. It should begin to get online in 2022. This is the second large...
Economy 17.11.21 | 10:17

REK Bitola is operating at just 15 percent of its capacity

The VMRO-DPMNE party warns that REK Bitola – Macedonia’s by far largest electricity generating capacity – has only one of its three coal fired generators operation, and even that is working at minimum capacity. For days, the plant is generating electricity at 15 percent of its total...
Macedonia 15.11.21 | 09:44

Energy crisis: One of the Bitola generators is back online

The ELEM energy company announced that it was able to turn on one of the three generators at the REK Bitola coal plant yesterday. This will provide some much needed domestic production, as Macedonia is reduced to import most of its electricity at a very high price. The plant – Macedonia’s...
Macedonia 14.11.21 | 13:27

Energy crisis: Lake Tikves is almost drained

Lake Tikves, one of the artificial lakes built on Crna river that provide hydro energy, is almost empty. VMRO-DPMNE official Cvetan Tripunovski held a press conference on the shore of the lake today, to raise alarm about the poor state it and other such artificial lakes are in. Water levels are just...
Economy 14.11.21 | 13:22

Energy crisis: Industrial zones agency introduces cosmetic measures to save electricity

The TIRZ agency for promotion of foreign investments announced that it is introducing minor measures meant to reduce energy consumption. The measures include turning off street lights in parts of the industrial zones across the country and turning of the signs on TIRZ offices. Macedonia faces a major...
Economy 14.11.21 | 13:11

Energy crisis: 65 million EUR set aside for emergency electricity imports

Finance Minister Fatmir Besimi said that the Ministry paid 4 billion denars (65 million EUR) to the ELEM company for emergency purchases of electricity. ELEM is Macedonia’s main state owned energy producing company, and is currently completely failing at its job due to corruption and mismanagement...
Economy 10.11.21 | 19:45

Electricity prices will go up in January

Electricity prices will go up in January, said Marko Bislimovski, head of the RKE Energy Regulatory Commission. Macedonia is facing a serious lack of electricity, as the main REK Bitola coal mine is out of service due to mismanagement and corruption and the artificial lakes supplying hydro plants are...
Economy 09.11.21 | 20:43

The energy crisis is about to get much worse, former coal plant director warns

The energy crisis in Macedonia will get much worse, given that the heating seasons is just beginning, said Spiro Mavrovski, former director at the REK Bitola coal plant, which is Macedonia’s main energy producing facility. The plant is almost out of coal, due to poor planning and mismanagement...
Economy 08.11.21 | 22:30

As domestic energy production collapsed, Macedonia is forced to turn to expensive imports

The ELEM energy company purchased electricity for 5.5 million EUR last week, and now it is looking for new offers, to cover between two and three days of domestic consumption for 1.1 million EUR. The demand is expected to continue, as ELEM’s main generating capacity, the REK Bitola coal plant,...
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