Tag: energy
World 21.10.22 | 10:10

Orban: We succeeded, all options for purchasing gas are open to us

European Union leaders agreed to work on a gas price cap to limit extreme price peaks after lengthy negotiations extended into the early hours of Friday morning in Brussels. We are going to establish a market correction mechanism exactly to limit episodes of excessive gas prices, European Commission...

Macedonia 02.10.22 | 11:16

VMRO-DPMNE will reveal details about a major energy scandal that involves the Government

VMRO-DPMNE announced that today it will present details about a major scandal involving the energy sector in Macedonia. Since last winter, Macedonia has been suffering from a major drop in energy production, especially in the key REK Bitola coal plant, and the opposition has pointed out that numerous...

Economy 04.09.22 | 16:37

What is the relationship between ESM, the Albanian state-owned KESH, ETMT Energy and the company from Tirana ENERTRADE?

VMRO-DPMNE leader, Hristijan Mickoski, published new data from the series in which he reveals how Macedonia, its citizens and ELEM, today’s ESM, are being robbed: What is the relationship between ELEM/ESM, the Albanian state-owned energy company KESH, the company ETMT Energy DOOEL Skopje (a favorite...

Economy 25.08.22 | 19:36

Macedonia declares state of crisis in energy sector, action to be taken in municipalities with power losses

Minister of Economy Kreshnik Bekteshi said a state of crisis in energy will be declared Thursday evening at the national level, coming into force on September 1. He also announced that he will ask the Ministry of the Interior and other competent institutions to act in all municipalities where there are...

Economy 23.07.22 | 11:50

Macedonia to face one of the toughest winters ever

Macedonia will be facing one of the toughest winters ever in terms of energy. The authorities claim that they are making every effort to provide enough electricity and natural gas and announce that they are planning to declare a state of crisis next month, but no restrictions are expected. The Minister...

Economy 04.06.22 | 11:03

Bekteshi attends meetings at the White House on energy security in the region

Economy Minister, Kreshnik Bekteshi, said during his visit to the White Houset hat Macedonia fully supports the geostrategic approaches to energy independence and security throughout the region. Under the leadership and close cooperation with our strategic partner US, we are committed to the plans for...

Economy 28.03.22 | 23:10

Energy crisis: Transition to renewable sources made it more difficult to switch back to coal, ELEM director says

Vasko Kovacevski, head of the state owned ELEM energy company, said that the transition to renewable energy, that was already underway, made it more difficult to switch back to burning fossil fuels this winter. Macedonia is now facing a major energy crisis due to insufficient coal reserves in the key...

Economy 03.03.22 | 20:27

Energy crisis: Gas lines are forming across Macedonia

Long lines have started forming at gas stations across Macedonia. Rumors that the regulated price of gasoline will be increased heavily in the coming days have enticed some gas stations to limit the amount of gas an individual motorist can buy. Telma TV, which is owned by the biggest chain of gas stations...

Economy 22.02.22 | 09:36

Energy crisis: Finance Minister Besimi asks for EU help, warns prices are about to spike

Finance Minister Fatmir Besimi warned that the crisis in Ukraine could further increase the energy prices. Besimi is in Brussels where he discussed the crisis with commissioners Varhelyi, Hahn and Gentiloni, and presented the dire energy crisis in Macedonia that predated the latest escalation in Ukraine. We...

Economy 09.02.22 | 10:10

Energy crisis: EVN Macedonia was given until July to pay for the electricity it distributed in December and January

The Kovacevski Government yesterday instructed the state owned ELEM/ESM energy company to give reprieve to the Austrian owned EVN Macedonia distributor. EVN will be able to wait until July to pay for the electricity it distributed – and charged from consumers – in December and January. The...

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...

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