Tag: energy
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,...
Macedonia 04.11.21 | 09:25

Macedonia is on the verge of an energy crisis

Macedonia is on the verge of formally declaring an energy crisis, as both coal and hydro supplies are greatly reduced, and prices for importing electricity at the regional market are still very high. Economy Minister Kresnik Bekteshi said that the state of crisis will be formally declared early next...
Economy 26.10.21 | 21:19

Nikoloski: Macedonia faces rolling blackouts just as winter is about to start

VMRO-DPMNE Vice President Aleksandar Nikoloski campaigned in Bitola today together with the party’s mayoral candidate Toni Konjanovski, ahead of one of the key races in the second round of the elections. With reserves of coal at the strategically important REK Bitola power plant apparently all...
Macedonia Economy 25.10.21 | 18:22

Zaev’s Government assures households that there will be enough electricity for the winter

The Zaev Government issued a statement assuring the citizens that they will not face blackouts amid serious warnings that the energy reserves are almost gone. Mismanagement in the REK Bitola plant, which is apparently left without enough coal and is running at minimum capacity, and the low water levels...
Macedonia Economy 15.07.21 | 10:47

Mickoski promises to increase energy production by 60 percent and keep the two main coal plants open until 2040

VMRO-DPMNE leader Hristijan Mickoski discussed ways to clean up air pollution in Skopje and lower the spiking energy bills during his meeting with supporters in Gazi Baba yesterday. Mickoski said that the future VMRO led Government will ensure free access to the developing natural gas network for half...
Macedonia Economy 02.06.21 | 11:37

Inflation watch: Electricity prices will go up as much as 5 percent next week

Electricity prices will go up by as much as 5 percent, confirmed Marko Bislimoski from the Energy Regulatory Commission. The decision will be made next week, and it will come after the increase of 7.4 percent last year, adding to the inflation worries. State owned and public energy companies demanded...
Macedonia Economy 28.05.21 | 18:09

Calls to hike electricity prices by at least 5 percent

Several state run and private energy market operators demanded a hike in electricity prices, of at least 5 percent. MEPSO, the company tasked with maintaining the high voltage transmission system, is leading the push for a price hike before the Regulatory Energy Commission. If approved, the demand would...
Macedonia Economy 25.05.21 | 16:11

Domestic sources provided 73,2 percent of all electricity needs in March

Domestic electricity production covered 73,2 percent of all consumption in March, the State Statistics Bureau informed. This is a slight improvement compared to the previous months, but also below the summer period, when domestic production accounted for a far greater share of used electricity. Macedonia...
Economy 21.12.20 | 13:04

Zaev: 2021 is the year of the new Macedonian energy!

2021 is also the year of the new Macedonian energy!, announced Zoran Zaev, during the presentation of the projects and programs of the government’s “Action 21” initiative. We are closely following the trends and policies of the EU regarding the energy transition and the goal that by...
Macedonia 16.11.20 | 12:16

Dry autumn will cause a new energy price hike, expert warns

A new price hike is in the offing, professor Kostantin Dimitrov warns, as Macedonia is facing a very dry autumn, and any of the lakes we rely on ofr energy are at minimum levels. The state ordered an end to hydro power production due to low water levels, but other sources are not sufficient on their...
Macedonia Economy 02.10.20 | 20:44

US push to deliver Azeri and LNG gas to Macedonia

US Assistant Secretary of State for energy resources Frank Fannon met with Macedonian Government representatives today and pushed for connecting Macedonia on a proposed LNG terminal that should be built in Greece. Besides the LNG imports that would come through the terminal planned at the Greek port...
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