Price of solar energy application system in Macedonia

How many solar plants are there in North Macedonia?

This is a huge number for North Macedonia as the biggest solar plant at the moment is only 17MW, with the second biggest being 10MW. According to the RKE 2022 Annual Report, 267 new renewable energy power plants are currently in the works (with solar plants having the biggest part - 254 plants).

Does North Macedonia need electricity?

Although North Macedonia’s renewable energy potential is huge (especially solar), the country is still dependent on importing electricity –imported electricity constitutes around 30% of the overall gross consumption.

What is the cost of electricity in Macedonia?

The cost of electricity in Macedonia, March 2023 is 0.119 U.S. Dollar per kWh for households and 0.210 U.S. Dollar for businesses. This includes all components of the electricity bill such as the cost of power, distribution and taxes.

Which energy sources are used in North Macedonia?

At the moment, most of the electricity in North Macedonia is produced from thermal power plants with coal as the primary energy source. The share of the renewable energy sources in the total installed capacity in North Macedonia is 38%, with most of the renewable energy coming from large hydro powerplants.

How many energy licenses will Macedonia have in 2023?

Additionally, the Macedonian Regulatory Commission for Energy (“RKE”) has already announced that it issued 278 licenses for only six months in 2023, which is more than in the whole 2022. If all the issued energy licenses result in operational power plants, that would amount to 270MW of newly installed capacity.

What is the Macedonian national electricity market operator (memo)?

On 10 May 2023, the Macedonian National Electricity Market Operator (“MEMO”) rolled-out and started operating the day-ahead electricity market exchange. This market is envisaged as one of the key elements of a future Western Balkans energy market, integrating into the European internal market.