North Macedonia adex energy

All set for intraday electricity market in Serbia

The idea is for ADEX to be a one-stop shop for clients, he said and asserted it was agreed it would provide services to power exchanges in Montenegro and North Macedonia. "ADEX is the vision of a regional trading platform, and we are open to cooperation with the power exchanges of Central and Southeastern European countries," Mladenović said.

North Macedonia to roll out ecotax for oil, slash VAT for electricity to

North Macedonia to cushion blow to poor households with social programs "We will develop all social programs so that in 2022, 2023 and 2024 the poorest citizens will be ready to easily overcome all the energy changes that will come with the transition from coal-fired power plants to green energy such as photovoltaics and windmills," Zaev

Electrical energy news from 13 countries of the Balkan region

HUPX merges into regional power exchange ADEX. Romania risks power outages as import capacity is nearing its limits 09 December 2024 - Akuo sold green bonds worth EUR 194 million to old partners and new institutional investors for green energy plants and 03 December 2024 - Without securing exemptions, Montenegro, BiH, North Macedonia

North Macedonia to cancel Čebren deal with PPC,

North Macedonia is set to annul the tender in which Greek companies PPC and Archirodon were selected for the Čebren pumped storage hydropower project. years after the start of the 14th attempt to find a partner

North Macedonia, General Electric in talks to build gas power

The new investments in the energy sector are part of North Macedonia''s strategy to phase out coal and switch to power production from renewables and natural gas. 10 December 2024 - ADEX Group completed the merger with Hungarian Power Exchange (HUPX), becoming its sole shareholder. The holding includes BSP and SEEPEX

North Macedonia eyes first market coupling with some EU

With the help of the Energy Community Secretariat, North Macedonia signed a memorandum of understanding on market coupling with Bulgaria in 2018, and a similar one last year in Athens with Greece, In the meantime, Serbia''s SEEPEX first joined forces with the Slovenian power exchange to establish ADEX,

International Conference ENERGY 2022 from 21 to 23 September

International conference ENERGETIKA 2022 will be held from September 21 to 23 in Struga, at Lake Ohrid in North Macedonia. The event is organized by the Macedonian Energy Association of Professionals – ZEMAK.

North Macedonia launches just energy transition

"We are very proud to be a partner of North Macedonia in this innovative country-led platform, which blends government commitment, international support and private finance to accelerate a just energy

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2 天之前· The leading sustainable energy and green economy news provider in the Balkan region. Search. x. Srpski; English; About Us; Subscribe; 29 November 2024 - North Macedonia should have 100-120 new electric buses by the next heating season, 10 December 2024 - ADEX Group completed the merger with Hungarian Power Exchange (HUPX), becoming its

North Macedonia Archives

North Macedonia''s ESM seeks contractor for solar power project on coal land. Mickoski: Investor interested in building cogeneration facility in North Macedonia 24 June 2024 - New Minister of Energy, Mining and Mineral Raw Materials Sanja Božinovska indicated that North Macedonia would revise four proposed strategic partnerships. Renewables.

North Macedonia

North Macedonia came out of the winter-2022 energy crisis, driven in part by the war in Ukraine and lack of diversity in gas suppliers, with a better appreciation for the importance oof resilience and redundance in the energy sector. While there were no other major energy legislative changes, North Macedonia continues to harmonize its

Greek Mytilineos awarded strategic investment status for gas CHP

North Macedonia has been selecting strategic investment projects with the aim to speed up the construction of power plants and increase domestic energy production. The gas power plant project is also part of the country''s strategy to

Natural gas, electricity markets spark concern for winter

Serbia''s energy sector is ready for the winter. Still, the developments in the natural gas and electricity markets, driven by the situation in Ukraine, spark a concern regarding gas prices and availability, the country''s minister of mining and energy Dubravka Đedović Handanović said at the ministerial meeting of the Central and South Eastern Europe Energy

Hungary, Serbia and Slovenia Agree to Integrate Electricity

High-voltage electricity pilons pictured at dusk near Paks, Hungary, 22 June 2018. Photo: EPA-EFE/TAMAS SOKI HUNGARY OUT. Directors of the transmission systems of Serbia, Hungary and Slovenia and

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Clearing Service in North Macedonia 2023. The result marks the first significant and concrete result of the synergy created within the ADEX Group. New market enables energy traders to buy and sell electricity in real-time, providing greater flexibility and efficiency in the management of energy supply and demand.

Electrical energy news from 13 countries of the

Greece and North Macedonia to cooperate on fossil fuel supply

Mitsotakis pointed out that his country can contribute to the energy supply to North Macedonia using the infrastructure it is developing. HUPX merges into regional power exchange ADEX. 10 December 2024 - ADEX Group completed the merger with Hungarian Power Exchange (HUPX), becoming its sole shareholder. The holding includes BSP and SEEPEX

EU approves Western Balkans reform agendas including auction

North Macedonia aims for 0.8 GW of new solar, wind power capacity. North Macedonia said it would increase solar and wind power capacity by at least 0.8 GW by June 2027 in line with its NECP and targets agreed within the Energy Community. The government vowed to gradually decrease public intervention in power prices to 30% by June 2027.

GGF-backed Bogoslovec wind farm is model for green

It is the second wind farm in North Macedonia. GGF said that Bogoslovec, its first equity investment, is a model for future renewable energy projects. BNB Kompani, Thor Impex''s majority shareholder, already had

Announcement of establishing the regional power exchange for

The new power exchange is named Alpine-Adriatic Danube Power Exchange – ADEX, with the company''s headquarters in Ljubljana. ADEX will offer harmonised one-stop-shop spot power trading services in Slovenia and Serbia, with the ambition to also extend business and services to other countries in the Central and South-Eastern European (CSEE

North Macedonia: Energy Country Profile

North Macedonia: Energy intensity: how much energy does it use per unit of GDP? Click to open interactive version. Energy is a large contributor to CO 2 – the burning of fossil fuels accounts for around three-quarters of global greenhouse gas emissions. So, reducing energy consumption can inevitably help to reduce emissions.

Serbia picks EDF, Egis for study on introduction of nuclear energy

Serbia awarded a contract to EDF and Egis Industries for a study that would examine the possibility of nuclear energy use. Search. x. Srpski; while Turkey is about to commission its first facility. All are preparing more projects including some for SMRs. North Macedonia is also considering the possibility of deploying small modular reactor

EU readies list of criteria for recognizing Energy Community''s

A roadmap is being finalized to allow guarantees of origin from the Energy Community contracting parties to be recognized in the EU Union. The roadmap sets a list of criteria the parties including Albania, Bosnia and Herzegovina, Kosovo*, Montenegro, North Macedonia and Serbia have to meet. 10 December 2024 - ADEX Group completed the

Bulgarian, Slovenian, local firms to install solar PV plants in North

Six companies registered domestically, two from Bulgaria and one from Slovenia were awarded the right to construct solar photovoltaic (PV) power plants with an installed capacity of 35 MW on state land and receive feed-in premiums in North Macedonia. North Macedonia''s government launched a tender in June for the construction of PV plants on

Trading at ALPEX power exchange to start in second half of 2023

Trading rules in North Macedonia to be adopted by end-February. In another update, the National Electricity Market Operator (MEMO) of North Macedonia, the country''s nominated electricity market operator or NEMO, revealed the preparations for the opening of a day-ahead market there are going according to plan.

Hungary to join Slovenian-Serbian power exchange ADEX in few

Of note, the Slovenian and Serbian transmission system operators – ELES and Elektromreža Srbije (EMS) – founded the ADEX exchange in December 2022 with European company EPEX Spot. Đedović Handanović said regional cooperation is the key to achieving energy security and pointed to Serbia and Hungary as a good example.

North Macedonia''s MEMO launches domestic day-ahead power

It is envisaged as one of the key elements of a future Western Balkans energy market, integrating into the European internal market. Chief Executive Officer of the National Electricity Market Operator MEMO Simon Shutinoski said the first day of trading at the day-ahead power exchange in North Macedonia went smoothly. The average price landed at

Innovative model for empowering Macedonian power utility

The energy crisis in North Macedonia is reaching dramatic proportions. In August, the government decided to extend the state of energy crisis until April 2023 in an effort to increase electricity production, avert market disturbances, and protect vulnerable groups. 10 December 2024 - ADEX Group completed the merger with Hungarian Power

Adex Merger Creates Central and Southeast Europe''s

This merger into Adex creates the region''s most liquid spot electricity trading hub, a strategic move aimed at fostering energy transition and unifying fragmented markets. Adex, now the sole shareholder of BSP, HUPX, and SEEPEX, is set to enhance market participation efficiency through a unified service model. This Budapest-headquartered entity amalgamates

North Macedonia adex energy [PDF]

6 FAQs about [North Macedonia adex energy]

What is North Macedonia's Energy Development Strategy?

North Macedonia’s draft Energy Development Strategy until 2040 is the first to comply with the rules of national energy and climate plans in the Energy Community, the Energy Community Secretariat said following the draft’s presentation. The document is also in line with the five dimensions of the EU Energy Union.

What is North Macedonia's just energy transition investment platform?

North Macedonia today launched a just energy transition investment platform to guide its far-reaching plans for a low-carbon and just transition of the electricity sector.

Should North Macedonia accelerate the transition to renewables?

Like others in the region, North Macedonia must balance its need to rapidly accelerate the transition to renewables to secure its energy future with the need to ensure that future is one where both the country’s nature and people thrive.

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.

Did North Macedonia change its energy regulations?

There were no major energy legislative changes, but North Macedonia continued to harmonize its energy regulations with the EU Energy Community’s Third Energy Package (TEP). North Macedonia’s state-owned power company was unbundled and partially privatized in the early 2000s.

Does North Macedonia need a coal phase-out?

Even though the country has historically been dependent on lignite coal mining for around 30% and gas imports for an additional 15% of its electricity production, it has nonetheless set very ambitious goals for decarbonization. As part of the Powering Past Coal Alliance, North Macedonia has committed to a coal phase-out by 2027.