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Macedonia energy report

This analysis includes a comprehensive Macedonia energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2018 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.

Macedonia energy report
Update: 
March 2020
Format: 
3 files (PDF report, 2 Excel files)
Pages: 
28 (Report only)
Delivery: 

Immediate by e-mail

Price: 
 790 € 

Price without VAT. Depending on your statute and location, VAT might be applicable. Get in touch with us for more information.

After validation, you will immediately receive 3 files by email (one pdf report and 2 excel files containing the datasets).

 

Abstract

  • Institutions & Energy Policy

    North Macedonia is a small republic resulting from the break-up of former Yugoslavia, independent since 1991. It changed its name in 2019 from FYROM (Former Yugoslav Republic of Macedonia), ending a decades-long dispute with Greece. North Macedonia aspires to join the European Union (EU) and, accordingly, is in the process of harmonising and privatising its energy sector.

  • Energy Supply

    Gas:

    All the gas is imported from Russia (255 mcm in 2018 and 297 mcm in 2019) through the international corridor 8 through Ukraine, Moldova, Romania, and Bulgaria at Zidilovo (capacity of 655 mcm/year). The Klecovce­-Negotino gas pipeline was completed in 2016.

  • Energy Prices

    Oil:

    Maximum product prices are set by the ERC and are updated every two weeks. They have been following global trends, falling between 2012 and 2016 (-7%/year for gasoline and -10%/year for diesel) and recovering since then (+4%/year and +8%/year, respectively). In March 2020, they stood at around MKD55.5/l (around €91c/l) for gasoline and MKD48.5/l (around €79c/l) for diesel.

  • Energy Consumption

    In 2018, the country's energy consumption per capita was 1.2 toe, which is 57% below the European average, including 3 000 kWh of electricity (45% below the EU average).

  • Issues & Prospects

    According to the Strategy for Energy Development of the Republic of North Macedonia until 2040 (2018), primary energy consumption will grow at an average annual rate of 3.2% between 2017 and 2040 to 5.4 Mtoe, while final energy consumption will increase by 2.7%/year to 3.3 Mtoe.

Table of Contents

  • GENERAL OVERVIEW
  • INSTITUTIONS AND ENERGY POLICY
  • ENERGY SUPPLY
  • ENERGY PRICES
  • ENERGY CONSUMPTION
  • ISSUES AND PROSPECTS
  • DATA TABLES
  • ABBREVIATIONS
  • GLOSSARY

Download the Table of Contents

List of Graphs

Below is a list of the Macedonia energy market report graphs:

  • GRAPH 1: CO2-energy Emissions (MtCO2)
  • GRAPH 2: Installed electric capacity by source (2018 %)
  • GRAPH 3: Gross power production by source (TWh)
  • GRAPH 4: Power generation by source (2018, %)
  • GRAPH 5: Gasoline & diesel prices (US$/l)
  • GRAPH 6: Consumption trends by energy source (Mtoe)
  • GRAPH 7: Total consumption market share by energy (2018, %)
  • GRAPH 8: Final consumption market share by sector (2018, %)

List of Tables

In the Macedonia energy market report you will find the following tables:

  • Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
  • Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source
  • Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
  • Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.

Data (Excel Sheet)

The Macedonia energy market data since 1990 and up to 2018 is included in the Excel file accompanying the Macedonia country report.
It showcases the historical evolution, allowing users to easily work with the data.

Key Data included in the excelsheet:

  • Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
  • Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
  • Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
  • Energy Balance: total and per energy.
  • Macedonia Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Macedonia energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).

The Macedonia country report is complemented with a national power generation dashboard (excel file) from our Power Plant Tracker Service.

Data included in the excelsheet:

  • New capacities: Current power mix, installed capacity at date, capacity under construction and under development.
  • Power Sector Performances: Historical data on installed capacity, power generation, thermal power plants inputs, average thermal power plant efficiency, CO2 emissions of the power sector, carbon factor of the power sector.

 

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