2nd
lowest energy consumption per capita in Europe
≡ Menu ≡
This analysis includes a comprehensive North 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 2020 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.
Immediate by e-mail
Price without VAT. Depending on your statute and location, VAT might be applicable. Get in touch with us for more information.
Highlights
2nd
lowest energy consumption per capita in Europe
50%
of the power mix from lignite in 2020
51%
share of oil in final energy consumption (2020)
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 (330 mcm in 2020) through the international corridor 8 through Ukraine, Moldova, Romania, and Bulgaria at Zidilovo (capacity of 655 mcm/year). The Klecovce-Negotino domestic gas pipeline was completed in 2016. In 2020, North Macedonia received gas deliveries from Bulgaria through the TurkStream gas pipeline from Russia to Turkey and extended to Bulgaria.
Energy Prices
Electricity:
The average electricity price is slightly lower in industry than in the residential sector. Prices have increased for industry by 11%/year since 2017 to €7.5c/kWh in 2020, whereas they have declined for households by 1.5%/year over this period to €8.1c/kWh in 2020.
Energy Consumption
In 2020, the country's energy consumption per capita was 1.2 toe, which is over 50% below the European average, including 3 055 kWh of electricity (40% below the EU average).
Total energy consumption decreased between 2011 and 2018 and then increased significantly in 2019 (+8%) to 2.8 Mtoe. In 2020, consumption dropped by 8%, back to 2018 levels at 2.6 Mtoe.
Issues & Prospects
According to the NECP, primary energy consumption will grow by 35% between 2017 and 2040 to 3.5 Mtoe, while final energy consumption will increase by 55% to 2.8 Mtoe.
Below is a list of the North Macedonia energy market report graphs:
In the North Macedonia energy market report you will find the following tables:
The North Macedonia energy market data since 1990 and up to 2020 is included in the Excel file accompanying the North Macedonia country report.
It showcases the historical evolution, allowing users to easily work with the data.
Key Data included in the excelsheet:
The North Macedonia country report is complemented with a national power generation dashboard (excel file) from our Power Plant Tracker Service.
Data included in the excelsheet:
Secured payment by