Skopje, 7 November 2024 (MIA) - It is too early to talk about what the price of electricity will be after January 1, 2025, the tenders haven’t been completed yet, some of them haven’t even been launched, so it would be wrong to speculate about the price now. However, I don’t believe we will have any problematic decisions that would impact the budgets of households, the head of the Energy Regulatory Commission (ERC), Marko Bislimoski, said Thursday.

“The most important elements that will impact the decision that will be in place from January 1 are the expenses for the procurement of electricity to cover losses in the transmission and distribution grid, and they will depend on the expenses for the procurement of electricity that will be determined by the universal supplier. These costs largely depend on the prices offered at the tenders. I have always opposed any extreme shocks in terms of the price of electricity, so I don’t expect that we will have any problematic prices this time either,” Bislimoski said.

The head of the ERC underscored that the country registered a record low level of imported electricity in 2023 at 2.75 percent.

“Above all this is owing to the fact that around 900 megawatts of new production capacities were constructed in the past three years which are producing electricity from sun and wind. So, 2023 was a year where we had a record low level of imported electricity. Based on the data we have now, I believe that 2024 will also be on that level as well, and in the coming period Macedonia will largely manage to cover its electricity needs, mainly due to the investments in renewable energy,” Bislimoski said. 

Photo: Screenshot