• Monday, 17 June 2024

ERC: Country on the threshold of becoming energy independent

ERC: Country on the threshold of becoming energy independent

Skopje, 30 April 2024 (MIA) – Only 2.75% of the country’s needs for electricity was secured by importing it last year, show data of the 2023 Annual Report of the Energy Regulatory Commission (ERC), sent to the Parliament.

“After 32 years of being an independent republic, we can finally announce we’re on the threshold of becoming an energy independent country when it comes to electricity. Data of investments in photovoltaic power plants, an increase in the installed capacity by 251 percent compared to 2022, show import was reduced from 30 percent to 2.75 percent. This achievement has a comprehensive effect aimed at energy transition as well as at reducing the deficit,” Energy Regulatory Commission President Marko Bislimoski says, according to a press release. 

2023 recorded a rise in the export of oil derivatives, namely export of gasoline increased by 139.53 compared to 2022, export of jet fuel increased by 38.41 percent and export of diesel increased by 2.31 percent, says the press release noting that it is a confirmation that the country has the lowest price of fuels. 

The level of non-revenue water remains high at 62.29 percent and the Energy Regulatory Commission insists that the body should be given full jurisdiction to regulate the final price of water, says the press release. 

Photo: MIA archive