What is spear power systems?

Spear Power Systems is at the forefront of providing advanced energy storage solutions designed to operate in harsh environments. With a potent blend of performance, reliability, and safety, our batteries provide optimized solutions for mission critical applications.

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.

How many power plants are there in North Macedonia?

The electric power production system in North Macedonia consists of two coal power plants with a total installed capacity of 825 megawatts (MW), several hydro power plants with a total installed capacity of 695 MW, one combined generation power plant, a heavy oil plant, a few solar power plants, a few biogas plants, and one wind power farm.

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.

How much solar power does North Macedonia have?

Solar power Built on a former lignite open pit mining site, North Macedonia's Oslomej solar park will have an installed capacity of 120 MW when fully completed. © Ciril Jazbec

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.