North Macedonia: AFD awards...

The French Development Agency (AFD) has granted North Macedonia’s electricity transmission system operator...

Region: Greece and Italy...

Greece and Italy have advanced plans for their second electricity interconnection, GRITA2, following...

Bulgaria boosts power generation...

According to data published by Bulgaria’s electricity transmission system operator ESO, the country’s...

Bosnia and Herzegovina awaits...

Both entities of Bosnia and Herzegovina — the Republic of Srpska (RS) and...
Supported byClarion Energy
HomeSEE Energy NewsMacedonia, ESM -...

Macedonia, ESM – 72 million euros for TE-TO, 34 million for electricity supply

Vasko Kovacevski, CEO of AD ESM, presented the items on which the government in Skopje spent 171 million euros during the energy crisis, in the period from the end of last year to April 1.

The most money – about 72 million euros was paid to the cogeneration power plant TE-TO. Of this amount, EUR 65.9 million was paid for the purchased 300 GWh of electricity, while EUR 5.87 million was paid for gas, ie thermal energy for central heating.

EUR 34.43 million was paid for the import of 127 GWh of electricity to cover losses. 12 million euros were transferred to the transmission operator MEPSO for the withdrawn energy.

For the purchase of fuel oil for the needs of TPP Negotino, a thermal power plant that was launched after a long break, 31.72 million euros for 53 thousand tons were paid in the heating season.

In the part of procurement of coal from private companies, outside the mines owned by AD ESM, 2.8 million euros were spent.

ESM would have made a profit of 193 million euros if it had sold 40% of the electricity on the free market, which it was obliged to sell to a universal supplier, Kovacevski said.

He added that the contracts with TPP Negotino and TPP Skopje ceased to be valid on April 1.

Source: faktor.mk

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

North Macedonia: AFD awards €600,000 grant to MEPSO to modernize and digitalize power grid

The French Development Agency (AFD) has granted North Macedonia’s electricity transmission system operator MEPSO 600,000 euros to support the modernization and digitalization of the country’s electricity transmission network. The non-repayable funding will provide technical assistance aimed at improving system efficiency,...

Region: Greece and Italy advance GRITA2 project to triple cross-border electricity capacity

Greece and Italy have advanced plans for their second electricity interconnection, GRITA2, following the inaugural meeting of the Steering and Governance Committee in Rome last week. The two transmission system operators, ADMIE and Terna, have already made substantial progress. GRITA2...

Croatia: CROPEX records all-time high day-ahead trading volume of 50,747 MWh

At the day-ahead auction held on 20 October 2025 on the Croatian electricity exchange CROPEX for delivery on 21 October, the total traded volume on the day-ahead market reached 50,747.1 MWh. The highest hourly volume was recorded in the...
Supported byVirtu Energy
error: Content is protected !!