Supported byClarion Energy
HomeElectricityMacedonia, 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of 127 GWh of electricity to cover losses. 12 million euros were transferred to the transmission operator MEPSO for the withdrawn energy.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 byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

North Macedonia June generation drops 13.2% as solar output declines

North Macedonia’s gross electricity production decreased 13.2% year on year to 408,045 MWh in June. The figures were released against a backdrop of drought and high temperatures affecting system operation. Electricity from thermal power plants totaled 131,405 MWh, down...

Danube drought tightens Southeast Europe power supply as nuclear and hydro output fall

Extreme heat and exceptionally low Danube flows are tightening electricity supply across Southeast Europe, curbing nuclear and hydro generation while increasing reliance on fossil plants and cross-border imports. The constraints have affected multiple countries with generation tied to...

Serbia–North Macedonia gas interconnector enters implementation phase, linking to Greek LNG

Serbia and North Macedonia have moved their planned gas interconnector into the implementation phase. The project is designed to strengthen a northbound supply route connecting the Serbian market with Greek LNG infrastructure and the Southern Gas Corridor. Implementation agreement...
Supported byVirtu Energy