Weekly energy market update:...

Brent oil futures for the Front Month on the ICE market reached their...

Europe: Electricity prices stable...

During the fourth week of November, electricity prices in most major European markets...

Europe: Southern demand rises...

During the week of November 24, electricity demand showed a contrasting pattern across...

Europe: Solar production declines...

During the week of November 24, solar photovoltaic (PV) energy production declined in...
Supported byClarion Energy
HomeUncategorizedNorth Macedonia: EDS...

North Macedonia: EDS cuts net loss in 2023

Macedonian electricity trader and supplier, Energy Delivery Solutions (EDS), recorded a net loss decline to 20.1 million denars (326,811 euros) in 2023, compared to a minus of 645 million denars a year earlier, EDS said in a filing with the Macedonian Stock Exchange (MSE).

In the same period, operating revenue decreased by 32.8% to 4.899 billion dinars while operating expenses dropped 37.9% to 4.907 billion dinars.

EDS Group provides electricity to large industries and businesses. Its customer portfolio includes 40% of corporations with more than 50 employees, with a total capacity of 320 MW.

Greece’s Public Power Corporation (PPC) acquired EDS in 2018.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Europe: Electricity prices stable in late November amid mixed renewable output and demand fluctuations

During the fourth week of November, electricity prices in most major European markets remained relatively stable compared to the previous week, with the highest daily values occurring at the beginning of the week. In many markets, the weekly average...

Europe: Southern demand rises while northern markets see declines in late November

During the week of November 24, electricity demand showed a contrasting pattern across major European markets, increasing in southern regions while declining in northern ones. Specifically, demand in Italy, Spain, and Portugal rose by 5.3%, 4.3%, and 4.0%, respectively....

Europe: Solar production declines while wind output rises in late November markets

During the week of November 24, solar photovoltaic (PV) energy production declined in most major European electricity markets compared to the previous week. The German market experienced the largest drop, falling 54%, followed by France (13%) and Spain (10%)....
Supported byVirtu Energy
error: Content is protected !!