North Macedonia expects to complete the first coupling of its organized electricity market with the market of one of the neighboring European Union member states in late 2026, Simon Shutinoski, chief executive officer of National Electricity Market Operator (MEMO) said.
Coupling electricity markets with EU countries is very important for the candidates for EU membership because they are gaining access to the European electricity market, according to Simon Shutinoski, state agency MIA reported.
Together with the representatives of other Western Balkan countries, EU institutions, and the Energy Community Secretariat, he participated in the Electricity Market Integration Forum at the European Parliament in Brussels. They discussed the plan for the integration of power exchanges in the Western Balkans with the EU, which should be prepared by June.
Shutinoski noted that North Macedonia has submitted its data and preparation plans.
MEMO established the country’s electricity exchange last year by launching a day-ahead market. The next step is to couple the market with a neighboring market, preferably in an EU member country, Shutinoski stressed, Balkan Green Energy News reported.
