North Macedonia renewable energy milestones achieved in 2024
North Macedonia achieved a remarkable milestone by generating 55.72% of its electricity from renewable sources in the first three quarters of 2024, as reported by EPCG, the country’s foremost utility. Leading the charge in this green energy transition is hydropower, which contributed a significant 41.75% of the total electricity production.
Hydropower leads North Macedonia renewable energy mix
Hydropower has long been the cornerstone of North Macedonia’s renewable energy strategy, accounting for 41.75% of its total electricity generation. The nation’s largest power producer, Elektrani na Severna Makedonija (ESM), confirmed that hydroelectric plants are the mainstay of their renewable energy portfolio.
Besides hydropower, wind energy has begun to make its mark. The Bogdanci wind farm, a pioneering project in the country, contributed 4.57% to the total energy output in 2024. Furthermore, solar energy, although currently a smaller fraction of the mix, is on the rise. North Macedonia’s solar power plants accounted for 0.3% of total production, with the Eastern Solar Park (ESP) alone producing 2.3 GWh in 2024. ESM is actively developing these solar initiatives, underscoring the potential for future growth.
North Macedonia renewable energy accounts for 55.72% of electricity in 2024
During the first nine months of 2024, North Macedonia produced 2,080.60 GWh of electricity from renewable sources, representing a notable 55.72% of its total electricity production. This is a marked increase from previous years, highlighting the country’s shift towards sustainable energy. The remaining 44.28% was generated from traditional thermal power sources.
ESM’s extensive network of power plants has been pivotal in this transition. Their focus on expanding hydropower, wind, and solar energy capabilities has been instrumental in achieving these renewable energy targets. Impressively, ESM’s hydropower plants produced 1,555.57 GWh, demonstrating their efficiency and reliability. The Bogdanci wind farm also played a critical role, generating 170.10 GWh during the same period.
North Macedonia renewable energy capacity sees major expansion
As of January 1, 2024, North Macedonia boasted a renewable energy capacity of 1,090 MW, distributed across 674 MW from hydropower, 72 MW from wind farms, and 344 MW from solar power. The country continues to expand this capacity, with strategic plans to increase the share of hydropower, wind, and solar energy.
Investment in solar and wind projects has been robust, with ongoing modernization of existing hydroelectric facilities to boost efficiency and output. The nation’s renewable energy strategy benefits from strong government backing, substantial foreign investment, and the proactive involvement of ESM, all contributing to rapid infrastructure development.
Government’s commitment to North Macedonia renewable energy strategy
The North Macedonian government has been a staunch advocate for renewable energy, implementing various policies and incentives to increase its share in the national energy mix to 38% by 2030, as outlined in the National Energy and Climate Plan. The country’s commitment is also evident in its participation in regional and international initiatives aimed at promoting clean energy and reducing emissions. Collaborations with the European Union and other organizations further align North Macedonia’s energy policies with global climate objectives.
These advances in renewable energy not only enhance North Macedonia’s energy security by reducing dependency on fossil fuel imports but also signify a substantial reduction in the national carbon footprint. By diversifying its energy sources, North Macedonia is positioning itself as a leader in sustainable energy development within the region.
North Macedonia’s progress in adopting renewable energy underscores its dedication to sustainable development and environmental stewardship. With continued investments and supportive policies, the country is well on its path to becoming a regional trailblazer in renewable energy.