Macedonian Power Exchange Reaches 35 Active Daily Trading Participants

We have reached 35 participants trading daily on the Macedonian Power Exchange.

MEMO Ltd has made significant contributions to modernizing the Macedonian energy sector by implementing the best European practices in electricity trading.

We focus on successfully integrating the Macedonian electricity market into the single European market. We are committed to advancing market coupling with the power exchanges of neighboring countries and EU member states. This approach aims for a more efficient distribution of transmission capacities and enhances the competitiveness of electricity markets, ultimately leading to lower prices by directing electricity to regions where it is most needed and ensuring optimal resource utilization.

MEMO strongly advocates for strengthening integration through existing market coupling mechanisms, increasing transmission capacities, and improving the regulatory framework to ensure fair and transparent operations for all participants in the electricity market.

With the support of key stakeholders in the energy sector, including companies, national institutions, and our international partners, we are confident in achieving our goal of market coupling. This will enhance the synergy between existing power exchanges and infrastructure in the region.

We extend our gratitude to all esteemed participants along with domestic, regional, and European trading companies, for contributing to the reliability and competitiveness of our energy market!

https://dam.memo.mk