As the year comes to an end, we take a moment to reflect on the incredible journey 2024 has been for all of us at MEMO...
According to data from the National Electricity Market Operator (MEMO), in November 2024, transactions by market participants to meet the total consumption in the Republic of North Macedonia, or gross consumption, amounted to 658 GWh.
To meet the country’s total electricity consumption, excluding losses, i.e., net consumption, 536 GWh of electricity was sold, of which 61% was to tariff customers supplied through the universal supplier, 32% to supplied customers, and 6% to customers registered on the wholesale electricity market.
On the electricity market, transactions from domestic production amounted to 542 GWh, with ESM contributing the largest share at 297 GWh or 55%. This was followed by independent producers with 178 GWh, or 33%, virtual producers with 43 GWh, or 8%, and privileged producers using the preferential tariff for electricity with 24 GWh, or 4%.
Of the domestic production, 75%, or 406 GWh, was sold to meet gross consumption, and 25%, or 136 GWh, was declared for export.
The gross electricity transit amounted to 434 GWh, with net transit at 404 GWh and counter trading at 30 GWh.
More detailed information can be found at the following link: https://www.memo.mk/?page_id=242753.