Energy Market Reforms Brighten North Macedonia’s Future

Speeches Shim

At the core of a country’s journey to self-reliance, energy security is fundamental for progress. North Macedonia has come a long way since independence in 1991, establishing itself as a free-market democracy. More recently, energy reforms position the country for greater energy security.

Energy reforms began in late 2017, when the USAID Development of Regional Energy Markets (D-REM) supported the Government of North Macedonia to draft the new energy law.  The Energy Law was adopted in May 2018, and subsequently, over 50 associated by-laws launched reforms in the energy market, fully harmonizing the country’s energy legislation with European Union (EU) regulations and Energy Community (EnC) requirements based on principles of competition, transparency, and non-discrimination.

 

Issuing Country 
Date 
Wednesday, August 12, 2020 - 12:45pm