Page 131 - bne IntelliNews Southeastern Europe Outlook 2025

While executing the Gvozd wind farm project, Nordex is also developing the Gvozd II wind park project that will have an installed capacity of 20 MW.
The planned investments for 2025-2027 also include the eighth aggregate to be installed at the Perucica HPP. That project will be funded by the German development bank KfW.
The company will also continue investing in the Solar 5000+project, which envisages the installation of photovoltaic panels on residential buildings.
Meanwhile, EPCG decided to kick off a project for the development of battery electric storage systems (BESS), which would bolster the country’s renewable energy capacity. A public call for the preparation of a feasibility study and conceptual solution should be launched.
EPCG aims to optimise the utilisation of renewable energy sources (RES) through the integration of advanced battery storage systems. The primary focus is to enhance the flexibility of the power grid by deploying lithium-ion-based battery systems that can store excess energy generated from renewable sources.
The project will leverage Montenegro's existing infrastructure for connection to the transmission grid, with several key locations identified for BESS installations.
The project terms of reference outline several key locations for the installation of battery electric storage systems: HPP Perucica with a storage capacity of 60 MWh, EPCG Zeljezara Niksic, which will feature two systems of 60 MWh each, and TE Pljevlja with a capacity of 60 MWh.
Furthermore, a BESS with a 5-MWh capacity is planned for SE Kapino Polje, complementing its existing installed capacity of 5 MW.
7.8 Energy & Power – North Macedonia
North Macedonia primarily depends on fossil fuels, including low-grade lignite and gas, along with hydropower, and is reliant on electricity imports.
Fossil energy sources account for over half of the electricity generation, approximately 58%, with imports making up about 22.5%. Low-carbon sources, such as hydro and wind, contribute only around 19% to the overall electricity mix.
North Macedonia’s gross electricity generation increased by 15.3% year-on-year, reaching 6,826 GWh in 2023. However, in September 2024, gross electricity generation fell by 7.6% y/y to 389.7 GWh, with domestic production accounting for 99.9% of the country’s total electricity consumption, according to statistics office data released on November 25.
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