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Slight Electricity Price Increase Predicted in Macedonia
Macedonian Prime Minister Hristijan Mickoski predicts a minimal increase in electricity prices in January, attributing it to the improved financial condition of the state-owned power company ELEM. He expects a price increase of 1-3%, unlike other European countries.
Macedonian
Germany
PoliticsEconomyGermany Energy SecurityEnergyPricesMacedonia
ElemEvnRegulatory Commission For Energy (Rke)Universal Supplier
Hristijan MickoskiMarko Bislimovski
- What is the current price of electricity supplied by ELEM to EVN?
- The current price for electricity supplied by ELEM to EVN for end consumers is 60 euros. The final price increase will depend on ELEM's upcoming offer to the Universal Supplier, expected by Friday.
- What measures have been taken to improve ELEM's financial situation?
- ELEM's financial state has improved significantly over the past four to five months, with actions taken to consolidate the company and secure coal and natural gas supplies at more favorable prices.
- What steps has the government taken to mitigate potential economic risks?
- The government has taken steps to mitigate potential economic risks, including securing a 250 million euro loan from Hungary to support the business sector and addressing the challenges of the energy crisis.
- What is the Prime Minister's timeline for the complete consolidation of ELEM?
- Mr. Mickoski anticipates ELEM to be fully consolidated by the end of 2025 or the beginning of 2026, suggesting that significant price increases are unlikely in the near future.
- What is the Prime Minister's prediction regarding the electricity price increase in January?
- Prime Minister Hristijan Mickoski expects a minimal increase in electricity prices, ranging from 1 to 3 percent, starting January 1st. He attributes this to the recent consolidation efforts of the state-owned power company, ELEM.