Macedonia is poised to transform from an energy importer to a key transit center for gas and a net exporter of electricity, according to Valentin Manasievski. This shift is attributed to a radical turnaround in the energy sector following years of stagnation.

The construction of new gas interconnectors with Greece and Serbia will position Macedonia as a crucial transit point for natural gas destined for Serbia and Central Europe. The country will facilitate the transfer of gas from the TAP pipeline and the Alexandroupolis terminal, with a capacity of up to 3 billion normal cubic meters per year.

This development is expected to ensure energy diversification for the entire region and significantly increase the utilization of non-Russian gas sources, including American and Azerbaijani gas.

Furthermore, Macedonia is laying the groundwork to become a net exporter of electricity, transitioning from its previous status as a net importer. Plans are underway for major electricity generation projects involving photovoltaics, hydro, and wind power, attracting new investments in the sector.

The new Energy Law aims to stabilize the energy sector, and a requirement for battery systems in photovoltaic plants is expected to enhance grid efficiency and stability.

In addition, a new 400kV transformer has been installed in Bitola 2 to ensure the stability of the southwestern part of the country. The concession fee for mines has also been increased, leading to a direct boost in state budget revenues.