687.ANALYSIS OF PRODUCTION CAPACITIES AND SUSTAINABILITY OF THE ENERGY SECTOR OF THE REPUBLIC OF NORTH MACEDONIA USING THE ENERGYPLAN SOFTWARE

Abstract

The energy sector of the Republic of North Macedonia faces considerable challenges in achieving sustainable transition and reducing greenhouse gas emissions. Using the EnergyPLAN software, various scenarios were analyzed to evaluate the potential for a complete phase-out of coal and oil-fired thermal power plants, replaced by renewable sources and new natural gas cogeneration plants. The results indicate that increasing the share of renewables significantly enhances energy security and contributes to CO₂ emissions reduction, aligning with set climate targets. These findings highlight the need for a strategic approach to modernizing the energy sector, which would foster long-term sustainability, reduce dependence on energy imports, and enable greater energy independence for North Macedo-nia.