686.REVIEW OF THE REQUIRED LEGISLATIVE CHANGES TO FACILITATE N. MACEDONIA’S TRANSITION TO RENEWABLES

Abstract

North Macedonia’s recent steps towards clean energy have mirrored the country’s ambitions to join the European Union and have included a significant revamp of its 2030 energy development strategy putting a lot of emphasis on the liberalization of the energy sector and an increase in the share of renewables in energy production. However, facilitating this energy transition that seeks to embody the postulates of the European Green Deal, as pre-dicted in the newly adopted, 2040 energy strategy would encompass the combined efforts by existing and newly created entities (both government and private) that form the energy sector in the country. This in turn requires the unification of their efforts through the creation of a legislative framework that will include major regulation changes to ensure that the focused actions of the energy sector entities are controlled, and do not overload the grid, or endanger its stability. Analyzing the successful outcomes provided by regulation advancement in the last 5 years, while relying on the lessons learned principle, will provide the backdrop against which these new regulation changes can be proposed.