North Macedonia (Republic of North Macedonia)
Energy Development Strategy until 2040
The strategy notably examines how to 1) decarbonise the country's energy system, 2) enhance energy efficiency, 3) improve research, innovation and competitiveness, 4) enhance legal and regulatory environment, and 5) integration and security of energy markets. It sets a number of quantified targets per scenario based on different levels of ambition, in particular on a coal phase-out by 2025 at the earliest. It also details the national and international financing schemes available to promote renewable energy sources and energy efficiency measures.
Increasing the usage of RES in a sustainable manner up to 45% in gross final energy consumption.
In the Green scenario in 2040 the Strategy decreases GHG emissions up to 61.5% vs. 2005 or 72.8% vs. BAU
The Strategy maximises energy savings up to 51.8% of primary and 27.5% of final energy by 2040