Commenting liberalization delay

Commenting liberalization delay

Analytica has sent a reaction to the media regarding the requirement of the Energy Community Macedonia to rectify failure to liberalize electricity market.

Analytica stated that it is problematic for Macedonia, in political and in economic aspect, not to fulfill the obligations towards the Energy Community. Macedonia has ratified the Energy Community Treaty back in 2006, thus the electricity market liberalization is not an unexpected result, but a goal towards which the country should have strived since the Treaty's ratification. The fear of the country that there might be increase of the electricity prices is justified only in the short term, while in the long term with the liberalization of the electricity market, it is expected that increased competition will lead to lower prices. Also, on the other hand, there are set of measures which the state could have and can undertake in order to balance the shock of increase of electricity prices – and that is implementing in full its energy strategies, which envisage more efficient production of electricity and heat, introduction of natural gas in the households, improving the heat supply, improving energy efficiency of buildings etc.

Analytica states that Macedonia cannot avoid the liberalization of the electricity market and therefore the country has to implement all necessary measures to reduce the utilization of electricity for heating, a reason for citizens being affected from eventual raise of the electricity price, and these measures are improving the energy efficiency of homes, installing heat meters in the district heating, heat pumps and efficient wood stoves for heating as well as gasification. The liberalization of the electricity market is not needed only for Macedonia to fulfill the obligations towards the Energy Community and the European Union, but also to enable its citizens a better life standard.

Analytica's reaction to the media in full in Macedonian can be accessed here.