Session

Energy Efficiency Engineering

Description

The need to increase the production of electricity in the Subsidiary MPC Oslomej (Mining Power Complex-Oslomej), which operates as part of JSC ELEM (Macedonian Power Plants), 100% state owned company, represents a significant economic activity.

Therefore, the analysis in this paper focuses and aims at the economic aspect of the current electricity production, that is, the impact of the expenditures of the Subsidiary on the price of electricity produced by ELEM JSC, a price also regulated by the Energy Regulatory Commission of the Republic of Macedonia (ERC).

This shall draw attention to the necessity to timely prepare and adjust the industrial complex for operation in conditions of achieving and maintaining company competitiveness advantage in a fully liberalized electricity market in the Republic of Macedonia, expected in the year 2020.

In this context, the development of the Subsidiary and the extension of the operational life of TPP Oslomej (Thermo Power Plants-Oslomej) stand as the top priority of ELEM JSC, and support the general orientation of the Republic of Macedonia towards the European trends.

Keywords:

economic aspect, electricity, production, expenditures

Session Chair

Vehebi Sofiu

Session Co-Chair

Bertan Karahoda

Proceedings Editor

Edmond Hajrizi

ISBN

978-9951-437-61-5

First Page

85

Last Page

80

Location

Durres, Albania

Start Date

27-10-2017 4:45 PM

End Date

27-10-2017 6:15 PM

DOI

10.33107/ubt-ic.2017.141

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Oct 27th, 4:45 PM Oct 27th, 6:15 PM

Economic Aspect of the Electricity Production in Subsidiary MPC Oslomej

Durres, Albania

The need to increase the production of electricity in the Subsidiary MPC Oslomej (Mining Power Complex-Oslomej), which operates as part of JSC ELEM (Macedonian Power Plants), 100% state owned company, represents a significant economic activity.

Therefore, the analysis in this paper focuses and aims at the economic aspect of the current electricity production, that is, the impact of the expenditures of the Subsidiary on the price of electricity produced by ELEM JSC, a price also regulated by the Energy Regulatory Commission of the Republic of Macedonia (ERC).

This shall draw attention to the necessity to timely prepare and adjust the industrial complex for operation in conditions of achieving and maintaining company competitiveness advantage in a fully liberalized electricity market in the Republic of Macedonia, expected in the year 2020.

In this context, the development of the Subsidiary and the extension of the operational life of TPP Oslomej (Thermo Power Plants-Oslomej) stand as the top priority of ELEM JSC, and support the general orientation of the Republic of Macedonia towards the European trends.