North Macedonia’s domestic production of electricity decreased by more than 25% over the last ten years, despite moderate investments in maintenance and upgrades. The country has an installed hydropower capacity of 1,500 GWh, accounting for 20% to 30% of the total domestic power generation.
This investment project concerns the third phase of the rehabilitation of 6 large hydropower plants with an overall installed capacity of 439 MW. They are organised into three hydropower systems - Mavrovo, Crn Drim and Tikves. The investments will extend the lifetime of the plants, increase their generation capacity by 13.5 MW, and displace 38,000 tonnes of CO2 annually.
The EU co-funds the investments under Flagship 4 - Renewable energy - of the Economic and Investment Plan for the Western Balkans through the WBIF.
