FYROM Liberalises Power Market for Mid-sized Companies

FYROM's energy regulator allowed companies with over 50 employees and total annual revenue or assets of over 10 million euro ($13.8 million) to buy electricity on the open market as of April 1, it said on Wednesday.

The move is in line with the country's action plan for the liberalisation of its electricity market, which was approved in September, the regulator told SeeNews in a statement.

The latest market opening will affect over 220 companies, which can expect to buy electricity at up to 25% lower prices, daily Vecer reported on Tuesday.

To date, 70 power producers have been awarded power trading licenses, and three - EVN-Snabduvanje, GEN-I and EDS - hold power supplier licences, the daily added.

The liberalisation of the power market for all consumers, including households, is planned for January 1, 2015, the regulatory energy commission said in October.

The partial liberalisation of the electricity market for some industrial consumers began in 2008.

Source:SeeNews