Elektrani na Severna Makedonija

Elektrani na Severna Makedonija (ESM)

Company type	State-owned enterprise
Industry	Electricity generation
Founded	2005 (as ELEM, renamed ESM in 2019)
Headquarters	North Macedonia
Area served	North Macedonia
Products	Electricity
Owner	Government of North Macedonia

Elektrani na Severna Makedonija (ESM, , translated as "Power Plants of North Macedonia") operates as a state-owned electricity generation company in North Macedonia.

History

The original state monopoly known as ESM (Електростопанство на Македонија, meaning Electricity of Macedonia) was segmented into three separate organizations in 2005:

• ELEM (Електрани на Македонија), a government-controlled entity responsible for managing the nation's power generation assets
• A distribution and supply firm, initially called ESM AD, which was acquired by the Austrian EVN Group in 2006 and subsequently renamed EVN Macedonia; it underwent rebranding in 2019 to EVN AD Skopje (ЕВН АД Скопје)
• MEPSO, the state-owned operator overseeing the electricity transmission grid

Following the country's official renaming under the Prespa agreement in March 2019, ELEM adopted the abbreviation ESM once more, now standing for Power Plants of North Macedonia.

Structure

By 2020, ESM's portfolio encompassed:

• Electricity generation assets:
  • TPP Bitola, a lignite coal-fired power station and mining complex responsible for producing 72% of the nation’s electricity and operating the Suvodol coal mine
  • TPP Oslomej, another lignite coal mine coupled with a power plant
  • Mavrovo Hydroelectric System, which consists of Raven, Vrben, and Vrutok hydroelectric stations
  • Tikveš Hydroelectric Power Station
  • Black Drin Hydroelectric System, including the Globočica and Spilje plants
  • Treska Hydroelectric System, encompassing Kozjak and Sveta Petka plants
  • Energetika, a natural gas facility that provides electricity, steam, and heating services to the Zelezara steelworks complex
• Subsidiary companies:
  • ELEM Tours: engaged in tourism, catering, recreational activities, and sports services
  • ELEM Trade
  • FOD Bitola: specializing in manufacturing factory equipment and components
  • FORD Oslomej: focused on factory maintenance, overhauls, and transportation services