Implementation of the feed-in tariffs in the Macedonian power system

Abstract

In this paper, the current stage of RES use is examined, together with the national legislation on RES and the adopted supportive measures. The implementation of the adopted feed-in tariffs is discussed taking into account the proposed installed capacity limits, level and duration of support for the RES plants, system costs, market prices and the overall impact on the Macedonian power system. In the analyses, the possible mechanisms for financing the feed-in tariffs are also included. It has been shown that the prescribed feed-in tariff scheme has relatively low financial implications since the increase of the costs of supply is less than 5%.