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Macedonia spends 3.5 times more electricity than EU member states.

Macedonia spends energy very irrationally and wastefully. Its power consumption per unit of social product is 3.5 to 4 times higher than the average use in the EU member states. In comparison with the countries of the region, Macedonia's power production is about twice higher.

Statistics also show that the total consumption of energy per capita in Macedonia is about 2.5 times smaller than the average consumption per capita in the EU member countries, which is a result of the unfavorable economic development. This was pointed out at the round table at which corporate competitiveness was discussed, organized by the Macedonian Energy Association and the USAID Industrial Management Project.

Industry, as one of the four sectors, is a power consumption leader accounting for one-third of the national energy balance. According to USAID Industrial Management Project Director Dragan Blazev, the situation may change by lowering operating costs.

Companies, he says, may also achieve notable results by introducing integrated systems that would result in better management and more efficient use of energy.

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Title Annotation:BUSINESS NEWS
Publication:INFOMAC Daily News Service
Geographic Code:4EXMA
Date:Dec 17, 2014
Words:172
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