The European Bank for Reconstruction and Development (EBRD) has announced the start of construction of a new power substation in Ohrid, Balkans.

The new substation will be an important component in the first power interconnector between Albania and North Macedonia.

The European Union (EU) and EBRD are funding the project, which is part of EU’s initiative to establish an east-west power transmission corridor between Bulgaria, North Macedonia, Albania, Montenegro and Italy.

Construction of the new electric substation completes the 400kV power line between Albania, North Macedonia and Greece. The project will boost the cross-border exchanges in electricity network.

Work on a section between Bulgaria and North Macedonia has already been completed.

A submarine cable between Italy and Montenegro and a new 400kV electricity line between Albania and Montenegro are also complete and operational.

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The new transmission line will stabilise load flow and frequency fluctuations, normalise voltage levels, and decrease technical losses in the complete transmission system.

This will help in providing improved and affordable energy supply to North Macedonia residents and businesses.

The Electricity Transmission System Operator of North Macedonia (MEPSO) has secured €37m funding from the EBRD for the construction of the interconnector and for the installion of smart grid components.

EU Delegation deputy head Julian Vassallo said: “This project, supported by the EU with a grant of €12 million, allows the two countries to create a sustainable regional energy market, move towards the decarbonisation targets of the Green Agenda and replace ageing infrastructure that is prone to technical losses.

“Ultimately this will result in more reliable and less expensive supply of energy for residents and companies in the region.”

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Construction begins on new power substation in North Macedonia, Balkans. Credit: European Bank for Reconstruction and development.