The Republic of North Macedonia is one of the smallest countries in the South-eastern Europe region, with around 2.077 million inhabitants (2018). In 2017, its gross domestic product (GDP) was EUR 10.7 billion and GDP per capita was EUR 5,153. As of 2019, the unemployment rate was 17.1%. Compared to the other sectors, the Energy sector by far has the largest share in the GHG emissions in the country. This is because this sector is mainly based on fossil fuels, primarily coal, which accounts for over 80% of the total energy demand. In the last few years, a certain decreasing trend of the share of fossil fuels can be noted, primarily due to an increase in the electricity import, which additionally increases the import dependence of the country, estimated at 54%. There is also an increasing trend of the share of renewable energy in the gross final energy consumption, which from 17.7% in 2009 has increased to 19.6 % in 2017. The efficiency of the Macedonian energy system (conversion from the total required energy into final energy) is about 71%. This value is almost at the same level as the member countries of the Organization for Economic Co-operation and Development (OECD) Europe, where it is about 70%.