As European Union (EU) candidate country, Macedonia is in the process of
adoption of the EU strategic energy policies, harmonization of the national
legislation with the EU legislation and defining the respective national
goals. In this regard, the government has recently adopted a National
Strategy for Utilization of Renewable Energy Sources (RES), prepared by
ICEIM-MANU. The main goal of this paper is to assess the potential for
greenhouse gases (GHG) emissions reduction by implementation of
21%-RES-scenarios from the Strategy. The corresponding emissions reduction is
calculated against the baseline (reference) scenario developed within the
Second National Communication on Climate Change. Furthermore, all potential
RES technologies are analyzed from economic aspect and combined in a form of
emissions reduction cost curve, displaying the total marginal cost of the GHG
emissions reduction by RES. Finally, on the bases of the environmental and
economic effectiveness of the considered RES technologies, as well as taking
into account the country specific barriers, the priority actions for GHG
emissions reduction are identified.