Methodological explanation for the news release:
Electricity and natural gas prices
Sources of data collection
Sources of data collection for the semi-annual report on electricity and natural gas prices are Semi-annual survey on electricity prices Ene.C5 and Semi-annual survey on natural gas Ene.C3.
From the first semester 2017, the Energy Regulatory Commission of the Republic of Macedonia is a source of data on electricity prices.
Data scope
The method of full coverage is applied (for business entities that perform energy activity trade of electricity, business entities that supply electricity on unregulated and regulated market and business entities that perform energy activity trade, supply and distribution of natural gas.
The processing of data on natural gas prices does not include quantities of natural gas consumed in Combined Heat Plants (CHP) for electricity and natural gas production.
Definitions
Electricity prices
Energy and supply includes: Price of procurement of electricity in the country or from import, supplied energy costs, costs for organisation and management of the electricity market, balancing energy costs and other supply costs.
Price with VAT excluded = Energy and supply + transmission costs + distribution costs
Price with VAT included = Price with VAT excluded + VAT
Natural gas prices
Energy and supply includes: Price of procurement of natural gas in the country or from import, supplied energy costs and other supply costs.
Price with VAT excluded = Energy and supply + transmission costs + distribution costs
Price with VAT included = Price with VAT excluded + VAT
Normal cubic meter is gas volume at temperature 20oC and pressure 1.01325 bar.
Net calorific value = 0.9*Gross calorific value.
Calculation method
Prices are calculated in accordance with Regulation 2016/1952 of the European Parliament and of the Council of 26 October 2016 on European statistics on natural gas and electricity prices.
Natural gas prices per GJ are calculated by using the average gross calorific value of natural gas for the relevant semester.
Last updated:
30.03.2018
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News releases
Methodological explanations for:
Energy
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