As a result of the adoption of a new Energy Law that came into force in August 2018, the same year was founded the national electricity market operator – MEMO DOOEL, Skopje. MEMO is a company fully owned by the Operator of the electric transmission system in the Republic of North Macedonia – A.D. MEPSO.

According to the Decision of the RSM Government adopted in September 2020, MEMO is appointed as the Operator of the organized electricity market. Following this, it begun with the implementation of activities to fulfill the necessary technical conditions to establish an organized electricity market in the Republic of North Macedonia