Under the auspices of the President of the Republic of Macedonia, Dr. Gjorge Ivanov, a Conference was held in Kocani on geothermal waters “Geothermal Energy in the Republic of Macedonia - Kocani Depression” with participation of professors - scientists from the Universities “Cyril and Methodius” and “Goce Delchev”. President Ivanov, addressing the present said that the Republic of Macedonia is located in one of the 19 geothermal regions on the planet, a favorable circumstance that many other states do not have.
- In Macedonia there are over 25 natural sources of geothermal waters registered with temperatures exceeding 21˚C. Out of these, 18 sites are known as thermal spa centers, the waters of which are used rationally for various purposes. The geothermal potential of the Republic of Macedonia is more and more interesting for utilization in the production of electricity. So far, worldwide, only five percents of the geothermal potential is used or 10,700 megawatt-hours of the possible 67,000 giga watt-hours. According to the Strategy for utilization of renewable energy sources in the Republic of Macedonia, by 2020, 400 to 440 giga watt-hours of electricity should be produced of the geothermal waters, said President Ivanov.

President Ivanov, speaking of the potentials of the geothermal energy said that he encourages businessmen and mayors to be inventive, to invest and be the first to conquer this market offered by the alternative tourism.
During the Conference, the book “Geothermal Energy in Macedonia - Kocani Depression" was promoted, which includes scientific papers by professor Dr. Todor Delipetrov, professor Dr. Slave Armenski, professor Dr. Risto Fotev, professor Dr. Biljana Angelova and professor Dr. Zoran Panov. The presentation "Geothermal Energy in Macedonia - Kocani Depression" was attended by Macedonian businessmen and investors from abroad, as well as by the Ambassadors of Poland, Austria, Bosnia, Slovenia and the World Bank.