Macedonian energy sector is the main emitter of greenhouse gases with share of about 70% in the total annual emissions. Also, 70%–75% of emissions are associated with the electricity generation due to the predominant role of the lignite fuelled power plants. Recently, the government has adopted a strategy for the use of renewable energy sources (RES) which identifies a target of 21% of final energy consumption from RES by 2020. In this paper, analyses are conducted in order to investigate to which extent and in which way the absorption capacity of the power system for RES electricity can be improved. For this purpose, combining various conventional and RES technologies, including pump storage hydro power plant and revitalisation of the existing lignite power plants six scenarios for the power system expansion are developed by making use of EnergyPLAN model. Critical excess of electricity analyses are conducted in order to identify the maximal penetration of wind electricity. The results have shown that in the exiting capacities maximal penetration of wind electricity in 2020 is 13% of total electricity consumption. The revitalization of the existing lignite power plants and building of pump storage power plant would increase the wind penetration. Furthermore, the developed scenarios are comparatively assessed in terms of the associated greenhouse gases emissions and import of electricity.