Renewables

Bechtel could finance study for Đerdap 3 pumped storage hydropower

djerdap 3 rhe bechtel zorana mihajlovic christopher hill

Photo: Zorana Mihajlović / Facebook

Published

August 1, 2022

Country

Comments

0

Share

Published:

August 1, 2022

Country:

Comments:

0

Share

Representatives of the Ministry of Mining and Energy of Serbia and US-based company Bechtel have discussed the construction of pumped storage hydropower plant Đerdap 3. According to the ministry, Bechtel is ready to provide funds for the prefeasibility study for the project.

Zorana Mihajlović, Serbia’s Deputy Prime Minister and Minister of Mining and Energy, Christopher Hill, United States Ambassador to Serbia, and Stuart Jones, Bechtel’s President for Regions and Corporate Relations, spoke at a meeting in Belgrade about the two countries’ joint projects.

Mihajović stated that she is proud of the cooperation with Bechtel from when she was minister of construction, transport and infrastructure.

There are great opportunities for cooperation in the energy sector as well, she added.

The installed capacity of Đerdap 3 could reach 2,400 MW

She highlighted renewable energy projects, such as the first hybrid pumped storage hydropower plant Đerdap 3, with a total installed capacity that could reach 2,400 MW, and an additional capacity of 400 MW in wind and solar facilities, she said.

According to Mihajlović, energy security is the most important topic for all countries in Europe at the moment, including Serbia. For Serbia it is also important to speed up the energy transition and become much more efficient in building new energy capacities, in her view.

Bechtel could finance prefeasibility study for the project

Stuart Jones, Bechel’s President for Regions and Corporate Relations, said the company would analyze the possibilities for cooperation with Serbia in the energy sector. He said it is looking at financing the prefeasibility study for the Đerdap 3 project.

Bechtel has already expressed its interest in the projects for the Đerdap 3 pumped storage hydropower plant and a big wind farm in Serbia.

Of note, Đerdap 3 is one of the projects from the country’s energy investment plan, valued at EUR 17 billion. It includes two pumped storage HPPs – Đerdap 3 and Bistrica.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

unpaid-electricty-bills-kosovo-kostt

Kosovo* allocates EUR 40 million to cover unpaid electricity bills in northern municipalities

11 August 2022 - Residents of the four Serb-majority municipalities in the north of Kosovo* have not been paying electricity bills for over two decades

SEEPEX chief Power prices Southeastern Europe EUR 500 MWh fourth quarter

SEEPEX chief: Power prices in Southeastern Europe reach EUR 500 per MWh for Q4 2022

11 August 2022 - Futures for settlement in the fourth quarter indicate an electricity price in Southeastern Europe of EUR 500 per MWh, chief of SEEPEX Miloš Mladenović said

Drought-lowers-hydropower-plant-output-Serbia-Europe

Drought lowers hydropower plant output in Serbia, Europe

10 August 2022 - The water flow in Serbia's hydropower system dropped by a half, increasing the need for electricity imports, but the situation is similar across Europe

Norway power export controls drought hydropower reservoirs

Norway to impose power export controls

09 August 2022 - Norway is preparing a framework for limiting electricity exports at times when the levels of water in hydropower accumulations are low