Environment

EPS to invest EUR 1 billion in environmental protection

Published

June 9, 2016

Country

Comments

comments icon

0

Share

Published:

June 9, 2016

Country:

Comments:

comments icon

0

Share

The construction of the desulfurization system in thermal power plant Kostolac B is almost complete. When it is commissioned, emissions of sulphur dioxide will be under 200 milligrams per cubic metre, in line with European Union regulations, said Milorad Grčić, acting chief executive of Electric Power Company of Serbia (EPS). He said the state-owned utility is socially responsible and that it invested EUR 200 million in nature protection, and that the plan is to finance environmental projects with EUR 1 billion by 2025.

Grčić spoke to representatives of communities located close to the power plant and coal exploitation complex and stated EPS wants to solve all potential problems through dialogue. Bane Spasović, mayor of Požarevac, city which incorporates the Municipality of Kostolac, also attended the meeting.

The chief of EPS said modernization of facilities is the priority, that both units of the thermal power plant were refurbished and that electrostatic precipitators were installed to filter fine particles. It already cut the level of pollution below the level limited by law and European standards, according to Grčić.

EPS is putting effort into the closure of slag and ash pond Srednje kostolačko ostrvo to eliminate the spread of the material from Kostolac A. The company is preparing for the construction of Kostolac B’s second block, with the capacity of 350 MW. The project worth USD 578 million dollars (EUR 513 million) is financed from a loan granted by China.

Related Articles

eu western balkans cbam report energy community

CBAM data for Q1 2026: Historic power flow patterns between EU, Western Balkans shift

29 April 2026 - The Energy Community Secretariat published the first report on the impact of the Carbon Border Adjustment Mechanism on electricity markets

Cement maker installs largest self consumption PV plant in Turkey

Cement maker installs largest self-consumption PV plant in Turkey

28 April 2026 - OYAK Cement built a solar power plant for self-consumption of 115.5 MW in peak capacity in Beypazarı in Ankara province

romania grid capacity auctions

Romania set to launch grid capacity auctions this fall to fend off ‘speculators’

28 April 2026 - Transmission system operator Transelectrica will launch auctions for connecting new electricity generation and storage capacities in late October

On-bill financing introduced in Greece, as suppliers expand to energy upgrades

Power suppliers in Greece expanding to energy upgrades with rollout of on-bill financing

28 April 2026 - A new framework in Greece would enable power suppliers to participate in the energy efficiency market