Renewables

Green power projects to add expenses for households

renewables-Balkan-Green-Energy-News

Photo: Pixabay

Published

September 15, 2015

Country

Comments

comments icon

0

Share

Published:

September 15, 2015

Country:

Comments:

comments icon

0

Share

If electricity generated by wind and solar facilities was cheaper than from thermal power plants, Electric Power Co. of Serbia (EPS) would prioritize renewables, said Aleksandar Obradović, head of the government-controlled utility.

In an interview for regional news channel N1, he said EPS however does plan significant investments in aeolic and photovoltaic energy projects in the next five years, he added. The technology is indeed cleaner, but also more expensive, and that will have impact on bills for citizens, Obradović said and added this is why thermal power plants mustn’t be neglected. In his words, EPS constantly invests in environmental protection in those facilities.

The new block in thermal power plant Kostolac, financed by a loan from China, will be the most advanced and in full compliance with European Union’s regulation, he claimed.

The head of EPS said there will be no additional price hike this year. The company is preparing for the open market and needs to fight for customers, so there will be funds allocated for marketing, for „a modest, decent communication with buyers,“ Obradović underscored.

EPS plans to fire another 50 executives by the end of the year, after being reorganized from a system of 14 to just three enterprises, he said. The goal is to save EUR 36 million a year, and 40 executive positions have already been abolished, while now an estimate will be given for the excess number of employees, certainly in thousands, Obradović stated.

Related Articles

krsko 2 spatial plan

Slovenia launches public consultation on spatial plan for second unit at Krško nuclear plant

01 July 2025 - The Ministry of Natural Resources and Spatial Planning has published an initiative to prepare a spatial plan for the second unit of nuclear power plant Krško.

Turkey first hydropower reservoir YEKA floating solar power auction

Turkey selects first hydropower reservoir for YEKA floating solar power auction

01 July 2025 - The reservoir of the Demirköprü hydropower plant is the first proposed area for Turkey's planned floating solar power auction

Hungary MAVIR 60 MWh battery energy storage system

Hungary’s MAVIR commissions 60 MWh battery energy storage system

01 July 2025 - MAVIR, the Hungarian TSO, put into operation a battery energy storage system (BESS) of 20 MW in capability and a three-hour cycle.

Montenegro NECP public consultation sole coal plant shutdown 2041

Montenegro publishes NECP for public consultation – sole coal plant planned for shutdown in 2041

30 June 2025 - The retirement of the Pljevlja coal plant is planned for 2041, but it depends on a just transition and supply security, the draft NECP reads