Renewables

Serbian energy minister calls for untangling Drina hydropower deal with Italy

Photo: Ministry of energy and mining

Published

November 13, 2017

Country

Comments

0

Share

Published:

November 13, 2017

Country:

Comments:

0

Share

It is time to untangle the situation regarding cooperation with Italians and to start building hydropower plants on the Drina river, independently or with another partner, Serbian Minister of Mining and Energy Aleksandar Antić said after the first meeting of the Joint Energy Committee between Serbia and Republika Srpska.

In September 2011, Italy’s Seci Energia, Serbian public power utility Elektroprivreda Srbije (EPS) and Republika Srpska’s public power enterprise Elektroprivreda Republike Srpske (ERS) signed a preliminary agreement on the construction of three hydropower plants (HPP) on the Drina river.

The planned capacity was 450 MW, expected annual production 1,200 MWh and the estimated value of the investment EUR 800 million. The energy produced by the three HPPs was to be transferred to Italy. The works were supposed to start in 2013.

On Friday Serbian Energy and Mining Minister Aleksandar Antić and his Republika Srpska counterpart Petar Đokić attended the first meeting of the Joint Energy Committee in Belgrade. They announced stronger cooperation, implementation of joint energy projects and construction of the HPPs on the Drina river.

“We have had an agreement with Italians, but they have delayed it for many years. The time has finally come to untangle this situation and to build HPPs, independently or with another partner. Republika Srpska has the excellent Upper Drina project, one of the best in this part of Europe. We are interested in becoming partners in it. The Lower Drina project is also very good,” Antić said.

Energy utility directors from Serbia and RS are members of the Joint Energy Committee.

“We spent too much time hugging and kissing because we are all Serbs. I think the time has come to realize joint projects and that must be a priority,” Antić added.

Minister Petar Đokić said that four hydropower plants could be built as part of the Upper Drina project, four along the middle section of the river and three under the Lower Drina project.

Đokić recalled that Republika Srpska will build HPP Buk Bijela in cooperation with Chinese partners and that Republika Srpska would like to include Serbia in this project.

 

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

Global utilities scale renewables capacity 2 5 times 2030

Global utilities vow to scale renewables capacity by 2.5 times by 2030

22 April 2024 - Utilities in UNEZA are accelerating grid investment. Member utilities vowed to lift their renewables capacity by 2.5 times to 749 GW by 2030.

Record low power prices and curtailments threaten renewable investments in Greece, Spain

Curtailments, record-low power prices threaten renewables investments in Greece, Spain

20 April 2024 - Renewable energy developers have underestimated the effects of curtailments and low wholesale prices

north macedonia power exchange memo coupling eu brussels shutinoski

North Macedonia eyes first market coupling with some EU member state in 2026

19 April 2024 - Coupling electricity markets with EU countries is very important for the EU membership candidate states, MEMO CEO Simon Shutinoski said

Power-utilities-Greece-Cyprus-home-PV-systems-in-installments

Power utilities in Greece, Cyprus allow home PV systems to be paid in installments

19 April 2024 - Greece and Cyprus have enabled the installation of home PV systems to be paid in installments and without upfront costs