Electricity

Serbia’s power utility EPS no longer dependent on imports, acting CEO claims

Serbia EPS no longer dependent on imports acting CEO Tomasevic

Photo: RTS

Published

January 27, 2023

Country

Comments

comments icon

0

Share

Published:

January 27, 2023

Country:

Comments:

comments icon

0

Share

Elektroprivreda Srbije (EPS) is importing much less electricity this winter than last one and it is not dependent on imports, according to Miroslav Tomašević, acting CEO of Serbia’s state-owned coal and power producer.

The consequences of the recent outage in the Kolubara coal basin that occurred several days ago are being solved and coal production should get back to normal soon, according to Miroslav Tomašević. Namely, a large excavator got stuck due to a mudslide, which lowered lignite output.

“If we compared the current winter with the last one, EPS is importing negligible amounts of electricity. It means we were well prepared for this season,” the chief executive officer told public broadcaster RTS.

CEO of Serbia’s EPS revealed that the country exported more electricity yesterday than it imported

He noted that electricity consumption in Serbia came in at 127 GWh yesterday. Power imports for January were booked earlier at convenient prices, Tomašević added, but he pointed out that the company imported 3.7 GWh yesterday while exporting 8.8 GWh.

“The production at EPS is currently between 122 GWh to 125 GWh, which is sufficient for covering consumption in Serbia, so EPS is no longer dependent on power imports,” the CEO stressed.

Coal stockpiles at key units in the Nikola Tesla thermal power plant complex (TENT A and TENT B) near Belgrade are at almost one million tons in total, compared to the required 950,000 tons. Tomašević said EPS produces 90,000 to 95,000 tons.

Investors need to be incentivized to build power plants and EPS must be enabled to buy the electricity from them

EPS’s boss asserted that its first wind park, with a capacity of 66 MW, would be put into operation in 2024, underscoring that it is important to incentivize private investors to build wind parks and to give the government-controlled utility the preemptive right to purchase the electricity. He singled it out as the main goal, rather than making EPS invest and own every power plant.

Tomašević said he expects results from the involvement of Norwegian consulting company Rystad Energy, hired by the Government of Serbia, and expressed readiness for EPS to act in accordance with the government’s decisions.

EPS has experts and they just need to be given appropriate positions to show what the company can do, and it can do a lot, as evident over the previous days, the acting chief added and expressed the opinion that good results have been achieved since his appointment.

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

energy storage battery europe

Europe’s energy storage capacity to reach 100 GW this year, more than double by 2030

21 November 2025 - Pumped hydropower has the largest share of existing energy storage, 50.6 GW, followed by batteries, with 44.8 GW

3rd Conference on Advancing Renewable Investments guarantees of origin could drive Europe green energy integration

3rd Conference on Advancing Renewable Investments – guarantees of origin could drive Europe’s green energy integration

21 November 2025 - As CBAM nears implementation, the Ljubljana conference highlighted the tools to accelerate integration with the EU, the Energy Community Secretariat said

montenegro admir sahmanovic energetika teska godina pljevlja potrosnja struje

Šahmanović: Montenegro is facing its most challenging year for energy sector

20 November 2025 - Priorities are price stability, increasing the use of renewables, and strengthening the country's position as an energy hub, Šahmanović said

Alcazar take over NIAT wind farm 500 MW in Egypt Siemens Gamesa after completion

Alcazar to take over NIAT wind farm of 500 MW in Egypt from Siemens Gamesa after completion

20 November 2025 - Alcazar formalized the partnership for the final development, construction and operation of Siemens Gamesa's NIAT wind project in Egypt