EU Commission: Serbia makes limited progress on energy, climate change yet to receive adequate attention
Serbia made limited progress in the area of energy, while the policy areas of environment and climate change have yet to receive adequate attention, according to the European Commission’s latest annual assessment of the implementation of reforms in the country, adopted today. The European Commission’s annual assessment deals with Serbia’s progress across 35 chapters of […]
Auctions for cross-border power capacities at border with Bulgaria to be held by Joint Allocation Office from 2019
Auctions for cross-border power capacities at the border with Bulgaria will be held by Joint Allocation Office S.A. (JAO) from Luxembourg from next year, the Energy Agency of the Republic of Serbia (AERS) said in a press release. So far, the long-term auctions have been conducted by Bulgarian transmission system operator (TSO) ESO, while daily […]
Climate Village draws entire families with children as organizations showcase climate action projects
Hundreds of visitors, including entire families with children, turned out at the Climate Village on Belgrade’s Ada Ciganlija lake this Saturday to take part in a cycling tour and get a hands-on look at a range of climate action projects. The Climate Village closed Climate Diplomacy Week, organized by the EU Delegation to Serbia, which […]
Energy Community backs certification of transmission system operator CGES
The Energy Community Secretariat supports the certification of the Montenegrin transmission system operator Crnogorski Elektroprenosni Sistem (CGES) in line with the Preliminary Decision of the Regulatory Energy Agency of Montenegro (RAE). RAE is to adopt a final certification decision, taking utmost account of the Opinion of the Secretariat. The Secretariat’s Opinion on the certification of […]
Kovačica wind park secured EUR 142 million from three lenders
Kovačica, a 104.5 MW wind farm under construction in Serbia, has successfully secured EUR 142 million and reached the financial close. The financing in the amount of EUR 142 million is provided by parallel loans from Erste Group Bank AG (supported by the German Export Credit Agency Euler-Hermes), Erste Bank Serbia, and the European Bank for […]
Serbian regulatory agency approved transmission system’s development and investment plans
The Council of the Energy Agency of the Republic of Serbia (AERS) has approved the Transmission System Development Plan for 2017-2026 and Transmission System Investment Plan for 2017-2019. Both Plans were adopted by the state-owned Joint Stock Company Elektromreža Srbije, Serbia’s transmission system operator. The ten-year transmission system development plan was drafted in line with […]
Construction of Trans-Balkan Corridor’s section to start in 2018.
Serbia has been given a grant of EUR 6.6 million by the German development bank KfW to build a section of the Trans-Balkan Electricity Corridor, Serbian Minister of Mining and Energy Aleksandar Antić said. The Minister said that the construction of the section of the power corridor between the towns of Kraljevo and Kragujevac would […]
Dragan Kujović new Executive Director of Montenegrin TSO CGES
An extraordinary Shareholders Assembly of Montenegro’s state-owned utility Crnogorski elektroprenosni sistem (CGES) elected Dragan Kujović as Executive Director of the company, CGES said in a statement. CGES is a joint stock company and transmission system operator (TSO) in Montenegro. “Shareholders Assembly relieved former Executive Director Ivan Bulatović of his duty after the expiry of his four-year mandate,” […]