IMF calls for raising electricity tariffs in Serbia

Electricity tariffs in Serbia have not changed in two years and should be raised, International Monetary Fund (IMF) Resident Representative in Belgrade Sebastian Sosa has told a news conference, local media reported. Electricity tariffs in Serbia should at least be adjusted for inflation, Sosa said, also noting that the country will have to transition to […]

Serbia needs to hike electricity prices, but not before reforming EPS – Fiscal Council

Serbia’s state power utility Elektroprivreda Srbije (EPS) must step up investments in order to boost production capacities and meet environmental protection standards, which requires first implementing the company’s long-delayed reform and reducing power distribution losses, slashing or aborting the channeling of EPS’ profits into the state budget, and only then increasing electricity prices, according to […]

EPS reports net loss of EUR 11 million in 2018

State-owned power utility Elektroprivreda Srbije (EPS) made a net loss of RSD 1.3 billion (around EUR 11 million) in 2018, according to the business report of the EPS Group for 2018. A year earlier, the company reported a net profit of around RSD 6.3 billion (around EUR 53 million). EPS posted a pre-tax profit of […]

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 […]

Construction launched on flue-gas desulfurization systems at coal-fired power plant TENT A

The construction of flue-gas desulfurization systems has begun at thermal power plant (TPP) Termoelektrana Nikola Tesla (TENT A) under a EUR 167 million project. The project will reduce the coal-fired power plant’ sulfur-dioxide (SO2) emissions ninefold, from around 74,000 tonnes to 7,747 tonnes annually. The new flue-gas desulfurization systems at four units of TENT A […]

Electricity February 14, 2019

Top 3 Most Read articles in January

The Top 3 Most Read articles on Balkan Green Energy News in January are in. The list is also available for the Serbian-language version of the website. The list is dominated by interviews this time around. 1 – Tendering ahead for renewable energy projects, premiums in Macedonia The most read article concerns the Government of […]