Electricity consumption in Serbia decreases 5% to 7% due to coronavirus
Electricity consumption in Serbia is 5% to 7% lower than in the same period last year, probably because the economy operates with reduced capacity, said Milorad Grčić, acting director of state-owned power utility Elektroprivreda Srbije (EPS). According to Grčić, household consumption does not have a major impact on the increase or decrease of consumption, while […]
UPDATE: Serbia temporarily suspends incentives for renewables, high-efficiency cogeneration
The Government of Serbia has decided to suspend payments of incentives for electricity produced from renewable energy sources and in high-efficiency cogeneration units– CHP, multiple sources familiar with the matter told Balkan Green Energy News. The persons close to the government confirmed that the Government of Serbia, at the meeting yesterday, brough decision to temporarily […]
Coronavirus prompts crisis measures in electric power systems in Balkans
Governments and state-owned operators are imposing constraints and work from home and stepping up hygiene requirements. The coronavirus isn’t affecting the electric power supply for now in the region of Western Balkans. Power producers and distributors in the Balkans have been introducing emergency procedures to contain the fallout from the spread of COVID-19. The coronavirus […]
EPS hiring PowerChina to build 350 MW coal power plant to replace old units
The construction of Kolubara B is planned to start next year. State-owned coal miner, power producer and distributor EPS signed a preliminary agreement with partners from China to install the thermal power plant, holding on to the fossil fuel as the pillar of the energy strategy of Serbia. An investment of EUR 385 million is […]
Serbia’s EPS to install 97.2 MW solar power plant in Kostolac
Serbia’s state-owned power utility Elektroprivreda Srbije (EPS) plans to install 97.2 MW solar power plant Srednje Kostolačko Ostrvo. The investment is estimated at EUR 84 million. After launching the construction of the 66 MW Kostolac wind farm, this should be the company’s second major renewable energy project. The PV plant is planned at an ash […]
Serbia to turn its electricity giant EPS into joint stock company
Citizens may get 15% of Elektroprivreda Srbije or EPS this year as the Government of Serbia plans to change its status from a public company to a joint stock company. It informed the International Monetary Fund in a letter of intent that it is transforming the power producer with the help of the European Bank […]
Fifth overhauled unit at EPS’ hydropower plant Đerdap 1 put in operation
State power utility Elektroprivreda Srbije (EPS) has put in operation the fifth overhauled unit at HPP Đerdap 1, adding 30 MW of installed capacity to Serbia’s biggest hydropower plant. After the commissioning of the fifth overhauled unit, there is only one more unit left to be revitalized, and that job should begin next year, according […]
Electricity prices for households in Serbia to go up 3.9% on December 1
Electricity prices for households in Serbia will be increased by 3.9% on December 1, while prices for industrial consumers remain unchanged, according to energy minister Aleksandar Antić. The Energy Agency of the Republic of Serbia (AERS) has approved the price hike and it will reflect on December electricity bills, which households receive in January, the […]