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 […]
Nearly 200 families hit by pollution from Veliki Crljeni open-pit coal mine
Residents of Veliki Crljeni, a suburban settlement only 50 kilometers from the center of Belgrade, again wrote to the Serbian President and the Prime Minister over the past week, demanding that institutions and the state, the owner of power utility Elektroprivreda Srbije (EPS), resolve the pollution problem that has been plaguing them for more than […]
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 […]
Belgrade hosting regional Smart City SEE19 conference
Regional conference Smart City SEE19 will be held in Belgrade on Thursday, May 23, gathering local, regional, and international experts, decision makers, and innovators to discuss the development of smart cities and their role in delivering a more sustainable future. The conference will showcase the best examples of smart cities, with the aim of inspiring […]
Is becoming a prosumer in Serbia an impossible mission?
Author: Aleksandar Janjić, PhD, Univeristy of Niš, Faculty of Electronic Engineering, Department of Power Engineering Perhaps even more so than Serbian energy companies, the Serbian language tends to be resilient to novelty, and blend words. This is why any attempt at translating the term “prosumer” ends up as an entertaining incident. Prosumer is a term […]
EPCG’s new investment cycle focuses on portfolio diversification, hydropower projects
A Belgrade consortium comprising engineering firm Energoprojekt Hidroinženjering and water management institute Jaroslav Černi has been selected to produce a conceptual design for hydropower plant (HPP) Komarnica, and has already prepared an environmentally acceptable technical solution, which paves the way for the construction of the power plant following decades of research, Igor Noveljić, CEO of […]