When Elektroprivreda Srbije announced that it would offtake electricity from the Alibunar 1 and Alibunar 2 wind parks — a combined 168 megawatts of new renewable capacity — the statement appeared modest, almost procedural. Serbia has been adding wind capacity for nearly a decade, and private developers have taken the lead in most recent projects. […]
Serbia is heading into what could be one of its most challenging hydrological years in decades. Elektroprivreda Srbije (EPS), the country’s state-owned energy giant, forecasts that hydropower output in 2025 may fall by as much as 25 percent compared with the previous year. The projected annual production of around 8,000 GWh is not merely a
Serbia’s energy dilemma: EPS faces a slow-burning crisis amid calls for accountability Read More »
For decades, Serbia’s national utility, Elektroprivreda Srbije (EPS), operated under the illusion of indestructibility. Its sprawling lignite mines, ageing thermal plants and hydropower dams formed the backbone of a system that appeared resistant to regional shocks, political storms and market fluctuation. Serbia was one of few European countries that could boast of electricity self-sufficiency, even
Serbia: EPS begins trial production at newly completed 66 MW Kostolac wind farm Read More »
State-owned power utility EPS has confirmed that construction of the Kostolac wind farm has been completed and that the facility has started generating its first megawatt-hours. After receiving approval for grid connection, the first turbine was energized, initiating the project’s trial operation phase. EPS management emphasized that this milestone marks the company’s formal entry into
Serbia’s energy system is built on a paradox. The country urgently needs new electricity-generation facilities to secure supply, support industry, and accelerate the shift toward cleaner energy. Yet its dominant state-owned utility, Elektroprivreda Srbije (EPS), is delivering new projects slower than expected—or in some cases, not delivering them at all. While demand climbs and Serbia
Serbia: EPS outlines €2 billion hydropower investment strategy through 2035 Read More »
Over the next decade, Serbia is expected to see nearly 2 billion euros invested in its hydropower sector, with around 760 million euros planned for the first three years alone. Of that total, approximately 470 million euros will be directed toward new hydropower developments, according to Radovan Stanić, Assistant General Director for Operations at power
Serbia’s state-owned power utility EPS is continuing its hydropower modernization program, following upgrades at the Bajina Bašta, Zvornik, and Đerdap 1 plants. The next phase will focus on the Vlasina hydropower plants, with a reconstruction and modernization contract signed with Energotehnika Južna Bačka. The project coincides with the 70th anniversary of the Vlasina hydropower system
Serbia: EPS issues tender for supervision of Kostolac 66 MW wind farm construction Read More »
Serbia’s state-owned power company EPS has opened a public tender for professional supervision services for the construction of the Kostolac wind farm, with the contract valued at approximately 275,000 euros. The decision follows significant delays and deviations from the original construction timeline, prompting EPS to strengthen oversight to ensure both safety and quality standards are
Serbia: EPS begins testing Kostolac wind farm Read More »
State-owned power utility EPS has started testing the switchgear at the Kostolac wind farm, the company’s first wind energy project with an installed capacity of 66 MW. The tests are being carried out by teams from the transmission system operator EMS and mark a crucial step before the facility can be connected to Serbia’s national
The company reported continued progress in both production and financial performance, highlighting strong results in its mining division. Coal output exceeded the planned target by 8 percent and was 7 percent higher than in the same period of 2024. To maintain this momentum, EPS is advancing mechanization works at the new Kolubara pit Radljevo, enabling
