serbia

Serbia’s energy dilemma: EPS faces a slow-burning crisis amid calls for accountability Read More »

Serbia’s energy dilemma: EPS faces a slow-burning crisis amid calls for accountability

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’s energy future at stake in post-Russia gas power struggle Read More »

Serbia’s energy future at stake in post-Russia gas power struggle

For more than two decades, Serbia’s political and economic stability rested on a simple, unwritten assumption: Russian gas would continue to flow, reliably, predictably and at preferential terms negotiated quietly between Belgrade and Moscow. The relationship was never merely commercial. It was geopolitical architecture disguised as commodity trade. Moscow guaranteed supply; Belgrade guaranteed loyalty —

Sanctions on NIS trigger Serbia’s most severe financial stress test in a generation Read More »

Sanctions on NIS trigger Serbia’s most severe financial stress test in a generation

When the United States expanded its sanctions targeting Russian energy interests, few policymakers in Belgrade initially grasped the magnitude of what was unfolding. On the surface, nothing had changed: Serbia’s biggest oil company, NIS, majority-owned by Gazprom Neft, continued operating its refinery in Pančevo, its trucks still supplied fuel stations across the country, and its

The sanctioned asset: How U.S. pressure on NIS turns Serbia’s oil sector into a geopolitical prize Read More »

The sanctioned asset: How U.S. pressure on NIS turns Serbia’s oil sector into a geopolitical prize

When Washington quietly tightened the sanctioning architecture targeting Russia’s energy interests, Belgrade began feeling tremors long before any official measure referenced Serbia. The country’s largest oil company, NIS, majority-owned by Gazprom Neft, found itself drawn into the gravitational field of a much broader confrontation. The pressure did not resemble the blunt embargoes of previous eras;

Elnos Serbia to build network connection for Balkans’ largest wind farm Read More »

Elnos Serbia to build network connection for Balkans’ largest wind farm

Elnos Serbia has signed a contract with Sinohydro Corporation Limited, a subsidiary of PowerChina, to participate in the construction of the Vetrozelena wind farm, poised to become the largest standalone wind installation in the Balkans. The project will have a total installed capacity of 300 MW, featuring 48 turbines rated at 6.25 MW each. Under

Serbia prepares emergency measures as US denies NIS refinery license Read More »

Serbia prepares emergency measures as US denies NIS refinery license

Serbia is implementing emergency measures to maintain energy stability after the United States refused to issue a license allowing oil company NIS to continue operating its Pančevo refinery. Following consultations with national energy teams, President Aleksandar Vučić announced that Serbia would temporarily secure NIS’ payment operations through the end of the week, despite the financial

Serbia 2035: The fully integrated renewable economy Read More »

Serbia 2035: The fully integrated renewable economy

By 2035, Serbia will be a profoundly different energy and economic system than the one it operates today. The country stands at the threshold of a rare structural transformation—one that touches electricity, industry, manufacturing, transport, construction, finance and regional trade. If Serbia fully commits to its renewable trajectory, the nation will not merely decarbonize its

Serbia’s workforce challenge: Can the country train enough engineers for the renewable boom? Read More »

Serbia’s workforce challenge: Can the country train enough engineers for the renewable boom?

Serbia’s renewable-energy sector is expanding at a pace the country has never experienced before. Wind farms, solar parks, hybrid plants, substations, transmission corridors, battery systems and industrial PPAs are all driving a surge in investment that will transform the energy landscape over the next decade. But beneath the visible momentum lies the most critical constraint—and

Transmission first: Why Serbia’s grid expansion will determine all future RES investments Read More »

Transmission first: Why Serbia’s grid expansion will determine all future RES investments

The future of Serbia’s renewable-energy sector will not be decided by auctions, PPA structures, investor appetite or available land. These elements shape the market, but they do not define its limits. The true bottleneck—and the ultimate enabler—of Serbia’s energy transition is the transmission grid. Every planned wind farm, solar park, battery system, hybrid plant or

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