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 […]
Serbia: Banatski Dvor gas storage facility nears completion of initial expansion phase Read More »
Construction work on the first four boreholes at Serbia’s only underground gas storage facility in Banatski Dvor is nearing completion. Three boreholes have already been finished, while the fourth is expected to be completed in October, allowing the first gas injection to begin. In addition to the boreholes, above-ground systems for gas preparation, including well
Serbia: VE Rakova Bara seeks approval for 150 MW wind farm in Kucevo Read More »
Local company VE Rakova Bara has submitted a request to the Ministry of Environmental Protection to determine whether a full environmental impact assessment is required for the planned Rakova Bara wind farm in the municipality of Kucevo. The project is designed to cover 142,361 square meters and feature 19 turbines with a total installed capacity
The Energy Agency Council has approved an increase in regulated electricity prices for households and small customers, following a request from power utility EPS. From 1 October, prices for guaranteed supply will rise by 6.6%. The agency stated that the adjustment reflects higher costs associated with access to the transmission and distribution network. Additionally, the
Serbia: US extends sanctions deadline for NIS until late September Read More »
The US Department of the Treasury has once again delayed the enforcement of sanctions on Serbian oil company NIS, marking the sixth extension of the deadline. According to the Serbian Government, the new date for the possible implementation is set for 26 September. Officials emphasized that despite ongoing geopolitical challenges, NIS continues to ensure stable
At the request of transmission and distribution system operators EMS and EDS, the Council of the Energy Agency (AERS) has approved updated access fees for the transmission and distribution networks, which will take effect on 1 October. The transmission fee for 2025 will increase by 10% compared with the level set on 1 October 2021,
State Secretary at the Ministry of Mining and Energy, Sonja Vlahovic, announced that the Kostolac wind farm is on schedule to begin trial operations by the end of the year. All 20 turbines at EPS’ first wind project have now been installed. Once fully operational, the wind farm is expected to generate around 187 million
Serbia: NIS seeks another OFAC license extension amid US sanctions risks Read More »
Serbian oil company NIS has formally requested another extension of its operating authorization from the US Treasury’s Office of Foreign Assets Control (OFAC), as the current one-month waiver is set to expire on 27 August. The company has already received five consecutive renewals, each allowing it to continue daily operations while US authorities assess the
Serbia is nearing the completion of a new long-term natural gas supply agreement with Russian company Gazprom, with only a few details remaining to be finalized. Energy Minister Dubravka Djedovic highlighted that Russian gas played a crucial role in ensuring uninterrupted deliveries to households and industry during the peak of the energy crisis. She emphasized
Serbia: CWP Europe commissions 6 MW rooftop solar system at Henkel facility Read More »
CWP Europe has completed and commissioned a 6 MW rooftop solar installation at Henkel Serbia’s Krusevac facility. The project, developed in partnership with Resalta and financed by UniCredit Bank, was delivered under an ESCO model, with CWP Europe serving as the principal investor. The system is now fully operational and is expected to generate approximately
