For the first time since its reconstruction following the 1999 NATO bombing, the fuel storage site near Pozega is set to add two new tanks, each with a capacity of 2,500 cubic meters. The expansion is included in an Urban Development Project currently on public display by the Municipality of Pozega. The Pozega depot originally […]
The International Monetary Fund (IMF) resident representative in Serbia, Lev Ratnovski, stated that electricity prices should be adjusted annually based on inflation and underlying energy-sector costs. Implementing an annual pricing formula would help avoid sudden, large increases, provide consumers with greater predictability, and support suppliers in maintaining reliable, high-quality service for households and businesses. During
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
Financing for the Bistrica pumped-storage hydropower plant was the main topic during a meeting between Serbia’s Energy and Mining Minister Dubravka Djedovic and a delegation from the Japan International Cooperation Agency (JICA). The discussion took place during JICA’s fourth expert mission to Serbia and reviewed preliminary project valuations prepared by the agency’s consultants. Minister Djedovic
The desulphurization facility at the TENT B thermal power plant is nearing the end of its construction phase. Civil works have been completed, and commissioning is underway with staged testing of individual components. The initial release of flue gases and limestone slurry through Absorber B1 was successfully conducted, with a similar trial for Absorber B2
In July 2025, a total of 481,815.7 MWh of electricity was traded on the Serbian energy exchange SEEPEX’s day-ahead market, representing a 4.7 percent decrease compared to June and 2.4 percent less than July 2024. The average daily traded volume stood at 15,542.4 MWh. Despite the drop in traded volume, prices increased notably. The average
The Memorandum of Understanding for the development of the Djerdap 3 pump-storage hydropower plant is nearing completion and is expected to be signed once harmonization is finalized, according to Serbian Minister of Mining and Energy Dubravka Djedovic. This announcement followed her meeting with Romanian Energy Minister Ivan Bogdan, during which they discussed expanding joint energy
Serbia: NIS launches tender for enhanced oil recovery pilot project at Velebit field Read More »
NIS has initiated a tender for the construction of a system to evaluate the feasibility of an enhanced oil recovery (EOR) method at the Velebit exploitation field in the municipality of Kanjiža. Velebit, Serbia’s largest oil deposit, was discovered in 1968, with production starting in 1985. The pilot project aims to increase output by injecting
The number of prosumers in Serbia has reached 5,071, collectively contributing 106 megawatts (MW) of installed capacity, according to the latest register maintained by the Electricity Distribution System (EDS). This growth reflects increasing participation from households, businesses, and local authorities in renewable energy production. Households form the largest group by number, with 3,667 prosumer homes
Dušan Bajatović, general director of the state-owned gas company Srbijagas and a member of the government team addressing US sanctions related to Serbian oil company NIS, stated that the recent postponement of full US sanctions implementation has allowed NIS to continue operating without disruption. Bajatović emphasized that a lasting resolution will require an agreement acceptable
