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Serbia: Banatski Dvor gas storage expansion set for completion by end of 2026 Read More »

Serbia: Banatski Dvor gas storage expansion set for completion by end of 2026

The Ministry of Mining and Energy has announced that the expansion of the Banatski Dvor underground gas storage facility will be completed by 31 December 2026. The project will increase the facility’s capacity from the current 450 million cubic meters to 750 million cubic meters, enhancing Serbia’s ability to store surplus gas during summer months […]

Serbia advances nuclear energy plans with long-term strategy and global partnerships Read More »

Serbia advances nuclear energy plans with long-term strategy and global partnerships

Serbia has completed a foundational technical assessment exploring how nuclear energy could support its peacetime electricity mix. The study, carried out with French experts and aligned with International Atomic Energy Agency (IAEA) guidelines, outlines a three-phase process. The initial phase, expected to last between five and seven years, focuses on planning implementation steps, conducting further

Serbia: EPS launches trial phase of Petka solar power plant, boosts renewable push at Kostolac Read More »

Serbia: EPS launches trial phase of Petka solar power plant, boosts renewable push at Kostolac

The 10 MW Petka solar power plant has officially entered its trial phase, becoming the first solar facility to generate electricity at the Kostolac site. Built on the reclaimed land of a former mining tailings dump, the project highlights state-owned utility EPS’s commitment to cleaner energy solutions. In parallel, EPS is progressing with its on-site

Serbia advances nuclear energy plans with new legal framework and expert coalition Read More »

Serbia advances nuclear energy plans with new legal framework and expert coalition

Serbia is moving forward with its nuclear energy ambitions by amending its Energy Law and partnering with the Vinča Institute for Nuclear Sciences to develop a specialized workforce. A new division within the Ministry of Mining and Energy will lead the national nuclear strategy. To support this initiative, the Ministry signed a Memorandum of Understanding

Serbia to raise residential electricity prices by 7% under IMF agreement Read More »

Serbia to raise residential electricity prices by 7% under IMF agreement

Serbian households will face a minimum 7% electricity price increase by the end of September 2025, in line with commitments under the country’s IMF-supported economic program. Originally planned for October, the adjustment will now include a tightening of the high-tariff “red zone,” reducing the monthly threshold from 1,600 kWh to 1,200 kWh to encourage more

Serbia: Electricity imports surge in 2024 amid rising demand and lower domestic generation Read More »

Serbia: Electricity imports surge in 2024 amid rising demand and lower domestic generation

In 2024, Serbia experienced a notable increase in electricity consumption, coupled with a decline in domestic power generation, leading to a sharp rise in energy imports. Total electricity consumption, excluding internal use, reached 30.8 terawatt-hours (TWh), marking a 2.7% (0.8 TWh) increase compared to 2023. Among consumers, residential demand grew by 1.7%, while other low-voltage

Serbia: Kragujevac launches €44 million citywide gasification project Read More »

Serbia: Kragujevac launches €44 million citywide gasification project

A new framework agreement valued at 44 million euros has been signed to expand the natural gas infrastructure throughout the city of Kragujevac in central Serbia. The project will be implemented by local company DM Invest in partnership with state-owned gas utility Srbijagas as part of a comprehensive gasification program. Mayor Nikola Dasic emphasized the

Region: Serbia and Hungary finalize plans for cross-border crude oil pipeline Read More »

Region: Serbia and Hungary finalize plans for cross-border crude oil pipeline

Serbian state-owned company Transnafta and Hungarian energy group MOL have agreed on the technical specifications for a new crude oil pipeline that will connect the two countries. According to the Serbian Ministry of Energy, the pipeline will cover 113 kilometers within Serbian territory and will be capable of transporting up to 5 million tons of

Serbia: SEEPEX day-ahead electricity trading volume rises 0.4% in June 2025 amid price declines Read More »

Serbia: SEEPEX day-ahead electricity trading volume rises 0.4% in June 2025 amid price declines

In June 2025, a total of 505,516.5 MWh of electricity was traded on the day-ahead market at the Serbian energy exchange SEEPEX, marking a 0.4% increase compared to May. The average daily traded volume stood at 16,850.6 MWh. Compared to June of the previous year, traded volumes rose by 21.2%. The average daily base price

Region: Romania and Serbia sign MoU to launch cross-border gas interconnection Read More »

Region: Romania and Serbia sign MoU to launch cross-border gas interconnection

Romania’s natural gas transmission system operator, Transgaz, and Serbia’s state gas company, Srbijagas, have signed a Memorandum of Understanding (MoU) to advance the development of a gas interconnection between the two countries. The agreement lays the foundation for cooperation by defining the main principles and organizational framework for future joint projects. As part of the

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