Serbia seeks stable gas supply amid European push to cut Russian imports Read More »
Serbia should sign a long-term gas supply contract with Russia, according to Srbijagas Director Dušan Bajatović. The General Manager of Srbijagas stated that Serbia will negotiate a long-term agreement with Russia for the procurement of gas. “We will get a long-term contract. There is still a question of price. It will not be for less […]
Region: Preparations underway for Serbia–Hungary oil pipeline construction Read More »
Preparations are progressing for the construction of the Serbia–Hungary oil pipeline, with authorities working to secure the necessary location conditions. The upcoming stages will involve drafting the main design required for obtaining a construction permit and conducting an environmental impact assessment. These measures aim to accelerate the start of construction, according to Serbia’s Minister of
Serbia: SANY to develop Alibunar wind farms with commercial operations starting in 2028 Read More »
SANY Renewable Energy, a Chinese company entering Serbia’s renewable energy market for the first time, has announced that its wind power projects, Alibunar 1 and Alibunar 2, are scheduled to begin commercial operation in 2028. Together, the two wind farms will have a total installed capacity of 168 MW and are expected to generate around
Serbia is making significant progress in developing its energy infrastructure as part of a broader strategy to align with the European Union’s energy market. A key step in this process is the ongoing development of a gas interconnector with North Macedonia. Funded by the EU, the feasibility study for this pipeline is expected to be
Construction has officially started on a new 400 kV dual-circuit transmission line linking Obrenovac to Bajina Bašta, marking a major advancement in Serbia’s energy infrastructure. This project, initiated near the Obrenovac substation, is part of the wider Trans-Balkan Corridor and aims to improve regional electricity transmission capacity and system stability. Stretching over 109 kilometers, this
Serbia: Srbijagas reports higher revenues but lower profit in 2024 amid debt reduction Read More »
In 2024, gas company Srbijagas saw a notable increase in operating revenues but experienced a significant decline in net profit. According to the company’s financial report, net income dropped to 71.6 million euros from 102.7 million euros in 2023. Despite the lower profitability, total operating income rose by 5% to nearly 1.55 billion euros, indicating
Serbia’s state-owned power utility, Elektroprivreda Srbije (EPS), has initiated a public procurement process to hire a consultant who will serve as the FIDIC engineer for the concluding phase of the Kostolac B3 thermal power plant project. The estimated value of the contract is around 600,000 euros. The role, defined under the FIDIC “Yellow Book” framework,
Serbia advances energy security with new gas pipelines and oil supply diversification Read More »
Serbia plans to build two new gas pipelines over the next three years, connecting the country to North Macedonia and Romania. These projects, supported by the European Union, aim to strengthen Serbia’s energy network and diversify its gas supply routes. The pipeline to North Macedonia will link Serbia to the Trans-Anatolian (TAP) pipeline, providing access
Serbia: Energy exchange SEEPEX reports May 2025 trading results Read More »
In May 2025, a total of 503,321.1 MWh of electricity was traded on the day-ahead market of the Serbian energy exchange SEEPEX, marking a 0.7% increase compared to April. The average daily traded volume stood at 16,236.2 MWh. Compared to May 2024, the traded volume was 26.7% higher. The average daily base price on the
Serbia: Egesa Enerji launches first solar projects with 8.6 MW capacity Read More »
Turkish company Egesa Enerji has begun work on two solar power plant projects in Serbia’s Vojvodina province, in the towns of Aradac and Odzaci. The total installed capacity will be 8.6 MW—4.2 MW in Aradac and 4.4 MW in Odzaci. Local firm Solarna Energija Buducnosti will supply the necessary solar equipment, including photovoltaic panels, inverters,
