serbia

Serbia explores geothermal energy to boost clean energy transition Read More »

Serbia explores geothermal energy to boost clean energy transition

Serbia possesses significant untapped geothermal energy resources that have the potential to play a key role in the country’s energy transition. Ivan Jankovic, Deputy Minister of Mining and Energy, highlighted the importance of incorporating geothermal energy into Serbia’s overall energy strategy. As part of an initiative aimed at improving energy efficiency in state-owned buildings, the […]

Serbia strengthens power grid amid growing focus on European energy resilience Read More »

Serbia strengthens power grid amid growing focus on European energy resilience

In light of recent large-scale blackouts affecting multiple European countries, including incidents in the Balkans and on the Iberian Peninsula, Serbia is stepping up efforts to ensure the stability and resilience of its electricity transmission system. These developments will be at the center of discussions at an upcoming energy conference in Kopaonik. Jelena Matejić, CEO

Serbia: NIS proposes €39.2 million dividend payout from 2024 profit Read More »

Serbia: NIS proposes €39.2 million dividend payout from 2024 profit

The Board of Directors of Serbian oil company NIS has submitted a proposal to the shareholders’ assembly detailing the allocation of its 2024 profit. In line with long-standing company policy, NIS intends to distribute 25% of its annual profit to shareholders as dividends—a tradition maintained consistently, except during the pandemic. According to the board’s proposal,

French firm Akuo Energy signs power purchase agreement for Serbia’s largest wind farm, Bela Anta 2 Read More »

French firm Akuo Energy signs power purchase agreement for Serbia’s largest wind farm, Bela Anta 2

French renewable energy company Akuo Energy has finalized a power purchase agreement (PPA) with Serbia’s state-owned utility EPS for the Bela Anta 2 wind farm. The agreement covers the full 80 MW capacity of the project and includes responsibilities for network balancing. Bela Anta 2 is developed by Matrix Power, a wholly owned subsidiary of

Serbia and Russia to resume gas contract talks as current agreement nears expiry Read More »

Serbia and Russia to resume gas contract talks as current agreement nears expiry

Dušan Bajatović, General Director of Srbijagas, announced that negotiations with Russia over a new gas supply agreement will resume next week. With the current arrangement set to expire on 31 May, discussions are focused primarily on determining the duration of the new contract. According to Bajatović, preliminary talks took place during President Aleksandar Vučić’s recent

Serbia launches tender for consultancy services on €31.9 million biomass market development project Read More »

Serbia launches tender for consultancy services on €31.9 million biomass market development project

The Serbian Ministry of Mining and Energy has issued a public call for expressions of interest in providing consultancy services for a major initiative aimed at developing the biomass market in the country. The project, valued at €31.9 million, seeks to modernize and expand district heating systems using renewable energy sources, particularly biomass, in selected

Serbia: Rosatom offers comprehensive nuclear power solutions to boost energy independence Read More »

Serbia: Rosatom offers comprehensive nuclear power solutions to boost energy independence

Rosatom has announced its readiness to offer Serbia a range of nuclear power plant projects, including both small and large capacity options, according to Marija Deuric, director of the Russian state corporation’s office in Serbia. Speaking at the international scientific forum Energy Transition of the Western Balkans held in Belgrade, Deuric explained that Rosatom is

Serbia: Pumped-storage hydropower plant Bistrica progresses as strategic energy project Read More »

Serbia: Pumped-storage hydropower plant Bistrica progresses as strategic energy project

Representatives from Serbia’s state-owned power utility EPS, local authorities, and non-governmental organizations held a presentation in Nova Varoš to discuss the construction of the Bistrica pumped-storage hydropower plant. Aleksandar Jakovljević, Executive Director for Investments and Development at EPS, underlined the importance of the Bistrica project, calling it the most significant ongoing energy initiative in Serbia.

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