State-owned power utility EPS has announced that coal production at the Kolubara mining basin has remained stable and is performing above expectations. Since the beginning of the year, output has exceeded planned levels by 6%. The company attributes this success to efficient operational management and the dedication of its workforce, which has ensured consistent coal […]
Serbia strengthens energy ties with Azerbaijan at Southern Gas Corridor Advisory Council Read More »
At the 11th Ministerial Meeting of the Southern Gas Corridor Advisory Council in Baku, Serbian Assistant Minister of Oil and Gas, Sasa Kokovic, emphasized the growing energy partnership between Serbia and Azerbaijan. He highlighted the completion of the Serbia-Bulgaria gas interconnector in December 2023 as a major milestone in Serbia’s integration into regional energy infrastructure.
Serbia hires BlackSummit capital for lobbying amid US sanctions on NIS Read More »
In response to US sanctions targeting its energy sector, particularly the oil company NIS, the Serbian Government has enlisted the lobbying services of BlackSummit Capital. The firm’s role is to assist Serbia in navigating the sanctions imposed on NIS, which is partly owned by the Russian company GazpromNeft. A document from the US Department of
Serbia: Fortis Energy to develop 144 MW Juhor wind farm, expands renewable projects Read More »
Turkish renewable energy company Fortis Energy has announced plans to install 20 wind turbines, each with a capacity of 7.2 MW, as part of its 144 MW Juhor wind farm project in central Serbia. Currently in the regulatory and technical planning phase, the Juhor wind farm is expected to generate over 425 GWh of electricity
Serbia: Oil pipeline to Hungary set to boost diversification and lower costs by 2027 Read More »
Serbian President Aleksandar Vučić has announced that the design phase for the new oil pipeline to Hungary will be completed by the third quarter of this year, with construction slated to begin in the fourth quarter. The pipeline is expected to be fully operational by the first quarter of 2027, with an investment estimated at
Serbia: SEEPEX sees 7.6% increase in March 2025 electricity trading volumes Read More »
In March 2025, a total of 509,291.6 MWh of electricity was traded on the day-ahead market of the Serbian Energy Exchange (SEEPEX), marking a 7.6% increase from the previous month. This amounts to an average of 16,428.8 MWh per day. Compared to March 2024, the trading volume surged by 43.6%. The average daily base price
Serbia: EPS to invest 450 million euros in Kolubara lignite mine Read More »
EPS is investing 450 million euros in new equipment at the Kolubara coal mine to increase its production capacity, the energy ministry Dubravka Djedovic Handanovic said in a press release. The investment also involves the launch of replacement production capacities to enable the exploitation of coal from surface mines, as well as the construction of
EPS doubles its profit in Q1 Read More »
The Board of Directors of Elektroprivreda Srbije (EPS) Joint Stock Company adopted the Report on the three-year business plan implementation for the first quarter of 2024, revealing that the company’s profit reached 28.3 billion dinars. This figure is twice as high as projected, EPS announced today. The profit marks a five percent increase compared to
Serbia: Nofar starts building a 26 MW solar park Read More »
Nofar Energy started the construction of a 26 MW solar park in north Serbia, divided into two units that would be connected to the distribution network. The project is worth around 25 million euros. The company said it would complete it before the end of the year. Two units have connection approval for 9.999 MW each from
EU strategic plans rely on Serbian lithium Read More »
The prospect of lithium extraction in Serbia has reignited fears of environmental devastation among its citizens, following the European Commission’s (EC) announcement of negotiations regarding a memorandum on critical raw materials. Despite vocal opposition to lithium mining, particularly concerning potential ecological disasters, Maroš Šefčovič, the European Commissioner for the “Green Plan,” revealed progress in finalizing the memorandum, focusing
