A trader-led structural model...

In South-East Europe, gas–power interaction has moved decisively beyond simple fuel substitution logic....

Liquidity, LNG volatility, basis...

South-East Europe’s gas markets have quietly crossed a structural threshold. What once functioned...

Rising U.S. LNG dependence...

The European Union’s growing dependence on U.S. LNG is often framed as a...

European gas prices at...

European gas prices have fallen to their lowest levels in more than a...
Supported byClarion Energy
HomeNews Serbia EnergySerbia: EPS advances...

Serbia: EPS advances modernization of hydropower and renewable energy projects

Dragan Stankovic, Director of the Department for Maintenance and Investment in Hydropower Plants (HPPs) and Renewable Energy Sources (RES) at the state-owned power utility EPS, announced ongoing efforts to modernize the hydropower segment. The revitalization projects for HPPs Bistrica, Potpec, Djerdap 2 and Vlasinske are currently underway. These revitalization efforts have already resulted in an additional 200 GWh of electricity production per year.

Stankovic highlighted that the Spatial Plan for the construction of the pump-storage hydropower plant at Bistrica is nearing completion, with no objections raised from neighboring countries regarding the project.

EPS is also investing in various renewable energy initiatives. Predrag Djordjevic, Project Manager for the Kostolac wind farm, reported that access roads for the 66 MW project have been completed, and work is currently underway on the foundations for the wind turbines. The Kostolac wind farm is set to be connected to the grid in October 2025.

Meanwhile, Jovan Tosic, Project Manager for the Petka solar power plant, indicated that construction is progressing well, with completion expected by February 2025.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Trading Southeast Europe’s power markets: A practical playbook for signals, timing, and risk

Electricity trading in Southeast Europe (SEE) is no longer about forecasting average prices. It is about understanding when prices break away from expectations, where congestion appears before it is visible in spot markets, and how volatility migrates across borders....

Spreads, congestion, and flexibility: Why SEE has become Europe’s real power trading arena

Electricity trading in Southeast Europe (SEE) has entered a new phase. The region is no longer defined by static net import or export positions, nor by simple convergence toward EU benchmarks. Instead, SEE has become Europe’s most dynamic trading arena—a...

How Europe’s power market redesign is exporting volatility into Southeast Europe

Europe’s electricity market is not becoming calmer. It is becoming more precise. The distinction matters profoundly for Southeast Europe (SEE). What is often described as stabilisation at the EU level—through market redesign, long-term contracts, and pricing reform—is in practice...
Supported byVirtu Energy
error: Content is protected !!