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Serbia, EPS is importing 250,000 euros worth of electricity every day

According to sources, due to lack of electricity production from its own facilities, Serbian stateowned power utility EPS is importing 250,000
euros worth of electricity every day, with losses of some 190,000 euros per day, due to the difference in the price of electricity it sells and it
buys.

The main reason why EPS is importing electricity is that the largest coal-fired thermal power plant Nikola Tesla (TENT) is still not operating at full capacity, following the collapse of the electricity system in December and a series of incidents in early January.

For example, last weekend TENT was operating at 35 % capacity, with 1,359 MW out of 3,340 MW in operation. Namely one unit at TENT A and one unit at TENT B were completely out of operation, while others worked with reduced capacity. Currently, EPS imports about 10,000 MWh of electricity per day, which is exacerbated by somewhat lower hydro production, which is unusual for this part of the year.

After a series of incidents at TENT, Acting Director of Serbian state-owned power utility EPS Milorad Grcic has resigned in mid-January. Serbian President Aleksandar Vucic promised that the new Acting Director will be named in a few days, but the company is still without the leadership.

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