Europe: Gas prices slide...

In Week 30 of 2025, European gas prices declined, with Dutch TTF prices...

Region: Heatwave drives SEE...

In Week 30 of 2025, electricity market prices rose significantly across most Southeast...

Romania: INVL Renewable Energy...

INVL Renewable Energy Fund I, managed by INVL Asset Management and focused on...

Croatia: Summary of Guarantees...

On 29 July, a total of 231,827 Guarantees of Origin (GOs) were sold...
Supported byClarion Energy
HomeNews Serbia EnergySerbia: HPP Bistrica...

Serbia: HPP Bistrica to provide balance and stability to the system in Serbia and a region

Dusan Zivkovic, acting Director of power utility EPS said that Investing in the renovation of existing and the construction of new facilities utilizing renewable energy sources is the cornerstone of the strategic development of the company. Speaking at the Energetika 2023 conference, he said that EPS has full support from the Government. Zivkovic emphasized that EPS is preparing new wind and solar energy projects and continues developing ongoing renewable energy projects.

Currently, there is intense work on the construction of the 680 MW pump-storage hydropower plant Bistrica. HPP Bistrica will provide balance and stability to the system, not only in Serbia but also in the region, and it is a crucial precondition for a higher share of green energy in the country.

He added that coal-based energy is Serbia’s base energy, and is confident that its contribution will be equally significant for the security and stability of the system, as well as for the safe and reliable supply of electricity to consumers.

Therefore, one of EPS’ priorities in the coming period will be the modernization of coal mining and coal-based capacities, with a special focus on improving environmental protection because it is a business imperative for the years ahead. Zivkovic highlighted that the company is undergoing a legal transformation after decades of waiting, and the goal of these reforms is to ensure that EPS operates successfully and profitably.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Region: Heatwave drives SEE electricity prices to summer highs in Week 30 of 2025

In Week 30 of 2025, electricity market prices rose significantly across most Southeast European (SEE) countries compared to the previous week. All markets recorded weekly average prices above €100/MWh, with the exception of Türkiye. This marked the highest price...

Serbia plans to more than double gas imports from Azerbaijan to 1 billion cubic meters annually

The Serbian Energy Ministry has announced intentions to increase annual gas imports from Azerbaijan to 1 billion cubic meters, a rise of over 2.5 times the current agreement of 400 million cubic meters. Negotiations for new supply contracts are expected...

Serbia: US Treasury extends sanctions delay on NIS for fifth time

The US Treasury Department has postponed the activation of sanctions on Serbian oil company NIS for an additional 30 days, marking the fifth extension since January. Serbian Energy Minister Dubravka Djedović noted that securing a further, longer reprieve is currently...
Supported byVirtu Energy
error: Content is protected !!