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Serbia’s EPS Reports Significant Profit Growth Amid Operational Challenges

In 2025, Elektroprivreda Srbije (EPS), Serbia's state-owned electricity utility, achieved a notable financial turnaround, posting a net profit of €330 million, an increase from...

EPS Introduces Dynamic Pricing Options for Corporate Electricity Consumers in Serbia

Elektroprivreda Srbije (EPS), Serbia's state-owned electricity provider, is enhancing its commercial electricity supply offerings by rolling out a range of market-based pricing contracts tailored...

Serbia: EMS launches €50 million Belgrade 50 substation project under BeoGrid 2025 expansion plan

Serbia’s electricity transmission operator EMS has signed a contract with a consortium of construction firms to build the new 400/110 kV Belgrade 50 substation...

Serbia: EPS begins trial production at newly completed 66 MW Kostolac wind farm

State-owned power utility EPS has confirmed that construction of the Kostolac wind farm has been completed and that the facility has started generating its...

Serbia’s EPS stuck in the slow lane: Why the utility is failing to bring new power plants online

Serbia’s energy system is built on a paradox. The country urgently needs new electricity-generation facilities to secure supply, support industry, and accelerate the shift...

Serbia: EPS begins testing Kostolac wind farm

State-owned power utility EPS has started testing the switchgear at the Kostolac wind farm, the company’s first wind energy project with an installed capacity...

Latest news

Electricity and carbon costs reshape SEE industrial export economics

Analysis developed by Virtu.Energy Banks financing manufacturers across Southeast Europe increasingly need to assess whether borrowers can preserve their EU export margins after electricity costs, embedded...

ETS and CBAM reshape SEE electricity trade as carbon costs squeeze export margins

Analysis developed by Virtu.Energy Electricity producers, traders and banks across Southeast Europe are facing a growing gap between prices available on neighbouring EU electricity exchanges and...

Croatia amends Electricity Market Act to expand aggregation, grid studies, and connection rights

Croatia’s amended Electricity Market Act entered into force on October 15, 2026, introducing changes that go beyond conventional electricity-market reform. The legislation reshapes the...

Boron One Piskanja boron project valuation rises to €569m in updated assessment

Canadian mining company Boron One Holdings has raised the projected economic value of its Piskanja boron project in southern Serbia to approximately €569 million....

SEE electricity prices surge as wind generation drops and Serbia becomes the region’s most expensive market

Southeast European day-ahead electricity prices rose sharply on Friday, with Serbia emerging as the region’s most expensive market as weaker wind generation, higher cross-border...