Serbia s largest energy storage company

How much power does Serbia have?

It currently has a total capacity of approximately 3490 megawatts (MW) of renewables, with 2342 MW in hydropower in 2019 according to the European Energy Community. Serbia announced plans to install new hydropower plants and two existing dams, and to rehabilitate a further 15 existing power plants totaling around 30 MW with EBRD financing.

What is Serbia's energy investment plan?

The Ministry of Mining and Energy has announced a €15 billion investment plan for the electricity sector in next several years, expecting to reach more than 3 GW of renewable energy production plants. The main players and investors in the Serbian Energy Sector are:

What percentage of Serbia's electricity comes from coal?

Serbia’s national power utility Electric Power of Serbia (EPS) produces nearly 70 percent of the country’s electricity from coal and nearly 27% percent from hydropower, with approximately 4% coming from private developers in wind and solar energy. Serbia heavily subsidizes coal and electricity prices, inhibiting competition.

Will Serbia develop a 1 GW solar power plant?

As a first step, in August 2023, the Serbian Government published a public call for a strategic partner to develop a 1 gigawatt (GW) solar PV power plant, together with a minimum of 200 MW of storage. The government also announced that it will publish a similar call for the development of a 1 GW wind power plant by the end of this year.

Will Serbia build reversible pumped-storage hydropower?

Serbia has long-standing plans to construct reversible pumped-storage hydropower capacity at the Djerdap site on the country’s eastern border with Romania and the Bistrica site on the Bosnian border in the west.

How many wind power plants does Serbia have?

Through its fully subscribed feed-in tariff program (long-term contracts which provide guaranteed pricing to renewable producers), Serbia has contracted 568 MW of wind power plants and approximately 11 MW of solar plants.