Dušan Živković, Director of Elektroprivreda Srbije (EPS), stated that the company’s goal is to avoid increasing electricity prices for households this year. Živković told RTS that the price of electricity for households has not increased since 2023, and the plan is to keep it that way this year. Instead, the company aims to achieve savings through transformations, which will cover the costs of projects that EPS is investing in.
He also mentioned that EPS entered this period with sufficient coal reserves and hydropower potential, and plans to increase these reserves by 10% and the accumulation by 20%.
First EPS wind farm turbines installed
Živković also shared that the last of the 20 wind turbines for EPS’s first wind farm in Kostolac, with a capacity of 66 megawatts, has been installed. “At the same time, all solar panels have been installed at the ‘Petka’ solar power plant, and we expect it to be connected to the grid by the end of May,” Živković said to RTS, as reported by EPS.
He emphasized that these are two important investment projects that will improve EPS’s production portfolio with green energy.
Block B3 operating stably, Bistrica project progressing
The head of EPS further noted that the newly built Block B3, with a capacity of 350 megawatts, in Kostolac is operating stably and is a significant contribution to the stability of the power grid. Currently, any remarks are being addressed within the warranty period to ensure this block serves as a foundation for the next 30 to 40 years.
Živković also explained that the preparation of technical documentation and securing financing for the construction of the “Bistrica” reversible hydroelectric plant is progressing intensively, with preparations for necessary infrastructure works already underway.
