Serbia Energy Weekly news digest 18/2014, News Serbia Energy
The electricity market liberalization in Serbia could go in the third final phase already from the middle of the year if the National Assembly of Serbia adopts a new energy law as it has been proposed.
Possible privatization of Serbia Power Utility Company EPS would provide short-term “lank” financial benefit for the budget, while at the same time would bring great risks. The risks are – the risk of a gradual EPS
“Power Utility Company of Republika Srpska ERS” and “Serbia Power Utility Company EPS” concluded in September 2010th an agreement on a joint draft of the feasibility study for HPPs “Middle Drina
Ministry of Energy announces that by the end of the year Elektromreza Serbia should open the electricity stock exchange in cooperation with the French company “Epex spot.”
For Ministry of Energy the market opening was one of the key issues in the past and this year, and according to Dejan Trifunovic, Deputy Minister of Energy, Development and the Environment Protection
By July 1st, EPS should open up the market for small customers, as it has been already done in the medium and high voltage. The company’s goal is to become an important factor in the production
According to EPS Supply, 56 percent of the electricity will be on the public supply during 2014th, for their own use EPS will spend five percent, distribution losses will be 13 percent and three per cent on the network.
Marko Cokorilo from the company EFT AG said that the company would not include in the Serbian retail electricity market this year and could not even say whether it would happen in 2015th . Speaking
From 1stJuly citizens will be able to choose from whom they will buy electricity, but this option will change nothing, because state owned power utility company EPS has the cheapest price. From 1st July
So far,more than a thousand consumers have not chosen a supplier of electricity yet and therefore they pay for electricity 35 percent more, being on a reserve supply in Serbia power utility company EPS.
After the third phase of the electricity market liberalization, which could begin in Serbia from 1st July this year, the citizens will probably keep power company EPS as a supplier, because it is not profitable
The opening of the electricity market brings big changes to Serbia Power Utility Company EPS, especially as at the same time form the public company status should go into a joint stock company