Serbia Energy Weekly news digest 2/201417. January 2014. / News Serbia Energy
Thermal Power Plants Nikola Tesla will achieve 99.7% electricity generation plan in 2013, and most likely this fiscal year will round up with a positive financial result, unlike in 2012, when it was in the minus.
Serbian Oil Industry (NIS) has implemented an investment program worth more than half a billion EUR in 2013, says NIS CEO Kirill Kravchenko.
Ministry of Energy, Development and Environmental Protection announced last week the second call for the allocation of 143 locations for the construction of small hydro power plants in the 20 local governments in Serbia.
A new phase of liberalization of the electricity market started on 1.1.2014, for about 3,200 customers in the medium voltage, which will, as expected, bring a little bigger prices but also more secure energy supply.
Two major investments are under construction, Bistrica hydro power plant and thermal power plant Stavalj. There are no more state guarantees for energy investments, so Ministry of Energy stands for concessions and public-private partnerships.
2013 was a good year for NIS j.s.c. Novi Sad; however, it was harder than the previous one due to the macroeconomic situation, increase of taxes, excise duties and some other factors. Nevertheless, despite all this, NIS has made progress.
Serbian electricity market is increasingly open to competition. From 1. January started the second phase of liberalization and, in addition to large factories, also all public companies and institutions need to choose their supplier. Most consumers choose EPS.
The Energy Agency has adopted rules on the monitoring of technical and commercial parameters and quality regulation of electricity and gas supply. This will enable the establishment of quality standards for the delivery of these fuels and penalties
There are about 3.200 companies that have lost the right to supply electricity at a regulated price so they need to choose electricity suppliers. Problem is, that most economists meet completely unprepared that market liberalization that has been announced for a long time.
The Green for Growth Fund, Southeast Europe (GGF) signed a senior loan facility of EUR 5 million with Intesa Leasing Belgrade (ILB) in Serbia to provide energy efficiency (EE) financing for a wide range of business and agricultural clients across the country.
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