Serbia Energy Weekly news digest 4/2014, News Serbia Energy
Serbia Power Utility Company (EPS) continues cooperation with Italian company “Edison” in the project of thermal power plant (TPP ) “Kolubara B ” and does not negotiate with other companies, it was confirmed today in EPS for “Serbia Energy”.
Electricity production of HPP Djerdap 1 is smaller for three per cent for the first ten days, due to a reduced flow of water from the Danube.
Due to favorable electricity prices of Slovenian and German retailers, Electric Power Industry of Croatia has already lost 30,000 customers which is why they were forced to lower the price of electricity by 10 percent, but the competitors responded to the challenge with even bigger price cuts.
Most countries of Southeastern Europe face with energy deficit. – It is far advanced in the regulation reform.
As Serbia is more closer to real market prices of electricity, the entrance door to investment, energy efficiency and investment in renewable energy will be opened wider.
Serbia Power Utility Company EPS will increase income and investments and initiate organizational changes for saving 36 MEUR per year in 2014th, says acting General Director of EPS.
Zorana Mihajlović, Serbian minister energy, development and environmental protection, met on Monday with a delegation of U.S. company General Electric “concerning the realization of South Stream pipeline project through Serbia.” .
Serbia mining: Freeport McMoran – Reservoir Minerals gold-copper location confirms deposits in east Serbia
Reservoir Minerals Inc. has released an initial resource estimate for a high sulphidation epithermal (HSE) zone of mineralization within the Cukaru Peki copper-gold deposit at its Timok project in eastern Serbia.