has launched a strong investment cycle in the energy section worth more than
three billion euros, which will provide long term energy stability of the
country, said Mr. Aleksandar
Antić, the Minister
of Mining and Energy at the conference “Investments and new capacities - a
guarantor of energy stability.” For the past two years, Public Enterprise
Electric Power Industry of Serbia, supported by the Government, has been completely
committed to implementation of the major strategic investment projects related
to application of the ultra modern technologies, increasing energy efficiency, construction
of new modern plants and rehabilitation of the existing and reliable ones.
- We are working hard and we have a
strong investment cycle for which I truly believe that it is experiencing some extra
mainspring that would have a major influence on our energy stability - said Mr.
the end of 2015, numerous projects have been successfully restarted. Construction
of a new thermal unit
in Kostolac, then the “green” project in Kolubara, modernization of HPP Zvornik
and small hydropower plants, construction of desulphurization plants and the
first EPS windfarm in Kostolac, have all been initiated. With works on HPP
Djerdap 1, HPP Zvornik and HPP Bajina Bašta, the hydro capacity has been
increased by 140 MW, while the thermal capacity is by 220 MW higher due to works
on TENT A and TENT B and TPP Kostolac B.
- This means that from 2015 to 2017, via
mentioned projects of rehabilitation, procurements of modern equipment, environmental
protection and preliminary activities regarding construction of the new
capacities - we made investments of 1.2 billion euros in all sections: energy
production, coal production, distribution system and quality of supply – communicated
Mr. Vladimir Marković, the director
of the Key Investment Projects Department in EPS.
the strategic aims of PE EPS from 2018 until 2027, the priorities are focused
on supply stability, meeting environmental requirements, modernization,
economic sustainability and further implementation of investments.
Therefore, 1.1 billion euros will be invested in mining, 1.7 billion euros in
the thermal section, 0.7 billion euros in renewable resources and 1.4 billion
euros in distribution and corporative projects. Taking it all, the investments until
2027 will amount 4.9 billion euros - added Mr. Marković.
conference, which gathered the expert public, was organized by Balkanmagazin, the
portal for energy.