EPS a Key Player for the Foundations of the Energy Transition

5/13/2025
From the International Scientific Expert Forum “Western Balkans in Energy Transition”


“Elektroprivreda Srbije” as the bearer of the energy transition, not only in Serbia, but also beyond, has the capacity and is ready to impose the “rules of the game” and lay the foundations for the principles of financing projects in the region”, - said today, Dušan Živković, General Manager of EPS JSC, at the International Scientific Expert Forum “Western Balkans in Energy Transition”.

“Financing the energy transition, which is our reality, is a challenge we are already facing. The sustainability of the transition through the CBAM and ETS mechanisms that should facilitate the financing of the transition process is not and will not be simple and I believe that a third financing mechanism will be sought to enable a sustainable and just transition for the region”, - emphasized Živković.

At the panel discussion “Energy Transition of Power Industries in the Region”, he reminded that Serbia, Bosnia and Herzegovina and Montenegro currently have around 6,000 MW from fossil fuels and that replacing these capacities must involve good regional cooperation and coordinated activities.

“It is crucial that we have common positions towards the Energy Community, the European Commission, since large amounts of CO2 are at stake, tens of billions of euros of investment, with the imperative of maintaining energy security and the fact that profitability is expected from power companies and company management at the same time”, - concluded the first man of EPS.

The panel discussion within the International Scientific Expert Forum “Western Balkans in Energy Transition” held at the Serbian Chamber of Commerce was attended by directors and representatives of the power companies of Republika Srpska, Bosnia and Herzegovina and Montenegro.

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