EPS advances renewable energy and hydrogen projects with 45% green energy goal by 2030

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Elektroprivreda Srbije (EPS) is advancing renewable energy projects, diversifying energy sources, and improving efficiency with the goal of producing 45% of its electricity from renewables by 2030, according to Aleksandar Latinović, head of System Services at EPS.

EPS is currently operating the 10 MW Petka solar plant on a trial basis and is finalizing its first wind farm, with testing of the connecting switchgear underway. This year, EPS expects to provide 76 MW of green energy from the Kostolac site alone.

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A key strategic project remains the reversible Bistrica hydroelectric plant, which will enhance system balancing and act as a major energy storage facility comparable in capacity to all battery storage currently operating in Europe. EPS is also developing a 1 GW solar project and renewable installations on closed ash deposits, abandoned open-pit mines in Kolubara and Kostolac, and its own building rooftops.

Hydrogen is being explored as a new energy vector. EPS is analyzing its feasibility both as a fuel replacement and as an energy source produced within its plants, emphasizing that energy independence is a top priority.

The announcement was made during the Korea–Serbia Strategic Energy Development Forum, organized by the Serbian Ministry of Mining and Energy and the Korean Trade-Investment Promotion Agency.

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