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Serbia’s power sector takes significant steps toward sustainability with new investments in Kostolac

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The past year will be remembered as a time when significant investments in Serbia’s power sector gained momentum. One of the most notable projects took place in Kostolac, where the energy system saw the launch of the new Block B3 at the “Kostolac B” thermal power plant. After over three decades, the new block has modernized the plant with increased efficiency, meeting both domestic and European environmental protection standards.

With an additional 350 megawatts, Elektroprivreda Srbije (EPS) has bolstered Serbia’s electricity grid, enhancing the overall safety and stability of the country’s energy system. The annual output of Block B3 is expected to reach between 2.2 and 2.5 billion kilowatt-hours. EPS emphasized that the construction of the new thermal block was in line with the strictest European technical regulations and environmental standards. In fact, during warranty tests, the emissions were even lower than the required values.

Kostolac is also the site of two other ambitious projects – a wind farm and a solar power plant. The construction of the “Kostolac” wind farm is progressing rapidly, with new wind turbines being erected daily. The wind farm will feature 20 turbines with a total capacity of 66 megawatts, making it the first wind energy production facility for EPS. Located on the former landfills of thermal power plants and mines, the wind farm is expected to produce 187 million kilowatt-hours annually, which will be enough to power around 30,000 households. The project is scheduled to be completed by mid-2025.

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Additionally, EPS is building the “Petka” solar power plant on an old mining dump in Kostolac. Spanning 11.6 hectares, this solar farm will have an installed capacity of 9.75 megawatts, with a projected annual output of 15.6 gigawatt-hours. It is expected to be operational by early 2025.

As part of its broader strategy, EPS is focusing on increasing its renewable energy share, with plans to use more renewable energy sources in the coming years. The company aims to achieve a 45% renewable energy share in its portfolio by 2030. In line with this, EPS is also continuing with the revitalization of existing hydroelectric plants. The reversible HPP “Bajina BaÅ¡ta” is expected to be completed in 2025, while the revitalization of HPPs “Vlasinskih,” “Bistrice,” “Potpeć,” and “Djerdapa 2” are already in the pipeline. These revitalizations will not only ensure greater reliability but also increase the aggregate power and production capacity of these plants. Each megawatt-hour produced through green energy will significantly benefit EPS, the Serbian economy, and society as a whole.

EPS is also preparing for the construction of the reversible HPP “Bistrica”, which will have a capacity of around 650 megawatts. This new facility will help ensure better regulation of the energy grid and support the integration of renewable energy sources. Additionally, EPS is working on a 1 gigawatt solar project in collaboration with a consortium led by Hyundai Engineering, which will further enhance the country’s renewable energy capacity.

Overall, EPS’s ongoing and upcoming projects represent a major step forward for Serbia’s energy sector, driving both sustainability and energy security for the future.

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