Investors interested in developing 3,000 MW of wind power projects in Serbia

Conferences

Photo by Blue Planet Studio/Shutterstock

Investors are currently interested in developing 3,000-megawatt (MW) of wind power projects in Serbia, Dragan Vlaisavljević, executive director for electricity trading at state power utility Elektroprivreda Srbije (EPS), told the Trebinje Energy Summit, as cited by energy portal Balkan Green Energy News. 

File photo is illustrative only, by Blue Planet Studio/Shutterstock

These 3,000 MW of wind power projects have already applied for connecting to the transmission system operator Elektromreža Srbije’s (EMS) grid.

Many of these projects do not even need feed-in tariff as they are commercially viable without it, said Vlaisavljević, adding that these investors are coming to EPS to inquire about balancing costs. Of the 3,000-MW, according to his estimate, around 1000-MW is commercially viable.

EPS is responsible for balancing for all wind farms is Serbia, and currently 360-MW are connected to the grid. Wind power intermittency on the locations of the wind farms is considerable, with the average intermittency 10 times higher than in the North Sea, according to the director.

Continuous trading on electricity markets would additionally help EPS with balancing, but is currently not feasible, Vlaisavljević said, Balkan Green Energy News reported.

Lenders' Home Loan Outlays at HUF 344 bln in H2 2023 Banking

Lenders' Home Loan Outlays at HUF 344 bln in H2 2023

Gov't Calls on Fuel Companies to Adjust Prices to Regional A... Government

Gov't Calls on Fuel Companies to Adjust Prices to Regional A...

Spar Magyarország Revenue Climbs Close to 16% in 2023 Retail

Spar Magyarország Revenue Climbs Close to 16% in 2023

Hungary Launches HUF 15 bln Tourism Sector Support Program Tourism

Hungary Launches HUF 15 bln Tourism Sector Support Program

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.