Sitemap

Energy Originating From RES For Open Market Customers

CorD Recommends

Minister Jovanović Earns Reformer of the Year for Leading Serbia’s Digital Overhaul

Mihailo Jovanović, Serbia's Minister of Information and...

AIK Bank Expands with NDM Leasing Acquisition

AIK Bank, a leading force in Serbia's...

Putin Wins Russian Election Decisively

Presidential candidate Vladimir Putin has won 87.26 percent of the vote based on 60 percent of the ballots counted,...

Vaughan Gething to Become First Black Welsh Premier and First Black Leader in Europe

Vaughan Gething is set to make history as the first black Premier of Wales following his victory in the...

New ENEF II Fund to Propel Growth in Western Balkans

The European Bank for Reconstruction and Development (EBRD) has announced the introduction of the Enterprise Expansion Fund II (ENEF...

European Parliament Passes Groundbreaking AI Law

The European Parliament has adopted the Artificial Intelligence (AI) Act, aiming to safeguard fundamental rights, democracy, the rule of...

Mariya Gabriel Endorses Horizon Europe’s Widening Measures to Bridge Research Gap Ahead of Bulgarian Premiership

Mariya Gabriel, set to ascend to Bulgaria's prime ministerial role in March, champions Horizon Europe's Widening measures as a...

Green energy is immediately available and the contracting procedure for ZelEPS (“GreenEPS”) is very simple

Day after day, the world around us is increasingly turning towards measures to increase energy efficiency and maximize contribution to the preservation of the environment. It often appears that the entire process takes place slowly, but every step and every influence of an individual or a company is priceless. In addition to the investment projects for environmental protection and increased use of renewable energy sources, Electric Power Industry of Serbia “boarded the green ship” together with its commercial customers.

As a pioneer, two years ago EPS began selling green energy to the open market customers. It is energy generated in EPS’ hydro power plants, and each kilowatt-hour from the ZelEPS package has a guarantee of origin. The system of guarantee of origin is regulated at the European level, so that the guarantee issued in Serbia is valid in other countries, and in accordance with the rules of the European Association.

Today, there are seven EPS’ hydro power plants with a capacity of 1,560 megawatts in the guarantee system. Intensive work is also being done on the inclusion of the other hydro power plants in this system, and the plan is to offer the customers kilowatt-hours originating from the solar and wind power as well.

“We are pointing up that our green energy is immediately available and that the ZelEPS procurement procedure is very simple. Customers can conclude new contracts for green energy supply, if the existing one expires or can make their current supply “greener”, with a simple Annex to the existing Contract. Our managers are available to provide customers with all the necessary information and help them make the procedure of purchasing “green” energy simple and easy”- says EPS Supply, EPS’ Branch. – “Our first customer of the ZelEPS package was Procredit Bank. In addition to the banks, EPS’ green energy has been purchased by the companies active in industrial production. Our estimate is that the customers are interested in increasing their reputation through the purchase of environmentally friendly products, but also in reducing carbon dioxide emissions through less use of fossil fuels.”

The number of interested customers for ZelEPS is constantly growing. Green energy sold with a guarantee of origin in 2020 was ten times higher than in 2019. The amount contracted for this year is currently 50 percent higher than in 2020. With this “green” offer, the customers remain loyal to the largest power company in Serbia, and a number of them recognizes EPS’ efforts to keep up with the European Union and the world.

“It is interesting that a number of customers, and that number is increasing each year, sees the purchase of green energy as an imperative of their supply. EPS is, in addition to the price, competitive in every segment, because we offer all the benefits and information about this type of electricity supply to our customers” – says EPS. – “In the coming period, we will dedicate our time to offer as much as possible of our green energy to our customers in Serbia. The priority is to enable electricity customers in Serbia to operate environmentally friendly and to realize all the benefits of this choice. The placement of guarantees of origin on foreign markets is the secondary objective, only after meeting the needs of customers in Serbia.”

Centuries-Old Tradition

Green energy production is part of the centuries-old tradition of EPS, and today green energy is generated in 15 hydro power plants with the capacity of 3,015 megawatts, which is 38 percent of EPS’ power potential. EPS realizes a third of the total production in hydro power plants, and the project for the construction of the first wind farm in Kostolac is ongoing, therefore, the water power will soon be increased by the wind power.

Related Articles

Hydroelectric Development on Drina: Serbia, Srpska Sign Key Agreement

Serbia and the Republic of Srpska have taken a notable step in regional energy development by signing an agreement through the Electric Power Company...

Serbia and CESEC Members Reinforce Energy Sector Connectivity at Athens Meeting

At a high-level ministerial meeting of the Central and Southeast European Energy Connectivity (CESEC) group in Athens, Serbia, represented by the Minister of Mining...

Nine Serbian Firms Among Southeast Europe’s Top 100 Companies

Nine Serbian companies have secured spots on the list of Southeast Europe's 100 most successful businesses in 2022, the SEE TOP 100.  This prestigious...

Of The Seven Members Of EPS New Supervisory Board Three Are From Norway

The Minister of Energy, Dubravka Đedović, presented to the Government of Serbia the new members of the Supervisory Board of the joint-stock company Elektroprivreda...

EBRD Supports Modernisation Of Serbia’s Elektrodistribucija

The European Bank for Reconstruction and Development (EBRD) is extending a €40 million loan to Serbia’s electricity distribution company, Elektrodistribucija Srbije (EDS) to finance the roll-out...

4 Ways To Make Solar Panels More Sustainable

Solar panels provide the largest and cheapest source of renewable energy. But there is still room to reduce the high emissions created when building...

Comment

The Shift Is On

After many years of fatigue, it seems that the National Plan for Energy and Climate, as well as the forthcoming Energy Development Strategy, signal...

Zorana Mihajlović Ph.D. Minister Of Energy And Mining

We Have Thoughtfully Embarked On Deep Reforms

The major changes we’ve instigated in the energy sector are connected deeply, and in multiple ways, with overall economic development, while they have a...