The desulphurization facility at the TENT B thermal power plant is nearing the end of its construction phase. Civil works have been completed, and commissioning is underway with staged testing of individual components. The initial release of flue gases and limestone slurry through Absorber B1 was successfully conducted, with a similar trial for Absorber B2 […]
In July 2025, a total of 481,815.7 MWh of electricity was traded on the Serbian energy exchange SEEPEX’s day-ahead market, representing a 4.7 percent decrease compared to June and 2.4 percent less than July 2024. The average daily traded volume stood at 15,542.4 MWh. Despite the drop in traded volume, prices increased notably. The average
The Memorandum of Understanding for the development of the Djerdap 3 pump-storage hydropower plant is nearing completion and is expected to be signed once harmonization is finalized, according to Serbian Minister of Mining and Energy Dubravka Djedovic. This announcement followed her meeting with Romanian Energy Minister Ivan Bogdan, during which they discussed expanding joint energy
NIS has initiated a tender for the construction of a system to evaluate the feasibility of an enhanced oil recovery (EOR) method at the Velebit exploitation field in the municipality of Kanjiža. Velebit, Serbia’s largest oil deposit, was discovered in 1968, with production starting in 1985. The pilot project aims to increase output by injecting
Serbia: NIS launches tender for enhanced oil recovery pilot project at Velebit field Read More »
The number of prosumers in Serbia has reached 5,071, collectively contributing 106 megawatts (MW) of installed capacity, according to the latest register maintained by the Electricity Distribution System (EDS). This growth reflects increasing participation from households, businesses, and local authorities in renewable energy production. Households form the largest group by number, with 3,667 prosumer homes
Dušan Bajatović, general director of the state-owned gas company Srbijagas and a member of the government team addressing US sanctions related to Serbian oil company NIS, stated that the recent postponement of full US sanctions implementation has allowed NIS to continue operating without disruption. Bajatović emphasized that a lasting resolution will require an agreement acceptable
Serbian oil and gas company NIS has announced that its board of directors has approved the sale of its wholly owned subsidiary, NIS Petrol Bulgaria, due to ongoing operational challenges in the Bulgarian market. According to the company’s H1 2025 financial report, the planned transaction involves the full divestment of its stake in the subsidiary.
Serbia: NIS to sell Bulgarian subsidiary amid market challenges Read More »
The Djerdap 1 hydropower plant is currently operating under limited water supply, which has significantly reduced its electricity production. This month, generation has averaged about 57% of both its installed capacity and the planned production target. Additionally, unit 6 of the plant is undergoing a major overhaul. Ongoing drought conditions and unusually low water levels
Serbia: Djerdap 1 hydropower plant operating at reduced capacity due to low water levels Read More »
In the face of a challenging macroeconomic environment during the first half of 2025, the NIS Group remained committed to maintaining market stability, ensuring a steady supply of all fuel types, and protecting the social welfare of its employees. These strategic priorities were successfully upheld despite a complex operating environment. The company’s financial and operational
Serbia: NIS Group maintains market stability despite loss in H1 2025 Read More »
The Serbian Energy Ministry has announced intentions to increase annual gas imports from Azerbaijan to 1 billion cubic meters, a rise of over 2.5 times the current agreement of 400 million cubic meters. Negotiations for new supply contracts are expected to begin soon, as existing agreements run through 2026 with an annual cap of 400
