June 21, 2024
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HomeSEE Energy NewsSerbia: EPS distributed 217 million euros to RES producers in 2023

Serbia: EPS distributed 217 million euros to RES producers in 2023

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Last year, Elektroprivreda Srbije (EPS) disbursed 216.8 million euros to renewable energy power plantowners, according to the Center for Investigative Journalism (CINS). Wind farms topped the list of payments, followed by biogas power plants, small hydropower plants, natural gas power plants, and others.

Wind farms received the highest payments, totaling almost 113 million euros, with the largest wind farm, Čibuk 1, situated near Kovin in southern Banat, receiving almost 44 million euros. The second-highest payments went to biogas power plants, costing the state more than 41.7 million euros.

Small hydropower plants owned by EPS were among the top recipients, with Međuvršje, Ovčar Banja, and Radaljska Banja collectively receiving almost 4.7 million euros. Despite a history of significant state payments, several small hydropower plants associated with Nikola Petrović, a figure connected to President Aleksandar Vučić, were no longer on the list of payments.

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EPS paid a total of 36.8 million euros for electricity from small hydropower plants, with the largest sum going to EPS-owned plants, including Međuvršje, Ovčar Banja, and Radaljska Banja.

The state also allocated around 20 million euros for electricity produced from natural gas, with the public utility company Novosadska toplana receiving slightly more than 14 million euros.

In total, the state disbursed about 2.2 million euros for electricity obtained from solar power plants, with the largest producer, Solar Matarova, receiving half a million euros.

The state also purchased electricity produced from biomass and waste, paying a total of about three million euros.

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