ELECTRIC POWER INDUSTRY OF SERBIA
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Public EnterprisePublic ElectricEnterprise Power Electric Industry Power of SerbiaIndustry is of the Serbia largest is companythe largest in companySerbia, representing in Serbia, representing economic andeconomic power backbone and power of backbone the country. of theThe country. main activities The main of PEactivities EPS are of PEelectricity EPS are generation, electricity generation, supply, distributionsupply, anddistribution trading. and trading.
EPS’ 7,330EPS’ MW 7,330 power MW plants power generate plants about generate 35.3 about billion 35.3 kilowatt billion hours kilowatt annually; hours on annually; average on average during 2008-2017.during As2008-2017. a market As oriented a market company, oriented EPS company, provides EPS regular, provides secure regular, and reliablesecure andelectricity reliable electricity supply for aboutsupply 3.5 for millionabout 3.5customers. million customers.
Lignite usedLignite for generation used for ofgeneration about 70 of percent about 70 of electricity percent of in electricitySerbia is inproduced Serbia isin producedKolubara inand Kolubara and Kostolac openKostolac cast mines. open castBetween mines. 37 Between and 40 37 million and tons40 millionof coal tons is mined of coal in isMB mined Kolubara in MB and Kolubara and Kostolac mineKostolac Drmno mine annually. Drmno annually.
Renewable Renewableenergy hydro energy power hydro plants power generate plants about generate 10.6 about billion 10.6 kilowatt billion hours kilowatt annually, hours which annually, is which is about 30 percentabout 30of EPS’ percent generation. of EPS’ generation.
EPS also performsEPS also the performs activities the of activitiescoal production, of coal production,electricity and electricity heat co-generation, and heat co-generation, electricity electricity distribution anddistribution distribution and system distribution management, system management, company management, company management, and cable telecommunication and cable telecommunication activity. activity.
Every year EveryEPS investsyear EPS between invests 200 between and 200300 andmillion 300 euros million in system euros maintenancein system maintenance and and modernizationmodernization and it promotes and itSerbian promotes economic Serbian development. economic development. In 2016, Electric In 2016, Power Electric Industry Power of Industry of Serbia was Serbiathe company was the with company the highest with therealized highest revenue realized in Serbia.revenue EPS in Serbia. is also EPSone isof alsothe largestone of the largest Serbian budgetSerbian contributors. budget contributors.
PE EPS is thePE founderEPS is theand founder owner ofand two owner subsidiaries. of two subsidiaries. Distribution DistributionSystem Operator System EPS Operator Distribution EPS Distribution LLC BelgradeLLC was Belgrade founded was on founded1 July 2015 on 1by July merger 2015 of by the merger previous of the five previous distribution five companies.distribution companies.The The first EPS’ companyfirst EPS’ abroad company - EPS abroad Trading - EPS LLC Trading Ljubljana LLC was Ljubljana founded was on founded1 July 2014 on 1 for July electricity 2014 for electricity trading. trading.
EPS also hasEPS founding also has rights founding in three rights public in threeenterprises public inenterprises Kosovo and in KosovoMetohija. and As Metohija. of June 1999 As of EPS June 1999 EPS cannot operatecannot its capacities operate its in capacities Kosovo and in KosovoMetohija. and Metohija. Public Enterprise Electric Power Industry of Serbia Balkanska 13 11000 Belgrade www.eps.rs ● 5 ●
Organization
Public Enterprise Electric Power Industry of Serbia is vertically organized power company with subsidiaries - Distribution System Operator EPS Distribution LLC Belgrade and EPS Trading LLC Ljubljana.
The Republic of Serbia is the founder of PE EPS, and the Government of the Republic of Serbia exercises the founder’s rights. PE EPS is 100 percent owned by the Republic of Serbia.
Bodies of the Public Enterprise Electric Power Industry of Serbia are the Supervisory Board and the General Manager. The Supervisory Board members and the General Manager are appointed by the Government of the Republic of Serbia.
PE EPS has seven Executive Directors appointed by the General Manager.
There are also eight branches for electricity and coal production in PE EPS including electricity supply branch.
PE EPS SUPERVISORY BOARD
GENERAL MANAGER
ЕXECUTIVE DIRECTORS FINANCES CORPORATE MINING ENERGY TRADE DISTRIBUTION ELECTRICITY AFFAIRS GENERATION SUPPLY
EPS Trgovanje Slovenia DSO EPS Distribucija d.o.o. d.o.o.
Renewable Energy HPPs Đerdap Drinsko-Limske HPPs TPPs Nikola Tesla MB Kolubara TPPs-OCMs Kostolac Panonske CHPs EPS Snabdevanje Sources ● 6 ●
Tradition
EPS has a tradition which started during the last decade of the 19th century with the beginning of electrification of Serbia. The first public power plant in Serbia, thermal power plant located at Dorćol in Belgrade was put into operation on 6th October 1893. Honoring that event, 6th October is celebrated as the Day of EPS.
Only four years after hydro power plant on Niagara Falls, hydro power plant Pod gradom in Užice on Djetinja River started operating on 2nd August 1900. This was the first power plant in Serbia that operated based on Tesla’s principles of alternating currents. This was the first time when the lights were lit in 400 households in Užice.
Towns across Serbia were supplied with the electricity supplied from hydro power plants constructed at the end of 19th and at the beginning of 20th century. Until 1932, when thermal power plant Snaga i svetlost was put into operation in Belgrade, at the time it was the largest one in the Balkans, hydro power plants were the most significant resource of electricity. Five hydro power plants from that time still operate today.
The oldest thermal power plant in EPS’ system is TPP Kolubara in Veliki Crljeni, built in 1956. ● 7 ●
29,153 employees 9% of total revenue in the Serbian budget comes from EPS
98.5 billion dinars EPS contributed to the budget of the Republic of Serbia
210.5 billion dinars – electricity sale revenue
Mission
Secure electricity supply to all customers under the most favorable market conditions, with continuous service quality promotion, improvement of environmentalМисија protection and welfare of the community.