wind power

EPS-SOCAR Gas Plant in Niš Could Reduce Serbia’s Electricity Import Dependence

Serbia’s planned 500 MW gas-fired power plant near Niš, developed in cooperation with Azerbaijan’s SOCAR, could strengthen the electricity system as renewable generation expands and ageing lignite plants face reliability challenges. The project is targeting operation around 2030 and could also provide approximately 150 MW of thermal energy to Niš. The investment would help Serbia reduce exposure to electricity imports, but its competitiveness will depend on securing reliable gas supplies, predictable fuel prices and financing suited to Europe’s changing energy…