Serbian power monopoly EPS produces record 36,056 GWh in 2011.

By bne IntelliNews January 9, 2012
Serbian power monopoly Elektroprivreda Srbije (EPS) said it produced 36,056 gigawatt hours of electricity in 2011 matching its all-time high result from 2009. Last year's result was even more important considering the fact that EPS' hydropower plants produced 1,900 GWh less in comparison with 2009 because of the lasting drought, the company said in a statement. Production at EPS' thermal power plants reached nearly 26,500 GWh in 2011, which is a record high in the company's 118-year history. Last year's thermal power plant output was 14.7% above the 2010's one. The statement said the record result was achieved thanks to lasting investments in production capacities. Electricity consumption in 2011 was 1.3% bigger than planned, the statement added without providing a figure. Around 30% of the electricity in Serbia is produced in hydropower plants, while the remainder comes from thermal power. The country needs to further invest in its energy infrastructure in order to reduce dependence on imports.

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