SUBSCRIBE
PROFILE

EIB invests 80 million euros to modernize Serbian infrastructure

The European Investment Bank (EIB) is financing the modernization of Serbia's electricity network with an 80 million euro loan to install smart meters.

Share:

Photo d'un compteur électrique intelligent

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access • Archives included • Professional invoice

SUBSCRIBE - 99€/year

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

The European Union, via the European Investment Bank (EIB), has signed an 80 million euro loan with Elektrodistribucija Srbije d.o.o (EDS), Serbia’s electricity distribution company, to replace 400,000 old electromechanical meters with smart meters. This project is part of a wider program to modernize the power grid, with the aim of reducing electricity losses, improving collection rates and facilitating the integration of renewable energies. The installation of these smart meters will also make it possible to implement optimized tariff methods and ensure a more reliable power supply. The project is co-financed by the European Bank for Reconstruction and Development (EBRD) and an EU budget contribution via the Western Balkans Energy Support Package, adopted in 2022 to strengthen the region’s energy security.

Economic and environmental impact

EIB Vice-President Robert de Groot underlined the bank’s commitment to improving sustainable connectivity in Serbia, in line with the EU’s green and digital transition objectives. These investments will provide Serbia with a more reliable and efficient energy infrastructure, while supporting economic growth in the country and the region. Serbia’s Minister of Energy and Mining, Dubravka Đedović Handanović, said that replacing existing meters with new ones using the most advanced technology will reduce electricity losses and meter reading errors, leading to more efficient consumption management and facilitating the integration of renewable energy sources.

Future Perspective

These strategic investments by the EU and ISB demonstrate a strong commitment to sustainable development in Serbia, strengthening critical infrastructure to support sustainable economic growth and a green energy transition. The project to modernize the electricity grid, in particular by installing smart meters, will create a more resilient system and meet future energy challenges. Collaboration with the Bank and other international partners demonstrates the importance of integrating advanced technologies to improve energy efficiency and reduce carbon footprints. By investing in this infrastructure, Serbia is positioning itself for a cleaner, more sustainable energy future, in line with European energy transition targets.

  • Popular on energynews.pro
Suriname targets 220,000 barrels per day in oil strategy by 2028
Dalkia wins control of Paris district heating network in €15bn, 25-year deal
PowerChina accelerates its investments in renewable energy in Africa
Sinopec to invest $437 million in hydrotreatment unit in Algeria
CGN activates Zhaoyuan to bypass US restrictions and secure its Hualong One reactors
China’s installed power capacity reaches 3.75 bn kW, up 17.3 %
China's power generation capacity recorded strong growth in October, driven by continued expansion of solar and wind, according to official data from the National Energy Administration.
Trump revives US offshore with 34 lease sales planned between 2026 and 2031
The 2026–2031 offshore programme proposes opening over one billion acres to oil exploration, triggering a regulatory clash between Washington, coastal states and legal advocacy groups.
The Mozambique centralises its gas infrastructure to secure the Beira–Rompco corridor
The government of Mozambique is consolidating its gas transport and regasification assets under a public vehicle, anchoring the strategic Beira–Rompco corridor to support Rovuma projects and respond to South Africa’s gas dependency.
NESO launches national consultation to plan regional energy infrastructure
The British system operator NESO initiates a consultation process to define the methodology of eleven upcoming regional strategic plans aimed at coordinating energy needs across England, Scotland and Wales.
COP30 locks in adaptation, avoids fossil phase-out and opens a climate regulatory front
The Belém summit ends with a technical compromise prioritising forest investment and adaptation, while avoiding fossil fuel discussions and opening a climate–trade dialogue likely to trigger new regulatory disputes.
Asian Development Bank commits $700mn to support Kyrgyz Republic’s energy strategy
The Asian Development Bank and the Kyrgyz Republic have signed a financing agreement to strengthen energy infrastructure, climate resilience and regional connectivity, with over $700mn committed through 2027.
UK urged to choose between carbon capture and aviation fuels
A study from the Oxford Institute for Energy Studies finds that energy-from-waste with carbon capture delivers nearly twice the climate benefit of converting waste into aviation fuel.
Sipperec renews electricity concession contract with EDF and Enedis
Signed for 25 years, the new concession contract between Sipperec, EDF and Enedis covers 87 municipalities in the Île-de-France region and commits the parties to managing and developing the public electricity distribution network until 2051.
The CRE assesses the gradual restart of retail energy markets
The French Energy Regulatory Commission publishes its 2023–2024 report, detailing the crisis impact on gas and electricity markets and the measures deployed to support competition and rebuild consumer trust.
Over 80 countries push for roadmap on fossil fuel phase-out at COP30
Gathered in Belém, states from Africa, Asia, Latin America and Europe support the adoption of a timeline for the gradual withdrawal from fossil fuels, despite expected resistance from several producer countries.
Europeans tighten the noose around Iran with targeted IAEA resolution
The E3 and the United States submit a resolution to the IAEA to formalise Iran's non-cooperation following the June strikes, consolidating the legal basis for tougher energy and financial sanctions.
UK creates taskforce to strengthen energy resilience after Heathrow outage
The United Kingdom launches a taskforce led by the Energy Minister to strengthen the security of the national power grid after a full shutdown at Heathrow Airport caused by a substation fire.
India targets $68bn in Japanese investment to boost gas and hydrogen
New Delhi is seeking $68bn in Japanese investment to accelerate gas projects, develop hydrogen and expand LNG import capacity amid increased openness to foreign capital.
Berlin sets subsidised electricity price at €0.05/kWh for heavy industry until 2028
Germany will introduce a capped electricity rate for its most energy-intensive industries to preserve competitiveness amid high power costs.
France: Sylvain Waserman defends Ademe against criticism of its effectiveness and legitimacy
Under political pressure, Ademe faces proposals for its elimination. Its president reiterates the agency’s role and justifies the management of the €3.4bn operated in 2024.
Solar and wind growth absorbs all global electricity demand increase
Solar and wind generation exceeded the increase in global electricity demand in the first three quarters of 2025, leading to a stagnation in fossil fuel production according to the latest available data.
Malaysia accelerates carbon taxation to safeguard industrial competitiveness
The Malaysian government plans to introduce a carbon tax and strengthen regional partnerships to stabilise its industry amid emerging international regulations.
E.ON warns of uncertainty surrounding German grid revenue reform
E.ON warns about the new German regulatory framework that could undermine profitability of grid investments from 2029.
Massive outage in the Dominican Republic: 85% of the grid still down
A major blackout has disrupted electricity supply across the Dominican Republic, impacting transport, tourism and infrastructure nationwide. Authorities state that recovery is underway despite the widespread impact.
Vietnam strengthens its energy policy to accelerate low-carbon transition
Vietnam is consolidating its regulatory and financial framework to decarbonise its economy, structure a national carbon market, and attract foreign investment in its long-term energy strategy.

All the latest energy news, all the time

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access - Archives included - Pro invoice

START - 99€/year

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.