economy
April 16, 2026
Živković: EPS has not been exporting electricity to the EU since January due to environmental taxes
The Director General of Elektroprivreda Srbije (EPS), Dušan Živković, confirmed today that the company has not been exporting electricity to the European Union (EU) since January due to high environmental taxes (CBAM).
TL;DR
- EPS has ceased electricity exports to the EU since January due to high environmental taxes (CBAM).
- The company is unable to compete in the European market with the current tax mechanism.
- EPS is focusing on regional exports and internal development, including improving production capacity and digitalization.
- Electricity production remained stable during the heating season, with consumption decreasing slightly due to warmer weather.
- Maintenance on power plant blocks has begun in preparation for the next heating season.
- EPS is adapting to permanently lower quality coal from the Kolubara mine, successfully managing the challenge.
- Good hydrology has contributed to enhanced electricity production.