Serbia’s EPS invites bids for smart meters

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Smart meters will be initially used for large industrial
consumers, public lighting and power substations which,
altogether, account for a third of Serbia’s consumption, EPS
said on Friday.

Smart metering is a key component in the deployment of smart
grids and enables more efficient use of energy by adapting
supplies to changing daily demand patterns and enabling
consumers to feed unneeded power back into the grid.

Energy losses and stolen electricity cost Serbia 60 million
euros per year, EPS said recently.

In the second phase of the project, which will allow
consumers to start choosing between providers, smart meters will
be installed in households, EPS said.

The utility said funds for this phase will be provided
through international loans, including 40 million euros from the
European Bank for Reconstruction and Development and 40 million
from the European Investment Bank.

EPS serves more than 3.5 million end-consumers and has an
installed power generation capacity of 8,359 megawatts. It
produces 70 percent of its power in ageing coal-fired plants
built under the former communist regime and the rest from hydro.

Serbia needs to upgrade its energy infrastructure, damaged
and mismanaged during the Balkan wars of the 1990s, to meet
growing demand, reduce future reliance on imports and put it in
line with European Union environmental standards.
($1 = 0.7559 euro

(Reporting By Maja Zuvela; Editing by <a href="http://blogs.reuters.com/search/journalist.php?edition=usn=michael.

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