Elektromreža Srbije (abbr. EMS; sr-cyr, Електромрежа Србије) is a Serbian national

transmission system operator File:Electricity grid simple- North America.svg, 380px, Simplified diagram of AC electricity grid from generation stations to consumers rect 2 243 235 438 Power station rect 276 317 412 556 Transformer rect 412 121 781 400 Electric power transmis ...

company with the headquarters in

Belgrade Belgrade ( , ;, ; Names of European cities in different languages: B, names in other languages) is the Capital city, capital and List of cities in Serbia, largest city in Serbia. It is located at the confluence of the Sava and Danube rivers a ...

, Serbia. It was founded in 2005 after being split from

Elektroprivreda Srbije Elektroprivreda Srbije (abbr. EPS; full legal name: Javno preduzeće ''Elektroprivreda Srbije'' Beograd) is a state-owned electric utility power company with headquarters in Belgrade, Serbia. It was founded in 1991 and it has 28,083 employees (as ...

and it is specialized in the transmission of electrical power. It is a member of the

European Network of Transmission System Operators for Electricity ENTSO-E, the European Network of Transmission System Operators, represents 39 electricity transmission system operators (TSOs) from 35 countries across Europe, thus extending beyond EU borders. ENTSO-E was established and given legal mandates by ...

History

On 1 July 2005, the

electric power transmission Electric power transmission is the bulk movement of electrical energy from a generating site, such as a power plant, to an electrical substation. The interconnected lines that facilitate this movement form a ''transmission network''. This is ...

division of Elektroprivreda Srbije was split from the company and established its own public enterprise subsidiary Elektromreža Srbije (EMS). In November 2016, Elektromreža Srbije changed its legal form to

joint-stock company A joint-stock company is a business entity in which shares of the company's capital stock, stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their share (finance), shares (certificates ...

with 100% of shares being owned by the

Government of Serbia The Government of Serbia ( sr, Влада Србије, Vlada Srbije), formally the Government of the Republic of Serbia ( sr, Влада Републике Србије, Vlada Republike Srbije), commonly abbreviated to Serbian Government ( sr, � ...

. In March 2018, the European electricity transmission association

ENTSO-E ENTSO-E, the European Network of Transmission System Operators, represents 39 electricity transmission system operators (TSOs) from 35 countries across Europe, thus extending beyond EU borders. ENTSO-E was established and given legal mandates by ...

warned over delay of

electric clock An electric clock is a clock that is powered by electricity, as opposed to a mechanical clock which is powered by a hanging weight or a mainspring. The term is often applied to the electrically powered mechanical clocks that were used before qua ...

s throughout Europe's power network due to lower frequency which was caused by the loss of electricity in the network. Namely, the loss was created due to political dispute between Serbia and

Kosovo Kosovo ( sq, Kosova or ; sr-Cyrl, Косово ), officially the Republic of Kosovo ( sq, Republika e Kosovës, links=no; sr, Република Косово, Republika Kosovo, links=no), is a partially recognised state in Southeast Euro ...

where the Kosovar power transmission company

KOSTT KOSTT j.s.c is a transmission system operator company with the headquarters in Pristina, Kosovo. It plays an important role in the energy sector in Kosovo. As a market operator it is responsible for the organization and administration of trades in ...

took 113 GWh unauthorizedly from the network in the period of January–February 2018. Elektromreža Srbije has legal jurisdiction over Kosovar electricity transmission network, but due to political dispute, does not exercise full control over it. The direct loss of 113 GWh would amount to 24.86 million

euro The euro ( symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . ...

s, as per average euro area electricity price (per KWh) of 22

eurocent There are eight euro coin denominations, ranging from one cent to two euros (the euro is divided into a hundred cents). The coins first came into use in 2002. They have a common reverse, portraying a map of Europe, but each country in the eurozone ...

s for households in 2017.

Market and financial data

As of 2017, EMS posted a profit of 25.51 million

s and had 208.45 million euros of revenues.

Notes and references

;Notes ;References

External links

*
Overview of JP "Elektromreža Srbije" main activities aimed to improve power system control
Companies based in Belgrade Electric power transmission system operators in Serbia Elektroprivreda Srbije Energy companies established in 2005 Government-owned companies of Serbia Serbian companies established in 2005 {{Serbia-company-stub

History

Market and financial data

See also

Notes and references

External links