Elektromreža Srbije (abbr. EMS; sr-Cyrl, 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 in North America rect 2 243 235 438 Power station rect 276 317 412 556 Transformer rect 412 121 781 400 Elect ...

company with the headquarters in

Belgrade Belgrade is the Capital city, capital and List of cities in Serbia, largest city of Serbia. It is located at the confluence of the Sava and Danube rivers and at the crossroads of the Pannonian Basin, Pannonian Plain and the Balkan Peninsula. T ...

, 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 joint-stock company, joint-stock electric utility power company fully owned by the Government of Serbia, with headquarters in Belgrade, ...

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

European Network of Transmission System Operators for Electricity The European Network of Transmission System Operators for Electricity (ENTSO-E) is an association representing 40 electricity transmission system operators (TSOs) from 36 countries across Europe, thus extending beyond EU borders. It manages the ...

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 (JSC) is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareho ...

with 100% of shares being owned by the

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

. In March 2018, the European electricity transmission association

ENTSO-E The European Network of Transmission System Operators for Electricity (ENTSO-E) is an association representing 40 electricity transmission system operators (TSOs) from 36 countries across Europe, thus extending beyond EU borders. It manages the ...

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, officially the Republic of Kosovo, is a landlocked country in Southeast Europe with International recognition of Kosovo, partial diplomatic recognition. It is bordered by Albania to the southwest, Montenegro to the west, Serbia to the ...

where the Kosovar power transmission company KOSTT 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 (currency symbol, symbol: euro sign, €; ISO 4217, currency code: EUR) is the official currency of 20 of the Member state of the European Union, member states of the European Union. This group of states is officially known as the ...

s, as per average euro area electricity price (per KWh) of 22 eurocents for households in 2017. On 21 April 2020, KOSTT formally joined the ENTSO-E following the vote and thus separated from Elektromreža Srbije.

Market and financial data

As of 2022, Elektromreža Srbije posted a profit of 70.28 million

s and had 518.37 million euros of revenues.

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

References

External links