On the premises of EMS AD, a donation agreement was signed between the Fund for the Promotion of the Spanish Economy Abroad, which was established by the Kingdom of Spain in 2021, and EMS AD, as the first beneficiary of these funds in the Republic of Serbia. It is important to point out that the Republic of Serbia is the only European country with which the Kingdom of Spain has an agreement on the use of these funds
The Kingdom of Spain will finance a grant agreement for the preparation of the Technical Assistance Study for the energy transition of the Serbian transmission system operator, EMS AD, from its funds, through the Fund for Internationalization of Companies (FIEM) and the Instituto de Crédito Oficial (CIO). The preparation of the study will be led by Deloitte Consulting SLU, and the total value of this donation is EUR 600,000.00.
The donation agreement was signed by H.E. Ambassador of the Kingdom of Spain in the Republic of Serbia, Mr. Raul Bartolome Molina, and General Director of Elektromreza Srbije Jelena Matejić.
“I am extremely happy and satisfied with the signing of the donation agreement. The aim of the Study is to prepare EMS AD for the upcoming connection of many new renewable sources of electricity to the power system of the Republic of Serbia. This donation is a serious support for the challenges that lie ahead because the greater number of renewable sources in Serbia’s production mix will significantly affect the way EMS AD works. Due to this impact, the appropriate change in the national regulatory framework has already been made, as well as the adjustment of operational procedures, processes and improvement of the computer tools and management models we use. Through this Study, EMS AD will strengthen its capacities when it comes to improving methodologies, processes, and computer tools, and raise the level of knowledge of its employees. This will bring a more reliable transmission system to Serbia, which is the key to energy stability,” said Director Matejić on this occasion.
Thanks to this technical assistance, EMS AD will get to know the best European practice, which has been established in the Spanish transmission system operator (Red Eléctrica de España), through familiarization with the Spanish rules on the operation of the transmission system, procedures related to the management and development of the electric power system, solutions related to information systems, the structure of management centres and experiences in the work of a special centre for the management of renewable sources (CECRE).
“I share Mrs. Matejić’s satisfaction with the approval of this donation and we believe that it will contribute to the easier adaptation of EMS to the new energy reality towards which our countries are heading. In addition, this is the first Spanish donation to Serbia in recent years, which indicates the strengthening of our bilateral relations, as well as the importance that Spain attaches to providing support to Serbia in the energy transition process. Spain is one of the leading countries in the world in the field of renewable energy sources, especially in the field of solar energy and wind energy. The development of production capacities and the production of energy from these sources required a high degree of adaptation and investment in the transmission network as well. In this sense, we believe that more intensive cooperation and exchange of experiences between Serbia and Spain in this area can be mutually beneficial, especially when it comes to transmission systems. We are pleased that thanks to the project, which will be led by Deloitte Spain, the relations of our transmission systems will be able to strengthen, and that our experts will work together to create a sustainable future and a cleaner environment. I wish all the participants a nice and successful cooperation, as well as excellent results,” said Ambassador Raul Bartolome Molina.
This donation comes in a period of great investment momentum of EMS AD, which is reflected in the implementation of many projects of exceptional national and regional importance. The increase in the share of energy from renewable sources in Serbia is increasing, so the improvement of the system and the education of employees will certainly contribute to energy stability.