Skip to main content

Schneider Electric to modernize and automate Serbia’s entire MV electrical distribution network

Schneider Electric solutions help upgrade Serbia’s medium-voltage electrical distribution network €140 million project to improve grid reliability, reduce failures and shorten outage duration. It will also reduce network losses, which will allow huge CO2 emissions reduction and savings.

Schneider Electric, the leader in the digital transformation of energy management and automation, has signed a contract to supply medium voltage (MV) equipment and grid management software to upgrade Serbia’s electrical distribution network. This country-wide, grid modernization project aims to improve network reliability, reducing power outages and their duration. 

Serbia seeks to improve electricity reliability and reduce losses  

This upgrade will improve the quality of electricity supply and thus strengthen the service provided by Serbia’s distribution system operator Elektrodistribucija Srbije (EDS) and its customers.

“I am sure that the new investment in the modernization of our electricity distribution system of €140 million will improve the supply of our citizens, as well as business entities, and significantly reduce losses in the network by several million euros per year,” said Serbian Prime Minister Ana Brnabic

Schneider Electric will optimize Serbia’s modernization and automation efforts 

As a market-leading technology provider, Schneider Electric has the connected products, software and expertise to modernize, automate and transform the country’s entire MV grid. The digitalized grids of the future improve energy efficiency, accelerate the integration of renewable energy sources, such as solar and wind power, balance energy supply and demand and thus facilitate the green energy transition. Data management capabilities support efforts to optimize and decarbonize demand-side energy use. 

Grid modernization and digitalization also help identify how best to configure and operate the existing distribution network, which can reduce or postpone large capital investments in building power plants – saving public funds and reducing waste.   

“Software produced in Serbia by Schneider Electric can be implemented in our energy network to make it more reliable and efficient, for fewer outages and reduce losses on our network,” said Dubravka Djedovic, Serbian Minister of Mining and Energy.  

“I’m proud that Schneider Electric is helping Serbia achieve its grid modernization goals and support its green energy transition,” said Gary Lawrence, President of Power and Grid segment at Schneider Electric. “We have over 20 years of experience working in the country, including our global center for research, development, and production of Schneider Electric’s software to optimize electrical distribution management.”  

 

Contact: global.pr@se.com

Attachment

CONTACT: Michael Golebiewski

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.