Serbia smart grid components

What is the SMART ENERGY PROJECT in Serbia?

The Serbia's SMART ENERGY PROJECT is closely linked to Serbia’s efforts to reduce CO2 emissions, digitalise and modernise its electricity distribution network, and improve energy efficiency by investing in smart meters and transitioning towards a smart electricity grid. The expected transition impact of the Project is from the Resilient and Green qualities.

Why is smart metering important in Serbia?

The roll-out of smart metering in Serbia will make a significant contribution to a wider grid modernisation programme aimed at the development of a smart grid and the reduction of technical and commercial losses, as well as the better integration of distributed renewable generation sources in the system.

How many smart meters are installed in Serbia?

“In Serbia we have (so far) installed about 100,000 meters, using GPS communication and the G3 PLC module,” he said. The current smart meter project aims to install 230,000 smart meters with installations planned to start early in 2024. How does IoT work for smart metering?

Will the EIB install 400,000 smart meters in Serbia?

Vujasinović also confirmed expectations of an announcement from the European Investment Bank (EIB) of a project to install 400,000 smart meters in the country. Jovan Vujasinović, CEO of VF Holding, discusses the Serbian smart metering project, which is planned to begin installation in early 2024.

What are the benefits of a Serbian power system?

These include (i) reduction in network losses, (ii) increase in bill collection rates, (iii) savings on meter readings, (iv) optimised power usage and a reduction of peak power, (v) better detection of fraud and estimation of billing, and (vi) improved environment for prosumers to engage with the Serbian power system.

What are the new components of a smart meter project?

According to Vujasinović, and illustrated in his diagram to the right, new components for the project – which will be purchased through a tender – include Meter Data Management (MDM), Automatic Meter Management (AMM) and AMM legacy for part one, telecommunication services for part two and new smart meters (SM1, SM2 and SMn) for part 3.