Schneider Electric solutions will help upgrade Serbia’s medium-voltage electrical distribution network in a EUR 140 mln 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.
Digital energy transformation management company Schneider Electric announced it has signed a contract to supply medium voltage (MV) equipment and grid management software to upgrade Serbia’s electrical distribution network on a country-wide basis, according to a press release.
The upgrade will be geared to 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 EUR 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, according to the release.
The company noted that 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.
“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 per the release. “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.”
Photo of Schneider Electric headquarters by Wilmotte & associés architectes, CC BY-SA 4.0 <https://creativecommons.org/licenses/by-sa/4.0>, via Wikimedia Commons.