Photo: Miloš Milivojević/TanjugHow much does it cost Serbia per day that it lost 4,5 percent of the total electricity production due to the fire that broke out at the newly opened unit in Kostolac?
When operating at full power, Block A2 Thermal Power Plant Kostolac power of 210 megawatts, produces 5040 megawatts of electricity per day. Thus, Serbia loses around 420.000 euros per day due to the fire that once again stopped the operation of this plant. And that if the lowest possible average price of electricity on the Serbian SEEPEX exchange in August of 82,8 euros per megawatt-hour is taken as the relevant electricity price.
It should be taken into account that this is still a calculation that would mean that EPS really has a highly qualified team that buys electricity just when it is the most favorable, given that in August, energy prices on this stock exchange rose to a record high. If only the average daily price of energy in August is taken as a relevant figure, which was around 150 euros per megawatt-hour, in those circumstances of high demand, the daily loss goes up to 750.000 euros.
A good parameter for Serbian losses is that this unit produces 4,5 percent of the total electricity in the country, which is of enormous importance in days of record drought, but also record consumption of electricity due to hot weather conditions.
Although the footage of the smoke and fire appeared on social networks immediately on July 31, 2026, the Electric Power Company of Serbia (EPS) and the related Ministry of Mining and Energy hid this incident for a full nine days. The public found out about the accident only when EPS was forced to publish an urgent tender for the rehabilitation of the destroyed equipment on the Public Procurement Portal. what Boom93 posted.
The fire broke out on the air heater at a dramatic moment - just a few hours after the block was ceremoniously released from regular overhaul and put into operation. It turned out that the fire inside the heater housing completely destroyed half of the so-called "honeycomb", severely damaged the supporting, upper and lower sector plates, as well as the accompanying sealing and toothing systems.
EPS initiated the negotiation process without publishing a public call for the purchase and installation of new parts worth 142 million dinars.
Just a few months before the fire, a consortium of companies from Niš was paid about seven million dinars for the overhaul, which was obviously done half-heartedly or inexpertly. The renovation of the neighboring Block A1 has been completely suspended, as it is planned to start only when A2 is stably back on the grid.
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