Schneider Electric to Upgrade Serbia’s Electrical Distribution Network for Improved Reliability and Reduced Losses

Schneider Electric to Upgrade Serbia’s Electrical Distribution Network for Improved Reliability and Reduced Losses

(IN BRIEF) Schneider Electric has signed a contract to supply medium voltage equipment and grid management software for the upgrade of Serbia’s electrical distribution network. The project aims to improve network reliability, reduce power outages, and decrease technical and non-technical losses. The modernization efforts will enhance the quality of electricity supply, strengthen the distribution system operator, and align network losses with EU averages. Schneider Electric’s technology and expertise will support the digitalization and automation of Serbia’s medium voltage grid, facilitating energy efficiency, renewable energy integration, and the green energy transition.

(PRESS RELEASE) RUEIL-MALMAISON, 11-Jul-2023 — /EuropaWire/ — 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. These improvements will also reduce technical and non-technical losses to around 8% in the next 5-7 years, in line with the average in EU countries. Currently, Serbia’s network losses represent €500 million each year.

“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.”

Media Contact:

Global PR Central Team
Email: global.pr@se.com

Source: Schneider Electric