- The TSO will leverage Energy Exemplar’s PLEXOS modelling software to inform optimal investment decisions for expansions and upgrades to Serbia’s existing transmission system
- The TSO will use Energy Exemplar’s PLEXOS to assess adequacy of balancing capacities in Serbia in high RES integration and national trends scenarios
- Energy Exemplar and its partners will work with EMS on full implementation and capability building to unlock the new platform
Elektromreža Srbije (EMS), the Transmission System Operator (TSO), for Serbia will use Energy Exemplar’s modelling software PLEXOS to meet key objectives and manage a changing energy mix. Through its mid-term and long-term development strategy for the following ten-year period, EMS plans extensive investments to renew the existing and construct new transmission capacities.
Over a three year initial agreement period, PLEXOS modelling will allow EMS to use simulation technologies to model future investments, including investments in new conventional and renewable energy sources and infrastructure. Electricity production in Serbia currently relies on low-quality lignite for approximately 70% of its energy needs. Modelling future energy scenarios and the long-term effects of greater investment into alternative energy will help Serbia to improve energy security and affordability and to integrate renewable energy storages.
Serbia’s access to the Danube has provided a firm foundation for the domestic production of hydroelectricity. Hydro power plants produce around 30% of power electricity and it is very important for EMS to accurately model hydro energy capacities.
“Energy markets across Europe are undergoing rapid and unprecedented change. Utilising technology will be key to ensuring this transition is smooth.
PLEXOS gives us the capability of testing scenarios around supply and demand, storage, pricing and integrating new forms of energy so EMS knows the impacts across long term asset investments.”
- Nebojša Vučinić, Director of Development Directorate at EMS
Bordering eight countries, Serbia plays a pivotal role in the energy trade in the region. Other adopters of the solution, who have access to similar data sets, will, as a result of the agreement, be able to work more closely with Serbia to ensure fair and predictable prices, and mitigate risks.
“Energy Exemplar are delighted to be working with EMS. EMS is playing a key role in helping Serbia to modernise and expand its energy infrastructure, as well as reducing the costs associated with line losses and investments while planning for a future-proof energy system.
PLEXOS modelling will help simulate potential losses and future scenarios towards making more intelligent and informed decisions about the form and nature investment should take.”
- Michael Schneider, Senior Vice President, Head of EMEA at Energy Exemplar
About EMS: Elektromreža Srbije (EMS) provides for the secure and reliable transmission of electrical energy, efficiently managing the operation of the transmission system interconnected with power systems of other countries, optimal and sustainable development of transmission system with the aim of satisfying the demands of customers and of the society as a whole, ensuring the functioning and development of the electricity market in the Republic of Serbia and its integration in the regional and European electricity market.
About Energy Exemplar: Headquartered in Adelaide, Australia – with offices in the US, Europe, North and South America, and Asia – Energy Exemplar helps 450+ customers, comprising a large share of the world’s top energy market stakeholders across 71 countries, to analyse scenarios for the most accurate outcomes while supporting their organisational and digital transformation.
Energy Exemplar supplies energy solutions across the electric, gas and renewable markets and supports infrastructure projects worldwide. Energy Exemplar supports PLEXOS®, the market-leading integrated energy simulation software. Along with electric power, water and gas datasets, users can digitally replicate real-world energy markets to deliver crucial forecasting. PLEXOS® helps to inform trading, generation scheduling, capacity expansion and market analysis across multiple industry sectors.