Serbia plans to build solar power plants, wind farms, and pumped-storage hydropower plants, but also gas-fired power plants, energy storage batteries, and
READ MOREBelgrade, April 14, 2022 – A new initiative for a just green transition and the decarbonisation of the Serbian economy and its industry was presented today in the of Government Serbia. It will be implemented by the United
READ MOREThe aim of this paper is to provide an answer on question if energy transition would have an effect on electricity prices in Serbia. As a part of the Energy Community, Serbia is oblidged to
READ MOREHow to move forward. The energy transition should remain the basis of the concept of the energy sector development. The electricity sector''s decarbonization, namely the reduction and eventual phaseout of fossil fuels in electricity generation, should take priority in the preparation of integrated energy and climate plans.
READ MORESerbia revised its Renewable Energy Law and conducted an inaugural auction for renewable energy. Serbia should adopt the final NECP in line with the Recommendations provided by the Secretariat. Ensuring energy security: Although the Gas Storage Regulation is yet to be transposed, Serbia fulfilled its storage targets. Serbia
READ MOREEBRD invested €650 million in Serbia in 2022, bringing total to almost €8 billion. The EBRD has approved a financing package of €300 million to help support Serbia ''s electricity sector. The funds will be channelled to national electricity utility Elektropriveda Srbije (EPS) to improve its liquidity position.
READ MORESerbia achieved a share of renewable energy sources in gross final energy consumption of 27%, which was set for 2020, Minister of Mining and Energy
READ MOREElectricity market in Serbia. organised electricity market. and other legal persons in line with the organised market code. The Agency was established by the Energy Law as a regulatory body with competences covering electricity, natural gas, oil and oil product, and CHP heat energy sectors. By executing tasks assigned to it by the Energy Law
READ MOREBy executing tasks assigned to it by the Energy Law, the Agency contributes to creation of a stable regulatory framework for the development of an efficient and sustainable energy
READ MOREClean Energy Transition. The improvement of air quality is directly connected with the gradual transition to clean and renewable energy sources. Serbia generates two thirds of its electricity by lignite combustion. According to RTS, there are upcoming big investments in renewable sources, natural gas, and improvement of
READ MORESo foreboding does Serbia envision its energy future, it also plans to dam more rivers and even invest in nuclear energy. Until now, like many of its counterparts in South Eastern Europe, Serbia''s only
READ MORE3. PRIORITIES FOR SERBIA''S JUST TRANSITION IN THE ENERGY SECTOR In the following paragraphs, three key areas of priority action for Serbia are presented, as follows: 1) Coal mines and coal plants phase-out; 2) Fossil fuel subsidy and pricing reform, and 3) Development of energy conservation and alternative energy sources.
READ MORESerbia is mostly an energy importer of oil and natural gas which, along with coal products constitute around 90% of its yearly energy consumption. Although the country has produced oil and gas in small quantities since the mid-50s, it is heavily reliant on imports, mostly from Russia. In March 2013 a long-term deal was signed with Gazprom to extend gas imports
READ MORElong-term energy strategy is the best opportunity for advancing energy transition. Serbian Ministry of Mining and Energy is already drafting new Energy Strategy by 2040 with
READ MORESpeaking about Germany''s experience in the energy transition, Sarrazin pointed out that it is very important to explain this process to the citizens, and that there is a clear path, although the results do not always come at the desired speed. He pointed out that there is a strategic partnership with Serbia in the field of renewable energy
READ MOREDeputy Prime Minister and Minister of Mining and Energy Zorana Mihajlovic spoke, on the margins of a ministerial meeting of the Partnership for Transatlantic Energy and Climate Cooperation (P-TECC) held in Warsaw, with US Energy Secretary Jennifer Granholm about cooperation between the two states in the process of energy
READ MOREShare. Experts from Bosnia and Herzegovina, Montenegro, and Serbia have started developing a Barometer of Sustainable Energy Transition, as part of the REPCONS 2.0 project. The purpose of the Barometer is to help monitor progress in the implementation of the energy transition and assess the countries'' readiness to carry it
READ MOREWashington, March 9, 2023 – The First Green Transition Programmatic Development Policy Loan was approved today by the World Bank''s Board of Executive Directors, providing EUR 149.9 million (US$ 160 million equivalent) in support of Serbia''s bolstered efforts to strengthen its public sector institutions on a path to achieving resilient, greener,
READ MOREIncreasing energy efficiency and using more renewable energy in the economy (including buildings, transport sector and industries) are the main vehicles for a clean energy transition, as it will not only create energy savings, but also reduce emissions and air pollution. Currently Serbia spends 3 times more energy per GDP unit than the
READ MOREĐedović: Serbia is firmly committed to the green energy transition. Đedović has also held a meeting with a delegation from the Energy Community Secretariat, led by Director Artur Lorkowski, on cooperation to advance the country''s energy transition and reforms in line with the EU acquis, as well as on energy security and affordability.
READ MOREThe European Bank for Reconstruction and Development''s (EBRD) Board of Directors has approved a new country strategy for Serbia, guiding its investment and policy initiatives for the next five years. The EBRD''s three key priorities for Serbia will be: (i) accelerating the green energy transition; (ii) enhancing private-sector
READ MOREDeputy Prime Minister and Minister of Mining and Energy Zorana Mihajlovic spoke today with German Federal Government Special Representative for the Countries of the Western Balkans Manuel Sarrazin about cooperation between the two countries in the process of energy transition, joint projects and plans for the
READ MORESerbia is expected to prepare a new Energy Sector Development Strategy of Republic of Serbia up to 2040 with the projections up to 2050, to be adopted by the National
READ MOREOn the one hand, the paper aims to elucidate the challenges and opportunities inherent in Serbia''s energy transition journey by offering insights into the
READ MOREOn the session held on 28/09/2023, the Council of the Energy Agency of the Republic of Serbia has approved the decision on guaranteed supply electricity price which will be
READ MOREThis comprehensive insight into the Serbian energy sector reveals a landscape in transition, marked by significant financial investments, a focus on
READ MOREIntegrated National Energy and Climate Plan of the Republic of Serbia 2 The Republic of Serbia adopted a new legislative package consisting of Amendments to Law of Energy1, Law on Energy Efficiency and Rational Use of Energy2, Law on Use of Renewable Energy Sources3, Amendments to Law on Use of RES4, Amendments to Law on Mining and
READ MOREThe participants at the conference Women of Serbia in Sustainable Energy – Leadership for the Energy Transition agreed that women leaders of the energy transition are the reality and not a myth. At the conference, organized by the WISE Serbia women''s network, the Female Leader in Sustainable Energy awards were handed out for
READ MOREThe start of 2023, however, offers a stark contrast to the past and a glimpse of the new challenges Bulgaria will face on its energy transition. In May 2023, Bulgaria was for the first time in a decade a net importer of electricity. The reason for this was not a lack of generating capacity, but instead the natural logic of power markets seeking
READ MORESerbia has successfully concluded its first renewable energy auctions. With the regulatory framework for renewable energy complete, the auctions were launched with support from the European Bank for Reconstruction and Development (EBRD) in June 2023 for 400
READ MOREBELGRADE, Thursday, December 21, 2023. - Approval of "GAS BEČEJ" and "YUGOROSGAZ" Distribution System Development Plan On the session held on December 21, 2023, the Council of the Energy Agency of the Republic of Serbia has adopted a decision on an approval of the Distribution System Development Plan for 2023-2027 with
READ MOREForeign influence might be a critical external force that maintains the current status quo of the energy transition, is one of the key findings of the latest BiEPAG''s study "Serbia''s Energy Dilemma: Navigating geopolitical tensions, Russian ownership, and the path to renewable transition". The author of the study, Vujo Ilić, explained that during
READ MORESerbia needs to invest a lot in order to reach the highest EU standards in this area, the Prime Minister pointed out and especially singled out the area of wastewater treatment where it is necessary to invest six billion euros. In parallel, Brnabic said, Serbia has begun a green energy transition, and the focus is on renewable energy sources
READ MOREIssues & Prospects. Serbia''s NECP expects final energy consumption to increase by 1.3%/year between 2020 and 2050 to 13 Mtoe in 2050 (including 32% of oil, 28% of electricity, 17% of gas, and 13% of renewables and biofuels), while primary energy consumption should rise by 0.8%/year to around 20 Mtoe in 2050 (39% solid fuels, 26%
READ MOREfaster transition towards natural gas and renewables. Both groups agree that the energy transition is a difficult and costly endeavour for Serbia, bearing in mind that its cheap coal is currently used to generate around 70% of total country''s electricity consumed. There is a critical uncertainty that Serbia could ensure quality energy access for
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