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Serbia contemplates nuclear energy amid financial strain

Despite financial challenges and the absence of commercially viable small modular nuclear reactors, Serbia recently took a significant step by signing a Memorandum of Understanding with the French Electricite de France (EDF) in Paris. This move aims to explore the potential for nuclear energy development in the country. However, experts have differing opinions on whether nuclear energy is a viable solution for Serbia’s energy needs.

Miodrag Kapor, an energy policy expert, argues against the necessity of nuclear energy in Serbia, citing its financial impracticality compared to existing energy sources like biomass, biogas, hydroelectric, wind, and solar power. He emphasizes the high cost of nuclear projects, which would require substantial borrowing or tax increases.

Ilija Bataš Bjelić, a scientific collaborator at the Serbian Academy of Sciences and Arts, echoes Kapor’s sentiments, stating that Serbia’s energy landscape doesn’t require nuclear power plants. He believes the topic of nuclear energy resurfaces in the media to align with environmental agendas but isn’t a pressing issue for the country.

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On the other hand, Željko Marković, an energy expert, suggests that nuclear power plants could aid Serbia in decarbonizing its energy sector, as they emit no carbon dioxide. However, he emphasizes the importance of thorough studies to determine the feasibility of nuclear energy, including the choice between modular reactors or traditional technology. Marković highlights the significant investment required for nuclear plant construction, with costs averaging around 5,000 euros per kilowatt of power.

As Serbia navigates its energy future, the debate over nuclear energy continues, with experts weighing the potential benefits against financial and environmental considerations.

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