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Serbia’s renewable energy surge: Advancements, ambitions and EU support

Over the past two years, Serbia has witnessed a remarkable expansion in its solar energy capacity, skyrocketing from a mere 20 megawatts to an anticipated 150 megawatts by year’s end. In parallel, wind power infrastructure is poised to surge by 45% following successful auctions and the advent of commercial wind farms.

Minister of Mining and Energy, Dubravka Đedović Handanović, announced forthcoming auctions later this year to sustain this momentum and drive further investment in renewable energy. Serbia is steadfast in its pursuit of green transition, propelled not only by EU accession obligations but also by a commitment to its populace and economic prosperity. Minister Handanović underscored ongoing initiatives, including wind and solar farm constructions, alongside plans for energy storage ventures such as the Bistrica hydroelectric power plant. Moreover, Serbia is empowering energy consumers, enabling industrial users to vend surplus electricity through active buyer schemes.

The European Union, represented by Ambassador Emanuele Giaufret, is actively supporting Serbia’s journey towards carbon neutrality. EU-backed endeavors encompass funding wind farm initiatives and furnishing technical support for solar energy ventures like Kolubara and Morava. Giaufret emphasized the significance of energy efficiency measures and EU assistance in bolstering infrastructure and curbing energy consumption.

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