spot_img
Supported byspot_img

Unlocking Serbia’s renewable energy potential: Progress, challenges and opportunities

Serbia’s renewable energy sector, primarily fueled by hydropower, has seen substantial growth, with over 35 percent of electricity now sourced from renewables, according to Danijela Isailović, Director of the Association of Renewable Energy Sources of Serbia. Isailović highlighted the potential for further development in solar and wind energy, particularly in regions like Košava and Eastern Serbia, where optimal wind conditions prevail.

Currently, Serbia boasts 605 megawatts of wind and solar energy, mainly generated by ten wind farms. Plans are underway to add approximately 3,500 new megawatts by the end of the decade. Despite some delays, progress in renewable energy projects has been positive, with the “Pupin” wind farm in Kovačica leading the way in wind energy production.

Isailović expressed confidence in the successful realization of ongoing projects, citing robust investor interest and commitment. While foreign investors primarily fund wind energy projects, domestic capital dominates smaller-scale solar ventures. Encouragingly, Serbian investors are increasingly engaging in solar energy initiatives.

Supported by

Serbia’s transition towards renewable energy is evident, with the country emerging as a leader in renewable energy production in Europe. However, challenges such as grid connection and balancing persist. Nonetheless, initiatives like the reversible hydroelectric power plant Bistrica hold promise for enhancing energy stability.

The potential for solar energy in Serbia is vast, surpassing even that of Germany. Despite this, realizing this potential hinges on addressing connectivity and balancing issues. Isailović praised citizens for embracing renewable energy at a micro-level, citing the growing trend of installing solar panels on rooftops.

In summary, Serbia’s renewable energy sector is on an upward trajectory, driven by a mix of domestic and foreign investment. With continued support and infrastructure development, Serbia is poised to further harness its renewable energy potential, contributing to a sustainable energy future.

Suppported byOwner's Engineer

Serbia’s renewable energy auction sees strong interest with 424.8 MW capacity secured

The second round of auctions for the construction of renewable energy power plants with state incentives has concluded, resulting in a total capacity of...

National Bank of Serbia’s IPS system processes 7.5 million transactions in January 2025

In the IPS NBS system for instant payments, which operates 24/7/365, a total of 7,538,690 transactions were processed in January 2025, according to the...

Vlasina hydroelectric plants to undergo reconstruction with €83.1 million investment

The reconstruction of the Vlasina hydroelectric power plants is set to begin this spring, with a total investment of €83.1 million secured for the...
Supported byspot_img
Supported byspot_img
Supported byspot_img
error: Content is protected !!