Montenegro: EPCG confirms TPP...

Montenegro’s state-owned power utility EPCG has issued a statement refuting media reports that...

Greece: DESFA launches tender...

The Greek natural gas transmission system operator DESFA has announced a tender worth...

Bulgaria: BICA warns new...

The Bulgarian Industrial Capital Association (BICA) has expressed concerns about the government’s new...

Romania: GE Vernova secures...

GE Vernova has signed an agreement with Greenvolt International Power to supply wind...
Supported byClarion Energy
HomeNews Serbia EnergySerbia: In ten...

Serbia: In ten years, energy and mining sectors to be accounted for over 10 % of GDP

This year Serbia will establish legislative framework in the field of energy and mining, but also making very important decisions on its path to green and sustainable energy and mining sectors, said Serbian Minister of Energy and Mining Zorana Mihajlovic. At the opening of the online energy conference, Minister Mihajlovic emphasized the importance of these sectors for the entire Serbian economy, adding that energy and mining are the most important resources, but just as important as environmental protection. She stated that there is no reason for Serbia not to take care of mining, and at the same time the protection of the environment. Today, mining sector participates in GDP with 1.9 %, but in ten years these two sectors could be accounted for more than 10 % of Serbia’s GDP.

Last month, Minister Mihajlovic said that Serbia would work more on energy production from RES, because the vision of Serbia is to have at least 40 % of electricity produced from renewable sources by 2040. She reminded that, recently, the Serbian parliament had adopted new laws on renewable energy sources and energy efficiency and amendments to the laws on mining and energy, which represent the basis for further development and energy transition of Serbia. She stressed the importance of such modern laws that will enable Serbia to develop faster on the path of green transition. This agreement also means an invitation to investors to come and invest in Serbia, because there is a lot of potential, and the Government has made all procedures efficient and fast and to get good prices and new gas, biomass, wind and solar power plants through competition. So far, the most has been invested in wind farms, but there is no reason not to get more energy from solar power plants and other renewable sources.

 

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Serbia: EU Carbon Border Tax poses major challenge for power sector and energy transition

From 2026, Serbia will fall under the EU’s Carbon Border Adjustment Mechanism (CBAM), which imposes additional costs on carbon-intensive exports to the Union. According to the Fiscal Council, the state-owned power utility EPS, which supplies most of the country’s...

Serbia poised to buy Gazprom’s stake in NIS to resolve sanctions issue by year-end

Serbian media report that the issue surrounding oil company NIS, caused by U.S. sanctions, is expected to be resolved by the end of the year. The most likely solution under consideration is for the Serbian state to acquire part...

Serbia: MOL to expand Sremski Karlovci fuel storage terminal, strengthening energy infrastructure

Hungarian oil company MOL is set to expand its fuel storage terminal in Sremski Karlovci through a new round of investment. The expansion involves acquiring additional land from Dunav Oil and partnering with Naftachem, which will oversee construction and...
Supported byVirtu Energy
error: Content is protected !!