Supported byClarion Energy
HomeNews Serbia EnergySerbia, Rosatom has...

Serbia, Rosatom has signed an agreement to build Center for Nuclear Technologies

Russian state-owned nuclear company Rosatom said that it has signed an agreement to participate in the construction of a Centre for Nuclear Technologies in Serbia, as well as an agreement on the establishment of a joint venture with the Serbian Government that will implement the project.

Under these agreements, the Center for Nuclear Medicine based on a cyclotron complex and facilities for the production of radiopharmaceuticals will be built in Serbia in the next three years.

Serbian Minister without Portfolio in charge of Innovation and Technological Development Nenad Popovic said that this is a historic day in the relations between Serbia and Russia, because the mentioned agreements return Serbia to the map of European countries that have capacity for scientific research in the field of nuclear technologies.

Last month, Serbian President Aleksandar Vucic said that Serbia is currently considering the possibility of building its own nuclear power plant, adding that there were negotiations with Russian state-owned nuclear energy company Rosatom on this matter. However, he believes that the country would have problems with project’s financing. He said that the construction of a nuclear power plant would cost up to 10 billion euros, while Serbia has previously decided to keep its public debt below 60 % of its GDP at all times.

Earlier in November, President Vucic reiterated the country’s intentions to take part in the construction of nuclear power plants in neighboring countries, adding that the possibility of installation of small modular reactors (SMR) in Serbia is also being considered. He said that he spoke with Hungarian President Viktor Orban about the investment in the project for the expansion of Hungary’s sole nuclear power plant Paks. According to him, Serbia is prepared to purchase 15 % stake in the project and will pay good money for it. The negotiations are still at the beginning because the two new reactors at NPP Paks are expected to come online in 2035. He also reminded that there were negotiations with former Bulgarian Prime Minister Boyko Borissov on Serbia’s participation in the project for the construction of NPP Belene.

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

NIS seeks US waiver before October 30 licence expiry

Serbia’s oil company NIS has asked the US Treasury Department’s Office of Foreign Assets Control for another authorization to continue operating after its current licence expires on October 30. The application seeks to prevent disruptions across the company’s operations,...

Serbia leads Southeast Europe in power prices as demand surge drives import dependence

Serbia emerged as Southeast Europe’s most expensive wholesale electricity market in Week 42, highlighting the growing sensitivity of its power system to stronger consumption, lower hydropower output and increased reliance on imports when domestic supply margins tighten. The Serbian day-ahead...

Serbian renewable producers eye Italian electricity market as Montenegro corridor creates new export opportunities

Analysis by Virtu.Energy Serbian independent power producers (IPPs) could unlock additional long-term buyers, higher electricity revenues and improved project bankability by exporting electricity to Italy through Montenegro. However, the financial value of this route will depend on transmission costs, cross-border capacity...
Supported byVirtu Energy