BAKU, Azerbaijan, August 17. By enacting new laws, which are modern and harmonized with EU regulations, Serbia has created the basis for increasing investments in renewable energy sources (RES), Deputy Prime Minister of the Republic of Serbia and Minister of Mining and Energy, Prof. Zorana Mihajlovic said in an exclusive interview with Trend.
“The first independent Law on the Use of Renewable Energy Sources (RES) has just been adopted with the aim of enabling new investments in RES and increasing the share of RES in the total energy produced. For the first time, this law has also recognized green hydrogen as a RES, which will play an increasingly important role in the energy transition,” she said.
Mihajlovic noted that projects in the field of RES are also an important part of the ministry's investment plan, in which the total value of planned and potential projects is approximately EUR 35 billion.
“The most important planned projects in the upcoming period are the construction of new reversible HPPs (the first hybrid RHPP Djerdap 3, which includes both solar and wind power plants and RHPP Bistrica) and new capacities for the production of electricity from RES, primarily from solar and wind energy,” said the deputy prime minister.
She went on to add that the next important step will be the adoption of the Integrated National Energy and Climate Plan (INECP) of the Republic of Serbia by 2030, with a vision by 2050, which will define a new energy policy that implies the creation of green energy, as well as the dynamics of achieving the main goals of this strategy.
“Also, a new Energy Development Strategy is being developed in parallel with INECP. We need to be ambitious in order to move things forward, but we also need to be aware that 2030 is very close and that we need to act now if we want to achieve the key goals, which are to reduce greenhouse gas emissions in 2030 by about 40 percent compared to 1990 and reach a share of RES in gross final energy consumption in 2030 of at least 40 percent,” said Mihajlovic.
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