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Serbia eyes to discuss potential renewable energy projects with Azerbaijan – minister (Exclusive)

Oil&Gas Materials 2 February 2023 16:49 (UTC +04:00)
Serbia eyes to discuss potential renewable energy projects with Azerbaijan – minister (Exclusive)
Laman Zeynalova
Laman Zeynalova
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BAKU, Azerbaijan, Feb.2. Serbia expects to discuss potential renewable energy projects with Azerbaijan, Minister of Energy of the Republic of Serbia, Dubravka Djedovic said in an exclusive interview with Trend.

“Increasing the share of renewable energy sources (RES) in the energy mix is a reality for all countries which are undergoing the process of energy transition. At the same time, this opens up opportunities for further expansion of cooperation between Serbia and Azerbaijan, which is, however, already at a high level in the energy sector,” she said.

Dubravka Djedovic noted that Serbia is currently working on the preparation of strategic documents which are to identify its targets regarding the share of RES in the energy mix and the reduction of harmful gas emissions in the coming decades.

“We are also working intensively on the improvement of legislation in order to enable an increase in the electricity generation capacities from renewable energy sources, as well as their sustainable integration into the power system. Auctions are planned for around 400 megawatts from wind energy, and an auction plan is being prepared for the construction of at least 1,000 megawatts of new capacities from RES in the next few years. In addition, the priority is the construction of transmission systems to the neighbouring countries, by projects such as the Trans-Balkan Corridor, which, in addition to higher security of supply, is also important because it facilitates easier integration of RES and the development of the electricity market in the region,” the minister explained.

Djedovic pointed out that since Serbia and Azerbaijan have already signed a Cooperation Agreement between the two governments in the field of energy and mining, she expects to discuss new opportunities for cooperation and potential projects in the field of RES.

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