As we wrap up 2024, how confident do you feel in your energy storage development and procurement strategies? With changes in domestic content requirements and looming tariff additions on the horizon, development
"The new wind and solar power plants mean greater energy security, as investors in each project have committed to selling the generated energy to supply domestic consumers over the coming years," Đedović
However, the deal''s success hinges on Serbia''s ability to reconcile its energy policy with EU expectations, including market reforms. Legal and financial uncertainties
With the proposed amendments to the Law on the Use of Renewable Energy Sources, Serbia will promote the introduction of energy storage facilities, Minister of Mining and Energy Dubravka Đedović said. Upon
Serbia allocated the entire 424.8 MW quota in its second wind and solar power auction. According to the Ministry of Mining and Energy, the winning bids came from investors
Search all the ongoing (work-in-progress) GUSESS projects, bids, RFPs, ICBs, tenders, government contracts, and awards in Serbia with our comprehensive online database.
Serbia''s Ministry of Mining and Energy has announced a second renewable auction to procure 124.8 MW of solar at a maximum price of €72 ($75.90)/MWh. Bids are due by Feb. 5, 2025.
The Association Renewable Energy Sources of Serbia (RES Serbia) is a business association founded on March 01 st, 2021 and aimed at improvement of the business environment in the field of renewable energy
Opportunities in Serbia''s 1 GW Solar Power Project for Industry Partners This pioneering solar project represents a key moment in Serbia''s renewable energy journey. To succeed, all participants—from government
Search all the announced and upcoming GUSESS projects, bids, RFPs, ICBs, tenders, government contracts, and awards in Serbia with our comprehensive online database.
Energy security of the Republic of Serbia and relatively low import dependence, in the conditions of gradual abandonment of coal as the dominant energy source, is impossible to achieve and
The project will be in Sremska Mitrovica, Serbia. Image: Fortis Energy Turkey-based developer and IPP Fortis Energy has acquired a solar and battery energy storage system (BESS) project in Serbia. The company plans
Serbia allocated the entire 424.8 MW quota in its second wind and solar power auction. According to the Ministry of Mining and Energy, the winning bids came from investors from China, the United States, France, and
Following similar pieces in 2022/23, we look at the biggest energy storage projects, lithium and non-lithium, that we''ve reported on in 2024.
In 2025, Serbia is expected to import 90% of its natural gas and 80% of its crude oil and petroleum products, representing a 25% increase in crude oil imports compared to 2024,
The Government of Serbia and China Energy International Group (CEIG) have signed a memorandum of understanding on strategic cooperation in energy sector. The
How do you plan a new generation energy storage system? The interconnection of new generation assets,loads,or storage within the electric grid must first be evaluated by planning
Energy security, energy market development, and overall transition to sustainable energy were adopted as key priorities for the energy development of the Republic of Serbia, as well as the
UGT Renewables is working with Serbia''s EPS to provide a series of self-balanced utility-scale solar projects, including battery storage, to every corner of Serbia.
Serbia has closed its second round of auctions for renewable energy, selecting 424.8 MW of solar and wind power projects for contracts for difference (CfDs), the Serbian
Additionally, Serbia plans to build new storage facilities for petroleum derivatives in Pančevo, Kovin, and Ledinci. Expanding energy sources Beyond hydroelectric, wind, solar
For example, each component of a battery energy storage system contributes points under the 2025-08 IRS Notice, which helps projects meet the domestic content
Investors submitted 41 project proposals The total capacity of the wind and solar projects receiving support will be up to 645 MW This second auction follows the successful process conducted in 2023, also with EBRD
Prime Minister Ana Brnabic and President of Serbia Aleksandar Vucic today presented the “Serbia 2025” programme, which contains a plan of investment projects for the further development of the
This report comes to you at the turning of the tide for energy storage: after two years of rising prices and supply chain disruptions, the energy storage industry is starting to see price
With these key projects on the horizon, Serbia is poised to continue its energy transition and bolster its energy independence, while navigating the complexities of an ever
Serbia in 2025 presents a wealth of investment opportunities across various sectors, from renewable energy and technology to agriculture and real estate. The country''s improving business climate, strategic location in
In 2024, Serbia continued its path toward energy transition, sustainability, and a healthier environment. One of the first steps was the decision to double the funds allocated for the energy rehabilitation of public buildings
Energy storage deployment across North America broke records in 2024, driven by falling battery prices, increased system efficiencies, and growing market opportunities.
Serbia also plans to expand gas storage facilities. The Banatski Dvor storage is currently being expanded from 450 million to 750 million cubic meters, and future expansion
The Serbian Government has approved the development of a spatial plan for constructing large-capacity self-balancing solar power plants paired with battery energy
The total installed solar capacity will be 1 GW, with battery storage units having an installed capacity of 200 MW and an energy storage capacity of 400 MWh. The project will
Energy security, energy market development, and overall transition to sustainable energy were adopted as key priorities for the energy development of the Republic of Serbia, as well as the principles upon which the energy policy until 2030 needed to be developed.
The Energy Law envisages that energy policy is elaborated and implemented in more detail through the Energy Sector Development Strategy of the Republic of Serbia, the Strategy Implementation Program, and the Energy Balance of the Republic of Serbia.
For the Republic of Serbia, the use of very high current prices (expected to go even higher) from the EU ETC in the near future is not acceptable, the reason being the buyers of electrical energy can’t accept high prices of electrical energy that will result from that.
The transition of Serbia's energy sector, in the context of the implementation of a new energy strategy, takes place in the turbulent time, first due to changes in demand and the restructuring of global energy markets, and then due to a series of geopolitical challenges, leads to a sudden and uncertain increase in prices certain forms of energy.
The production of primary energy in Serbia in 2021 amounted to 10.186 Mtoe8. The import of primary energy (including electricity) in 2021 amounted to 7.251 Mtoe. Imports ensure the necessary additional quantities of crude oil and petroleum derivatives, natural gas, and coal.
Import dependency in the natural gas sector in the Republic of Serbia is very high (78,6% in 2021). There have been no significant discoveries of new natural gas deposits in recent years, and most of the existing gas fields are in the final stage of production. Two scenarios of gas consumption until 2040 are presented in Figure 24.
