Dubravka Đedović Handanović Announces Investments of 14.4 Billion Euros in Energy by 2035
Minister of Mining and Energy Dubravka Đedović Handanović discussed planned investments in the energy sector and potential cooperation in gas infrastructure and renewable energy sources with a delegation from the European Bank for Reconstruction and Development (EBRD), led by Director General for Sustainable Infrastructure Harry Boyd-Carpenter.
Dubravka Đedović Handanović Announces Investments of 14.4 Billion Euros in Energy by 2035 Serbia is embarking on a significant investment cycle in its energy sector, planning €14.4 billion in investments by 2035. The strategy includes developing gas infrastructure, integrating new renewable energy sources, and exploring nuclear energy and gas power plants to ensure sufficient electricity supply. The European Bank for Reconstruction and Development (EBRD) is a key partner in these initiatives, supporting projects in gas diversification, renewable energy auctions, and hydropower plant revitalization.
- Serbia plans to invest €14.4 billion in its energy sector by 2035.
- Investments will focus on gas infrastructure (worth €1.6 billion) and renewable energy sources.
- Nuclear energy and gas power plants are being considered to compensate for reduced coal-based electricity production.
- Serbia aims to secure 45% of its electricity from renewable sources by the end of the decade.
- The EBRD is supporting Serbia in renewable energy auctions and the revitalization of Vlasina hydropower plants.
- An innovative project integrating renewables and heat pumps into the district heating system in Novi Sad is underway with EBRD involvement.
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