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Serbia: Energy-intensive companies seek state support in the decarbonisation process Read More »

Serbia: Energy-intensive companies seek state support in the decarbonisation process

Companies in Serbia are not afraid of decarbonisation and the European Union’s Carbon Border Adjustment Mechanism (CBAM), but they are worried that the state does not recognise what needs to be done to help the affected industries protect jobs and maintain competitiveness. Producers of cement, steel, aluminium, and mineral fertilisers claim they need neither money

Serbia: Nofar Energy to develop the largest solar project in the country Read More »

Serbia: Nofar Energy to develop the largest solar project in the country

The upcoming unveiling of Serbia’s largest solar park, located in Ada, will mark a significant milestone for Nofar Adria, a company primarily owned by Israeli firm Nofar Energy.  With a total capacity of 26 NW, this solar facility represents a substantial investment of 30 million euros and is expected to generate approximately 33,150,000 kWh of electricity annually.

Serbia: Refinery in Smederevo to be in line with the highest EU standards Read More »

Serbia: Refinery in Smederevo to be in line with the highest EU standards

Serbia’s Minister of Mining and Energy, Dubravka Đedović Handanović, recently finalized a framework agreement with “China Energy International Group” to construct an oil processing plant in Smederevo, aimed at producing derivatives in line with EU standards. This development has sparked discussions regarding the necessity of another refinery in the country and its implications, particularly concerning existing Russian-owned refineries. Handanović

EU and Serbia resolved legal obstacles to the lithium sourcing agreement Read More »

EU and Serbia resolved legal obstacles to the lithium sourcing agreement

Commissioner Maroš Šefčovič revealed that the final legal obstacles are being addressed before the EU-Serbia trade partnership, focused on sourcing lithium from the Jadar region, is finalized. Negotiations are in the concluding stages, as mentioned during a significant event in Brussels. The trade agreement, aimed at sourcing critical raw materials from Serbia, has been in the works since last

Serbia: Could EPS expand in the region? Read More »

Serbia: Could EPS expand in the region?

Serbia’s President, Aleksandar Vučić, made it clear that the sale of EPS (Electric Power Industry of Serbia) is not on the agenda. Instead, he announced plans for Serbia to acquire other power companies in the region, signaling a shift towards regional energy consolidation. However, skepticism looms within the professional sphere regarding the feasibility of such an endeavor,

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