Sitemap

Regional Conference On Renewable Energy In Western Balkans Held In Belgrade

CorD Recommends

Nelt Group Announces Executive Appointments

Nelt Group has introduced significant organisational changes...

Mattoni 1873 Completes Acquisition of Knjaz Miloš for €90 Million

Mattoni 1873, the titan of mineral water...

EU Parliament Passes Stringent Packaging Laws

In a decisive move, the European Parliament...

Chinese President Xi Jinping to Embark on Official Visit to Serbia

The press office of Serbian President Aleksandar Vucic announced that Chinese President Xi Jinping will be visiting Serbia on...

Global Debt Reaches Historic Highs, WEF President Warns

Børge Brende, President of the World Economic Forum (WEF), delivered a stark assessment of the global economy at the...

High-Speed Rail Link Between Novi Sad and Budapest Set to Start in Decembar 

The main track on the high-speed rail section from Novi Sad to Budapest has been successfully connected at the...

Miele Opens First Experience Centre in Novi Sad Amid 125th Anniversary Celebrations

In a year marking its 125th anniversary, Miele has inaugurated its first Experience Centre in Novi Sad, enhancing its...

Nelt Group Announces Executive Appointments

Nelt Group has introduced significant organisational changes to bolster its business strategy "Accelerate 2025," appointing Goran Cerovina as Executive...

The regional conference “Investment opportunities in renewable energy sources in the Western Balkans”, organized by the Norwegian embassies in Belgrade and Sarajevo, was held today in Belgrade.

The event was attended by President of Serbia Aleksandar Vučić, the special envoy of the Prime Minister of Norway Andreas Eriksen, the Prime Ministers of Albania, North Macedonia and Montenegro Edi Rama, Dimitar Kovačevski and Dritan Abazović, as well as the Chairman of the BiH Council of Ministers, Zoran Tegeltija.

President Aleksandar Vučić stated at the press conference that the leaders of the Western Balkan countries came to the conclusion that the regional market should be formed and that the countries should help each other in the matter of energy.

“We can help each other a lot and jointly secure the future,” said Vučić, while Eriksen said that it is necessary to provide safer sources of energy in this time of uncertainty, and that action must be taken immediately:

“The efforts that have been made will contribute to making the environment more resilient and more friendly to investors,” Eriksen pointed out and added that it is necessary to strengthen cross-border cooperation in order to make the systems stronger.

According to Albanian Prime Minister Rama, regionalization of WB markets is needed, and when it comes to energy, the Western Balkans must go beyond its borders.

“We are still small markets and what we need, if we deal with something only in an isolated way, it can be much more expensive. If we act from a regional point of view, we can have easier access to finance and stronger connections with the private sector,” said PM Rama.

The Prime Minister of Montenegro, Dritan Abazović, pointed out that the topic could not have been affected better, because not only the countries of the Western Balkans, but also the whole of Europe is affected by the energy crisis.

“The countries of the Western Balkans are especially open to Norway’s experiences when it comes to building capacity for renewable energy,” Abazović stated and added that in Montenegro there is an imbalance between spring and winter, when the country produces electricity, and the summer months, when it imports electricity.

Read the publication

“This is a completely unacceptable concept for us, because most Montenegrin cities have more than 250 sunny days. Our ambition is to have a large, more active construction of solar and wind power plants, and to start with a liquefied gas storage in Bar, which will be able to be connected with a gas power plant”, said Abazović and pointed out that Montenegro wants to work together with the region and be a green producer to a greater extent:

“We have to pay more attention to how we can act jointly towards third markets and how to implement joint projects in this market”.

The Prime Minister of North Macedonia, Dimitar Kovačevski, said that this is an important conference for the entire region and an opportunity to use the opportunities of green energy in the countries of the Western Balkans, but also an opportunity to develop the region as a place for the creation of that green energy, and that the goal is for the region to be a center of energy potential.

“In the last two years, we have seen the creation of regional cooperation and good neighborly relations in the region. Cooperation is the only way to overcome the crisis and create a more stable energy environment. A difficult winter is ahead of us and I am quite sure that with solidarity and cooperation we will manage to overcome everything challenges”, Kovačevski concluded.

The Deputy Minister of Energy and Special Envoy of the Prime Minister of Norway Andreas Bjeland Eriksen, during a meeting with the Minister of Mining and Energy in the Government of the Republic of Serbia Dubravka Đedović, stated that Norwegian companies are interested in cooperation with Serbia in the field of renewable energy sources, adding that the Norwegians have rich experience in the application of advanced energy balancing technologies.

“The Nordic model of cooperation can serve as a good example for energy cooperation in the Western Balkans,” Eriksen said, reminding that Norway is an important partner of Europe at a time of severe energy crisis, and that it has increased gas exports in order to respond to the needs of European consumers.

Related Articles

Chinese President Xi Jinping to Embark on Official Visit to Serbia

The press office of Serbian President Aleksandar Vucic announced that Chinese President Xi Jinping will be visiting Serbia on 7-8th May for an official...

Over Two Thousand Seek Employment in Serbia Through Open Balkan Scheme

Serbian President Aleksandar Vučić reported that, via the Open Balkan initiative's ID card system, 2,200 individuals have expressed their desire to work in Belgrade...

Strategic Energy Partnership Established Between Serbia and France

The Serbian Government adopted a Memorandum of Understanding between the Government of Serbia and French Electric Power Company (EDF), on establishing a framework for...

EU and EP Finalise €6 Billion Support for Western Balkans

The European Parliament and the Council of the European Union have finalised a deal to provide an additional six billion euros in aid and...

CEB Grants €1.3 Billion Loans to Boost Social Sectors in 11 Countries

The Council of Europe Development Bank (CEB) has sanctioned loans totaling €1.3 billion for 11 member countries, including Serbia and Bosnia and Herzegovina, announced...

Serbia Advances in Renewable Energy with Pupin Wind Park Financing

In a significant stride towards renewable energy adoption, Serbia has finalized the financial arrangements for the Pupin Wind Park, with contracts signed at the...

Đedović Handanović: Nuclear Energy in Serbia by 2039 at the Earliest

Nuclear energy in Serbia could become a reality by 2039 at the earliest, should work on the project commence now, stated Dubravka Đedović Handanović,...

United Front on Energy and Environment: Balkan Ministers Pledge Cooperation

In a landmark summit, the energy and mining ministers of Montenegro, the Republic of Srpska, and Serbia united to deliberate on ways to enhance...