Sitemap

International Conference On Energy In The Balkans

Red Star Serbian Football Champion For The Fifth Time In A Row

Red Star football team won the title...

Ambassador Hill: The Future Of Serbia Is The West, Not The East

H.E. Christopher Hill, the US Ambassador to...

U.S. Adds $19.5 Million In New Funds To Development Partnership With Serbia

Today, the United States Government announced an...

Constitution Day Of Norway Marked At The Ambassadorial Residence

Ambassador H.E. Jorn Gjelstad hosted a reception...

World Bank’s Malpass Says War In Ukraine May Trigger Global Recession

World Bank President David Malpass on Wednesday suggested that Russia's war in Ukraine and its impact on food and...

World Health Assembly Re-Elects Dr Tedros Adhanom Ghebreyesus To Second Term As WHO Director-General

WHO Member States today re-elected Dr Tedros Adhanom Ghebreyesus to serve a second five-year term as Director-General of the...

Hungary Declares State Of Emergency

The government is declaring a state of emergency in view of the armed conflict in a neighbouring country, starting...

Small And Medium Enterprises Learn How To Be Responsible In The Digital Age

With the intention to share knowledge on responsible digital transformation, digital products and services, responsible communication, responsible processing of...

Blumberg: Bigger Shocks Are Coming With Your Electricity Bills

Forward contracts are baking-in huge price increases for the UK and Europe. An oil crisis hits the economy like...

The necessity of faster regional networking, cooperation between private public sector, the challenges of the global crisis, perspectives that are still open in the energy sector – these are the most important topics that were discussed at the international conference “Energy in the Balkans: Transition to renewable energy sources and improvement of energy networks”.

Head of the EU Delegation to Serbia, Ambassador Emanuele Giaufret reminded of the importance of good cooperation with Serbia for EU economic growth, which is impossible without stable energy sector.

“Since Serbia is on its European path, we have done a lot together. Sixty percent of trade Serbia performs with the European Union. Also EU is also the biggest donor to Serbia. Of great importance for the EU is diversification of energy.

Emanuele Giaufret, ambassador and head of the EU Delegation to Serbia

The European Commission has proposed a “REPowerEU” plan, which is based on diversification of gas resources and rapid reduction of dependence on fossil fuels.

“We invest in new gas interconnection between Serbia and Bulgaria in order to open the possibility for the supply of gas from multiple sources. This is a priority project for the European Union and the initiative to link the countries of Central Europe, South-East (CESEC). The project is supported with nearly 50 million EU grant funds, with 25 million euro loan from the European Investment Bank (EIB),” said ambassador Giaufret.

Deputy Prime Minister and Minister of Mining, Energy Zorana Mihajlovic said that energy, especially renewable energy sector, crucial for economic development, investment, new jobs, especially in moments of crisis.

Zorana Mihajlovic, deputy Prime Minister and Minister of Mining, Energy

“Together with investors, our partners from the Italy, we have discussed the bilateral relations, enhancing cooperation in the energy sector. Since 2009, Serbia and Italy are strategic partners, nearly 50 thousand people in Serbia are employed by the Italian companies. It is important to increase investment in energy, primarily in renewable,” said Mihajlovic, and added “We have a completely new legislative framework, praised by the whole of Europe, especially the law on the use of renewable energy sources. We have all the conditions for new investments. Now is the time to launch a brand new investment cycle with both the public sector and private companies involved in it.”

Photo: europa.rs

Related Articles

Hungary Declares State Of Emergency

The government is declaring a state of emergency in view of the armed conflict in a neighbouring country, starting from midnight on Tuesday, Prime...

Blumberg: Bigger Shocks Are Coming With Your Electricity Bills

Forward contracts are baking-in huge price increases for the UK and Europe. An oil crisis hits the economy like a big wave breaking on...

Electric Vehicle Sales Reach 6.6 Million in 2021

A new report by the International Energy Agency (IEA), authored by Leonardo Paoli, Energy Analyst, and Timur Gül, Head of the Energy Technology Policy...

Borrell: The European Union Needs European Armed Forces

The European Union needs its own armed forces to ensure its security, said EU Foreign Minister Josep Borrell. Borrell wrote on his blog that the...

EU Commission Proposal Suggests Mandatory Solar Rooftops

The EU wants to increase its solar generation capacity in response to the invasion of Ukraine. The European Commission has drafted a proposal to increase...

EC: Serbia’s Growth Is 3.4 % This Year, In The EU Eurozone 2.7 %

The European Commission forecasts growth of Serbia's gross domestic product of 3.4 per cent this year and 3.8 per cent in 2023, according to...

Baerbock: Brussels Must Keep Its Promise Of EU Membership To The Western Balkans

On the eve of the EU Council of Foreign Ministers in Brussels, German Foreign Minister Annalena Baerbock pointed out that the EU must not...

Montenegro: Up To €2.9 Million EIB Grant To Improve Education

The European Investment Bank (EIB), the bank of the European Union, will provide a grant of up to €2.9 million to the Government of Montenegro...