Sitemap

Comment

The Shift Is On

After many years of fatigue, it seems that the National Plan for Energy and Climate, as well as the forthcoming Energy Development Strategy, signal a more profound shift towards effective energy transition

Experts have spent years debating whether Serbia has the potential to leapfrog the energy transition process. Among the “pluses” they’ve noted the availability of renewable energy sources, the potential for regional cooperation in the energy sector and under-utilised human capital. On the other hand, there are also significant obstacles, such as persisting with the policy choice of preserving low energy prices, combined with high energy intensity, the prioritising of energy security, the inadequacy of the utilising of renewable sources, a lack of policy coherence and dependency on external funding.

At least some of these obstacles were recently lifted through the introduction of a set of laws aimed at putting the energy transition in motion. They are inspired by the EU, which is considered a global leader in energy transition thanks to it having seized the economic and industrial opportunities offered by this global transformation and developed its own approach to energy competitiveness and security.

This is a significant change, given that Serbia, for many years, exhibited little ambition to tackle climate challenges and devise energy policies that would drive energy transition forward, in line with the Paris Agreement and the EU Clean Energy Package. Several European Commission reports on Serbia noted that the transposition and implementation of the EU energy acquis has been below expectations, despite the nudges of the EU and the Energy Community.

Experts note that the ongoing energy transition brings challenges related to the security of supply, employment and energy affordability, but also brings many rewards if properly executed

It now seems, however, that we are finally moving in the right direction, with the drafting of an integrated approach to national climate and energy goals. Serbia’s new legislative initiative comes after the EU completed a comprehensive update of its energy policy framework to facilitate the transition away from fossil fuels and towards cleaner energy and delivering on its Paris Agreement commitments to reduce greenhouse gas emissions.

It is important to note that this comprehensive process is not only about the mix of energy resources, digital transformation or emissions. Rather it is a process that envisages deep changes within society.

The toughest part for countries like Serbia is moving away from dependence on lignite. This is a task that analysts describe as “difficult and incomparable to any recently executed reform or transformation by Serbian society”. As noted in the interview with Deputy Prime Minister and Minister of Mining and Energy Zorana Mihajlović, deciding on the future of lignite is probably the most important decision facing Serbian society, and the whole process will take several decades to complete.

More...

4 Ways To Make Solar Panels More Sustainable

Solar panels provide the largest and cheapest source of renewable energy. But there is still room to reduce the high emissions created when building...

Zorana Mihajlović Ph.D. Minister Of Energy And Mining

We Have Thoughtfully Embarked On Deep Reforms

The major changes we’ve instigated in the energy sector are connected deeply, and in multiple ways, with overall economic development, while they have a...

Nikola Rajaković Ph.D., University Of Belgrade, Faculty Of Electrical Energ

We’re Increasingly Ready For Energy Transition

The key factor in the success of implementing energy policies and plans is the accepting of the paradigm shift in the development of the...

Dražen Pjeranović, Elektromontaža Kraljevo CEO

Dedication Brings Success

Energotehnika Južna Bačka took over the majority package of shares of Elektromontaža Kraljevo last year, thereby creating the conditions for a bolder and more...

News

Enlargement Package 2021 Adopted By The European Commission

Today, the European Commission adopted its 2021 Enlargement Package, providing a detailed assessment of the state of play and...

Serbia To Hold 5G Spectrum Auction In First Half Of 2022

AmCham and Ministry of Trade, Tourism and Telecommunications work together to tackle illicit trade online The 5G network and associated...

Belgrade Security Forum Under The Motto “Testing Humanity”

The Belgrade Security Forum, the most important international foreign policy and security conference in the region, will take place...

Russia Suspends Its Mission To NATO

The Kremlin is also closing the alliance's liaison mission in Moscow. The announcement comes after NATO expelled eight members...

Serbian Government, Oracle Sign Memorandum Of Understanding

At the pavilion of the Republic of Serbia, at this year's World EXPO 2020 held in Dubai, a Memorandum...