Serbia''s ambitious energy security plan targets 50% renewables share by 2040
Renewable Energy Sources are the main driver and carrier of the energy transition towards carbon-neutral energy and economy. The fight against climate change has become an international obligation for almost all countries in the world, which have pledged to prevent an increase in the average temperature on the planet by 2°C compared to the pre-industrial period and to reduce the emission of greenhouse gases in 2030 by 45% compared to emissions from 2010. Europe has set an ambitious plan – zero emissions of harmful gases by 2050.
Renewable energy sources, as the seventh of 17 of the UN Sustainable Development Goals (SDG), entitled ''Affordable and Clean Energy'', is becoming increasingly important and prioritized among the global goals for saving the planet.
The Paris Agreement on Climate Change from 2015 also pointed out the crucial importance of renewable energy sources. Global agreements are not just conventions and memoranda, but concrete actions, as shown by the fact that about 170 countries have set national goals to achieve the share of renewable energy sources in energy consumption. It is estimated that the use of renewable energy sources, along with the increase in energy efficiency and the electrification of traffic, will effectively reduce global warming and pollution.
Serbia made significant progress in the field of renewable energy sources since 2015, primarily by building ten wind farms with a total capacity of 512.6 MW. According to Eurostat data from 2019, the share in gross final energy consumption was around 21.5%, while in 2020 it was 26.3%. According to the Integrated National Energy and Climate Plan of the Republic of Serbia for the period until 2030 with a vision until 2050 the share of renewable sources in gross final energy consumption should reach 29.8% in 2025, while 33.6% is predicted by 2030.
The pandemic year 2020 has made renewable energy sources an important topic in public discourse, highlighting the importance of clean technologies for people’s health, as well as for the energy independence of each country. In 2020, for the first time in history, renewable energy sources in Europe surpassed the production of energy obtained from fossil fuels. A quarter of the energy is obtained from nuclear reactors, for which there is also a plan to shut down in the future.
More growth of the RES capacity is expected in the future because to reach the climate goal of reducing the increase in the average global temperature by 1.5°C by 2050, the use of fossil fuels must be reduced by 75%.
The European Union Directive 2009/28/EC set the goal that 20% of the total energy consumption in 2020 should come from renewable sources. The members of the Energy Community received even more demanding goals, which for Serbia meant 27% of green energy in total consumption.
Originally Directive 2018/2001/EC (RED II- Renewable Energy Directive) set a target of 32% by 2030 in energy consumption, while its revision is the current target to at least 42.5% by 2030 to grow to 45%.
Europe is rapidly working on greening its energy capacities, especially through expanding the use of solar and wind energy. The growth trend of new RES capacities in the EU has been very dynamic in the last few years.
According to the projections of the Energy Development Strategy of the Republic of Serbia until 2025 with projections until 2030, the total potential of renewable energy sources in our country amounts to 5.65 million toe (tons of oil equivalent) per year. Potential utilization, according to the latest available data from 2019, is 2.06 million toe of RES oil.
The new Energy Development Strategy of the Republic of Serbia until 2040 with projections until 2050 predicts that the total installed capacity of built wind power plants and solar power plants will be 10.97 GW.
In 2013, the Republic of Serbia adopted the National Action Plan for the Use of Renewable Energy Sources with the ambitious goal of achieving a 27% share of RES in gross final energy consumption by 2020, which has almost been achieved. The Integrated Energy and Climate Plan, adopted in August 2024, predicts that 3.5 GW of new solar and wind power will be online by 2030.
In March 2021, the Republic of Serbia adopted a new Law on the Use of Renewable Energy Sources, which should modernize the incentive system, by replacing the administratively assigned feed-in tariff model with marker premiums and auctions as a way of awarding incentives.
Two years later, an amendment to the law was adopted, which launched auctions for new RES capacities, as well as solving numerous requests for connecting solar power plants and wind power plants to the energy system, as well as a balance between integrating more green energy into the system and ensuring the safe operation of the power system. The first auctions for the allocation of market premiums for renewable energy sources were organized in 2023. The quota for wind of 400 MW was not enough for all interested bidders, while the quota of 50 MW for solar was not filled. The next call for the second round of auctions is expected in November 2024.
source: https://ember-climate /project/eu-power-sector-2020/
The potential of wind energy depends, apart from natural conditions, on the technical capabilities of the power system to integrate it.
So far, 10 wind power plants with a total power of 512.6 MW have been connected to the Republic of Serbia’s power system. Projects with a total power of 7.05 GW are under development. This assessment is based on the list of requirements for connection to the electricity transmission system operator. It is estimated that in addition to this list, at least 3 GW of projects are in the early stages of development.
The development of wind farms in Serbia began at the end of the first decade of this century, but the conditions for implementation were created only in 2015 and 2016. The construction of the largest wind farms (Čibuk1, Kovačica, Alibunar, and Košava), which were financed by loans from international financial institutions and commercial banks, was a signal to numerous investors to come to Serbia and explore locations for future wind farms. Apart from the Košava area of South Banat, where all the built wind farms are located, wind energy potentials are in the eastern part of Serbia and the area of Zlatibor and the Pešter Plateau.
At the first auction for the allocation of market premiums for wind and solar power plants, the quota of 400 MW was fulfilled: 210 MW to Vetrozelena, 108.5 MW to Čibuk 2 Wind Energy, then Enlight K2-Wind with 68.5 MW and the remaining 13.5 MW for Crni Vrh power. The maximum auction price was €89/MWh, and the lowest winning price was €64.4/MWh. 4 projects remained outside the quota. The Pupin, Kostolac, and Crni Vrh hydropower plants are currently under construction.
The wind energy industry is developing and progressing the fastest. The first wind generator built in 1984 had a capacity of only 20 kW, while the first wind farm, installed on the Greek island of Kythnos, had a total capacity of 100 kW (today''s power of a solar power plant on the roof of a building).
The reduction in the price of technology and increased competition among equipment manufacturers contributed the most to the expansion of wind farms. According to the latest calculations of the European association WindEurope, the total installed wind power in Serbia will probably reach 1.8 GW by 2030.
As in the case of wind energy, the potential of using solar energy depends, apart from natural conditions, on the technical capabilities of the power system to integrate it.
171 solar power plants, with an installed capacity of 60 MW, have been connected in Serbia so far. If 70 MW of 3,600 prosumers are added to that, a total of 130 MW of solar power is connected to the distribution system. There are currently several projects under development in the solar sector, and their total installed capacity exceeds 3 GW.
According to the Law on Use of Renewable Energy Sources, which defines the use of RES as a public interest, of particular importance for the Republic of Serbia, namely, it is the first time that households and industry can become buyers-producers (prosumers), and citizens can form a community around renewable energy source. Households and industries will thus be able to install RES power plants (which are usually solar panels) on their premises and use that energy for their consumption and deliver the surplus to the grid or store it for later use.
For the second market premium allocation auctions to be announced in November 2024, quotas of 300 MW for wind and 100 MW for solar are expected, increased by the 25 MW remaining from past auctions. In 2023, the Hyundai Engineering – UGT Renewables (UGTR) consortium was chosen as a strategic partner of the Electric Power Company of Serbia for a group of photovoltaic plants with a total nominal power of 1.2 GW, i.e. 1 GW in grid connection capacity. Photovoltaic plants will be built on the territories of two cities: Zaječar and Leskovac, as well as four municipalities: Negotin, Lebane, Bujanovac, and Odžaci.
About 80% of electricity from renewable sources in Serbia comes from hydro potential.
Serbia has 3,102 MW of installed hydroelectric power plants.
EPS also owns 16 small hydropower plants with a total capacity of 20.8 MW. Also, private investors have built 122 small hydropower plants with a total capacity of 77.61 MW under the feed-in tariff system, while 32 SHPPs with a total capacity of about 30 MW are in the status of temporary privileged producer and construction.
Hydropower plants account for about 38.4 percent of the total electricity production of PE EPS, of which more than two-thirds are produced in HPP Djerdap. In addition to the Djerdap HPP, EPS produces electricity in HPP Bajina Bašta''s branches – Kladovo and Drinsko-Lim.
About Renewable electricity serbia
As the photovoltaic (PV) industry continues to evolve, advancements in Renewable electricity serbia have become critical to optimizing the utilization of renewable energy sources. From innovative battery technologies to intelligent energy management systems, these solutions are transforming the way we store and distribute solar-generated electricity.
When you're looking for the latest and most efficient Renewable electricity serbia for your PV project, our website offers a comprehensive selection of cutting-edge products designed to meet your specific requirements. Whether you're a renewable energy developer, utility company, or commercial enterprise looking to reduce your carbon footprint, we have the solutions to help you harness the full potential of solar energy.
By interacting with our online customer service, you'll gain a deep understanding of the various Renewable electricity serbia featured in our extensive catalog, such as high-efficiency storage batteries and intelligent energy management systems, and how they work together to provide a stable and reliable power supply for your PV projects.
Related Contents
