Serbia energy storage power station subsidies

4 FAQs about [Serbia energy storage power station subsidies]

Why should Serbia invest in solar power plants?

Located throughout the country, these solar power plants will help Serbia improve energy security, avoid expensive energy imports, and achieve electricity independence at an affordable price. The modernization of the EPS and renewing Serbia’s Energy Generation Portfolio will have a lasting impact on communities throughout Serbia.

Does Serbia subsidize coal & electricity prices?

Serbia heavily subsidizes coal and electricity prices, inhibiting competition. Recently, the Serbian government and EPS have announced ambitious plans to transition to green energy solutions and reduce Serbia’s dependence on Russian natural gas.

How many MW of battery storage will be developed in Serbia?

Up to 200 MW of battery storage will be developed across the sites. Image: Ministry of Mining and Energy, Tanjug Plans for 1 GW of new solar in Serbia are set to go ahead after the signing of an implementation agreement.

What is Serbia''s energy investment plan?

The Ministry of Mining and Energy has announced a €15 billion investment plan for the electricity sector in next several years, expecting to reach more than 3 GW of renewable energy production plants. The main players and investors in the Serbian Energy Sector are:

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