energy
Đedović Handanović: World Bank interested in broader support program for Serbia's gas sector
Minister of Mining and Energy Dubravka Đedović Handanović stated today that the World Bank is interested in a broader support program for Serbia's gas sector, within which they could phase in financing for the construction of gas interconnections, strengthening existing domestic gas infrastructure, as well as building new storage capacities.
TL;DR
- Serbia considers gas a long-term transitional fuel for decarbonization and needs to build infrastructure to meet strategic goals.
- The Ministry of Mining and Energy discussed a support program and project financing in the energy sector with a World Bank delegation.
- Key focus areas include gas sector development and energy efficiency in Serbia.
- Serbia plans to continue the 'Clean Energy and Energy Efficiency for Citizens' (SURCE) project, supported by the World Bank, which subsidizes energy efficiency measures for households.
- Subsidies will be provided to approximately 50,000 households by the end of 2027, with plans to continue the program.
- The World Bank is also interested in financing the energy renovation of public buildings like schools, kindergartens, and hospitals.
- A priority infrastructure project is the gas interconnection with North Macedonia, funded by EU means, which will open an alternative gas supply route.