energy

GAS, ELECTRICITY, NUCLEAR POWER

Belgrade is the first in the region ready for the EU's single electricity market, with gas interconnections and diversification of sources being a priority

GAS, ELECTRICITY, NUCLEAR POWER

TL;DR

  • Serbia is the first country in the region to meet the conditions for accessing the EU's single electricity market.
  • Reforms in the gas sector are underway, including the establishment of 'Gas Infrastructure' and the adoption of new network rules.
  • Priority gas projects include interconnections with Romania and North Macedonia, a new gas pipeline from Niš to Horgoš, and expanded gas storage.
  • Plans are in place to sign an agreement with Azerbaijan for a gas power plant.
  • A deal between Gazprom Neft and MOL regarding NIS is expected to lead to the lifting of US sanctions on NIS.
  • A preliminary technical study on the peaceful use of nuclear energy has been completed in cooperation with French EDF.
  • A new unit within the Ministry of Mining and Energy will assess the feasibility of a nuclear program.
  • Discussions also addressed energy projects funded by the Investment Framework for the Western Balkans (WBIF) and potential EU grant funding.