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Serbia energy infrastructure and cooperation development

Updated 8 times since CLSTR started tracking revisions of this situation.

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2026-09-30 11:53 UTC → 2026-10-17 12:43 UTC · added removed

Serbia is accelerating its energy transition through the ‘Serbia 2035 Plan’, which outlines a total investment of €14.4 billion. This strategic framework aims to enhance energy security, diversify supplies, and increase cross-border capacity by approximately 50%. Key funding allocations include €6.5 billion for electricity generation, €2.4 billion for transmission and distribution, and €1.2 billion for the gas sector. Renewable energy targets have been expanded, with Minister of Mining and Energy Dubravka Đedović Handanović stating that the nation aims to reach at least 3.5 gigawatts of new renewable capacity by 2030. This follows significant growth in solar and wind capacity, which rose from 400 megawatts to over 1.3 gigawatts in recent years. Major infrastructure projects include the Bistrica pumped-storage hydropower plant, developed with Japanese partners, and the Đerdap pumped-storage plant, intended to function as a regional energy storage hub. International cooperation is also expanding into electricity production. Serbia production through a significant partnership with Azerbaijan. The Serbian government has signed an approved a shareholder agreement with Azerbaijan to establish a joint venture between Elektroprivreda Srbije, Srbijagas, Srbije (EPS), JP Srbijagas Novi Sad, and the Azerbaijani company SOKAR. The partnership State Oil Company of Azerbaijan Republic (SOCAR). This venture will construct develop, finance, build, and manage a 500-megawatt gas-fired combined cycle gas power plant near Niš, capable specifically in the area between Lalinac and Krušac. The facility is planned to have a capacity of producing up to 500 MW and will produce both electricity and thermal energy, energy. Ownership will be split equally, with a target 50 percent held by the Serbian companies and 50 percent by SOCAR. The project, targeted for completion date of 2030. This project by 2030, is expected intended to bolster production capacity enhance Serbia’s energy security and support industrial development in southern Serbia. These developments build upon previous efforts, such as the World Bank-supported gas program and legislative reforms intended to simplify renewable energy permitting, as southern part of the country works to align its energy sector with European Union accession goals. country.

Versions

  1. 2026-10-17 12:43 UTC Serbia energy infrastructure and cooperation development
  2. 2026-09-30 11:53 UTC Serbia energy infrastructure and cooperation development
  3. 2026-09-28 22:22 UTC Serbia energy infrastructure and cooperation development
  4. 2026-09-26 09:50 UTC Serbia energy infrastructure and cooperation development
  5. 2026-09-25 19:08 UTC Serbia energy infrastructure and cooperation development
  6. 2026-09-15 12:21 UTC Serbia energy infrastructure and cooperation development
  7. 2026-09-08 16:14 UTC Serbia energy infrastructure and cooperation development
  8. 2026-09-08 12:33 UTC Serbia energy infrastructure and cooperation development
  9. 2026-09-07 05:49 UTC Serbia energy infrastructure and cooperation development

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