Mihajlovic: EBRD is an important partner in the process of energy transition

Mihajlovic: EBRD is an important partner in the process of energy transition

Deputy Prime Minister of the Government of Serbia and Minister of Mining and Energy, prof. Zorana Mihajlovic, PhD, met today with the delegation of the European Bank for Reconstruction and Development (EBRD), led by EBRD, Vice President Alain Pilloux, and talked with them about investments in renewable energy projects, increasing energy efficiency and gas diversification.


Mihajlovic pointed out that the Ministry has adopted a modern legal framework and is preparing two important strategic documents - the National Climate and Energy Plan and the Energy Development Strategy, and that cooperation with EBRD is important in the process of energy transition and energy mix change.

"We have good cooperation with EBRD and I believe that we will continue to do so. The current value of our joint projects is 360 million euros. Our most important task is to change the energy mix and how to use other types of energy more, primarily RES, in order to achieve carbon neutrality by 2050. "The partnership and support of EBRD in that process are very important to us," Mihajlovic pointed out.

She added that three gas interconnectors are especially important for Serbia - with Bulgaria, which is already under construction, as well as the planned interconnections with Croatia and Northern Macedonia.

Alain Pilloux said that the legal framework in the energy sector has been improved, but that there is obviously some resistance to change, and that the role of EPS in the development of RES is especially important.

"As a bank, we work with the world's largest investors. If you manage to attract them to Serbia, at that moment the energy sector will begin to develop at a high speed. When it comes to energy efficiency, we have a large number of projects and it is important to expand them to the whole of Serbia. "We also want to help when it comes to gas diversification," Pilloux said.

The meeting also discussed the increase in the capacity of households for the production of solar energy, bearing in mind that the procedures have been simplified and that there is great interest from both the economy and the citizens in installing solar panels.