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Serbia to announce public call for wind farm auctions in 2023, Minister says

The Serbian Minister of Mining and Energy, Dubravka Đedović spoke at a business conference organised by the American Chamber of Commerce in Serbia (AmCham). The Minister highlighted the growing confidence in green energy and the government’s plans for 2023 to create the “conditions for new investments” in renewable energy sources (RES) – including a public call for the first wind farm auctions.

The economy and citizens really recognise the benefits of green energy, and in this context, the main task of the state is to create an environment for more such projects, Minister Đedović said.

“The Ministry of Mining and Energy is actively working to create conditions for new investments in renewable energy sources and the plan is to not only complete the regulatory framework in the first quarter of 2023 but also to announce a public call for the first auctions for wind farms. At the same time, the Ministry will adopt a three-year auction plan in which the desired development dynamics of the RES sector will be presented in a transparent manner, which will make it easier for investors to plan their investments. I am glad to see that AmCham members recognize the green agenda as one of the priorities for investment,” Ms Đedović added.

In addition, the Minister emphasised that it is extremely important to increase her country’s energy efficiency in the public sector, economy and households. She noted that in Serbia today, four times more energy is consumed than the European average to produce the same unit of GDP, which “clearly indicates” that energy savings can contribute to the economy’s competitiveness.

“We are currently implementing or are preparing to implement a large number of projects whose value exceeds 920 million euros. Estimates say that their implementation will result in savings of at least 950 gigawatt-hours (GWh) per year, while at the same time the emission of gases with a greenhouse effect of close to 580,000 tons of carbon dioxide will be reduced, which is equal to the annual emission of 320,000 motor vehicles or 15 per cent of the CO2 emission that occurs by heating households,” said Ms Đedović.

Later in the week, Minister Đedović met with the US Ambassador to Serbia, Christopher Hill, who also took part in the AmCham conference, to discuss bilateral relations and “the deepening” of cooperation in the area of energy between the two countries. Ambassador Hill expressed his belief that energy cooperation can be significantly improved. “American investors are interested in investing in new and technologically modern energy capacities in Serbia, primarily in the field of renewable energy sources,” the Ambassador noted. 

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