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Powering Serbia’s Future: The Imperative for New Electricity Production Capacities

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If the Reversible Hydroelectric Power Plant Bistrica is not built, Serbia will ‘have no electricity,’ said the President of the Republic of Serbia, Aleksandar Vučić, presenting the ‘Leap into the Future – Serbia EXPO 2027’ program.

Speaking about investments in the field of energy, Vučić said that it is necessary to start the construction of the Reversible Hydroelectric Power Plant (RHE) Bistrica, that RHE Đerdap 3 will be built, and added that final works are underway on the Thermal Power Plant Kostolac B3. Serbia has large projects for the construction of self-balancing solar power plants and the Kostolac wind farm. He listed other projects in the energy sector, such as the Serbia-Hungary oil pipeline and the gas interconnection to North Macedonia, as well as the construction of gas storage facilities.

In short, without new electricity production capacities, there is no economic development. The hydropower sector, specifically Bistrica and Đerdap, not only represent renewable, green sources of electricity but will also enable the balancing of the power system, which is essential for further development of solar and wind energy capacity.

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The Reversible Hydroelectric Power Plant Bistrica is of great importance for balancing the national power system, providing five days of energy storage, recently stated the Minister of Energy, Dubravka Đedović Handanović. In addition to being renewable, hydropower enables the most cost-effective electricity production.

In recent years, we have witnessed not only the ability of electricity prices to “jump” to astronomical heights but also the intermittent nature of renewable sources (such as solar and wind).

Regarding Serbia’s commitment to clean energy production, not only due to the CO2 tax implementation by the EU for electricity generated from coal but also for power plants using natural gas as fuel, Jelica Putniković discusses this with energy expert Željko Marković in the latest issue of Energija Sputnjika.

The interviewee from Energija Sputnjika is also asked about the appropriate model for Serbia’s energy transition to ensure energy security, as without secure energy supply, especially in terms of electricity, there can be no economic development.

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