Spanish experiences and investments to help Serbia’s energy transition

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Organized by the Economic and Trade Department of the Spanish Embassy, the Ministry of Mining and Energy of the Republic of Serbia and the Renewable Energy Sources Association of Serbia (RES), a webinar on the potential of the renewable energy sector in Serbia was held for Spanish companies interested in investing and developing the energy sector of Serbia.
Jovanka Atanacković, State Secretary at the Ministry of Mining and Energy of the Republic of Serbia and Assistant Minister Ms. Natalija Luković presented the new legal framework and potential projects in the field of renewable energy sources, while Veljko Ožegović and Danijela Isailović presented the market potential from the private sector perspective.
It was said at the webinar that the development of green energy is one of the priorities for the Ministry of Mining and Energy, and that on its way to success in the energy transition, Serbia is counting on the help of its partners from the European Union and its member states.
The plan is to raise the share of energy obtained from renewable sources to 40% by 2040, while at the same time Serbia is working on the decarbonisation process, with the goal of becoming not only carbon neutral, but “carbon positive” by 2050.
On the other hand, Spain is one of the European and world leaders in this sector, as it already receives 40% of the total amount of energy needed from renewable sources, and according to the long-term national strategy, it is expected to fully meet all energy needs by 2050 based on renewable sources. On average, thanks to green energy, Spain manages to reduce its carbon dioxide emissions by over 50 million tons per year, while this sector in Spain employs over 80,000 people.
The webinar was attended by representatives of over 20 Spanish companies – from those interested in direct investment, through companies whose technology and experience can help priority projects in Serbia, to consulting firms engaged in the development of environmentally conscious, sustainable economy, eKapija reports.