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Serbia

Serbia

Serbia believes time is ripe for wind investment

SERBIA: The development of wind energy in Serbia can attract up to €1.5 billion in investments for the construction of about 1GW of wind power, according to Maja Turkovic, president of the Serbian Wind Energy Association (SEWEA).

Maja Turkovic, president of the Serbian Wind Energy Association (SEWEA).
Maja Turkovic, president of the Serbian Wind Energy Association (SEWEA).

Serbia currently has no wind farms in operation, although some initiatives have already passed the feasibility study stage. These include two projects in Pancevo (both plants totaling 170 MW) and in Doljevac (100 MW) in the north and south of the country respectively.

According to the SEWEA, Serbia has favorable conditions for the installation of large wind farms, especially in the northern and eastern part. However, the country still lacks the legislative instruments to support the growth of renewable energy.

Wind developers also face difficulties of a financial nature, as they have to fully bear the costs for the construction of the wind farms to the national grid.

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