EU Energy Projects

The package will cover investments to diversify energy supplies, boost renewable energy and improve energy efficiency. It will also promote the clean energy transition of the region and cut dependency on Russian’s fossil fuels. Serbia will benefit under this tranche of EU funds in the form of a new wind farm in Kostolac and the reconstruction of the Vlasina hydropower plant.

The Trans-Balkan Electricity Corridor – a joint project of the German KfW, the EU and the Government of Serbia – will connect Serbia with Italy and provide a new more stable and efficient network with greener energy resources.

A new gas interconnector with Bulgaria will help diversify energy sources for Serbia and help to make it less dependent on Russian gas.

The EU is currently improving the energy efficiency of several hospitals in Belgrade, including the biggest VMA hospital. So far the EU has provided grants for energy efficiency measures in 200 buildings in Serbia, from kindergartens and schools to other major hospitals and government buildings. 

The European Union has been supporting Serbia in the field of energy since the year 2000 with over EUR 1 billion. There are a number of flagship projects either already ongoing or planned to be started soon.

Last updated: December 23, 2024, 20:31