energy sector
EBRD Supports the Largest Onshore Wind Project in Africa
The European Bank for Reconstruction and Development (EBRD) is promoting renewable energy and low‑carbon technologies in Egypt by arranging a syndicated loan worth 275 million USD for the construction and operation of the largest wind farm in Africa. The 275…
Diversification of Energy Sources: North Macedonia Turns to Azerbaijan
North Macedonia has signed an agreement with the State Oil Company of the Republic of Azerbaijan (SOCAR) to enhance its energy security. The partnership, formalized through a Memorandum of Understanding on cooperation in the energy sector, focuses on diversifying natural…
The Energy Sector Rated Highest According to the White Book of the Foreign Investors Council
According to progress in implementing recommendations from the White Book by the Foreign Investors Council, the energy sector has emerged as the leading sector. Out of a total of eight recommendations for the energy sector, significant progress has been achieved…
Proposed Law on Amendments to the Energy Law: What Changes are Being Introduced?
Since the Energy Community Treaty came into effect in 2006, an agreement between the European Community, Serbia, and other regional countries, Serbia has been obligated to align its national legislation in the energy sector with the European Union’s legal standards.…
Sweden Closes the Baltic Sea to Offshore Wind Farms – 13 Projects Cancelled
The Swedish government recently canceled 13 offshore wind farm projects, citing military concerns as the reason. This decision has shaken the energy sector, particularly due to the closure of a large part of the Baltic Sea to wind energy development.…
Serbia’s Green Challenges
Energy transition in Serbia is a complex process that unfolds amidst economic, political, and technological challenges. The National Integrated Energy and Climate Plan sets goals such as achieving a 33.6 percent share of renewable energy in gross final consumption by…
Energy Transition In Serbia – Challenges and Potential
The energy transition in Serbia has become a burning issue in recent years, especially after a significant increase in the capacity of renewable energy sources (RES). However, despite Serbia managing to almost double these capacities compared to 2022, it still…