Serbian Energy Minister signs two new agreements with EBRD

NEWS 26.02.202417:50
Tanjug / MRE / Emilija Jovanović

Serbian Mining and Energy Minister Dubravka Djedovic Handanovic signed Monday in London two documents on cooperation with the European Bank for Reconstruction and Development (EBRD) regarding support for investment in renewable energy sources in Serbia, Fonet reported.

In the Presence of Serbian Prime Minister Ana Brnabic, Djedovic Handanovic signed an Agreement on Grants worth 3 million euros within the project Renewable Energy Sources (RES) in District Heating Systems in Serbia, which the Ministry is implementing in cooperation with the EBRD and cities and municipalities throughout Serbia, said the Serbian Government in a press release, reported Fonet.

The Minister pointed out that the total value of the project is 40.5 million euros, of which 10.5 million euros are grants, and that the Ministry plans to introduce RES in the district heating sector in ten local governments in Serbia using.

By implementing the projects we are planning with the EBRD, we would double the production of thermal energy from RES, with a significant reduction in carbon dioxide emissions, the press release quoted the Minister as saying.

Djedovic Handanovic said that a Letter of Intent was also signed Monday between the Ministry and the EBRD, which ensured the support of this international financial institution in the second round of auctions for the allocation of market premiums for renewable energy sources, which will be implemented in the second half of this year, said the press release.

A Serbian Government delegation, headed by Prime Minister Ana Brnabic, is attending the Western Balkans Investment Summit in London which is hosted by the European Bank for Reconstruction and Development (EBRD) at its London headquarters.