Renewable Energy
The National Action Plan for Renewable Energy (NREAP) adopted in 2013 set a target of 27 % renewables in final energy consumption by 2020. Out of this, 37 % would come from power generation, 30 % from heating and 10 % from transport. With 20,32% of renewables in its energy mix, Serbia was far from its indicative trajectory of 24,3% in 2018.
Within the framework of the NREAP, Serbia plans to raise its renewable power capacity by almost 1.1 GW by 2020. The total investment costs for this are seen at around €2.3 billion. Out of the targeted 1.1 GW, wind is expected to account for nearly half of this, hydropower 40 % and biomass 9 %.
Last update: 12 2022