If a household or business in Serbia decides to install solar panels and start producing electricity for self-consumption – to become a prosumer – it is not a mission impossible. It is, actually, very simple. Things get a bit more complicated when a prosumer wants to sell electricity produced in this way, but that is not impracticable either. So, if you are thinking about engaging in solar energy production, just go for it!
Thanks to current market trends, reflected in decreasing costs of investment in wind farms and solar power plants and falling electricity prices, renewables are on track to push coal out of the market in the Western Balkans. Decision makers can slow down or speed up the coal phase-out, but regardless of their actions, the region is likely to transition to energy systems in which the share of coal will be much lower than the current 70%, with some projections even suggesting only 20% by 2030.
The Minister of Mining and Energy of Serbia, Zorana Mihajlović, talked today with the manager of the American company Bechtel for Europe, Chris Jenions, about the possibilities of cooperation in the field of energy, with special reference to renewable energy sources and green energy.
Although Serbia could get 1 GW in wind farm capacity in the next five years, it has to decarbonize energy and reduce the share of coal in energy production within one or two decades. The Green Agenda for the Western Balkans can help the implementation of the inevitable and expensive process, which will also bring a healthier environment, according to speakers at online conference Green Economy – Raising the Value of the Serbian Market.
The sale of guarantees of origin for electricity produced from renewable sources in Serbia is now possible in European countries and vice versa. Until now, guarantees of origin for energy produced in Serbia were only traded within the country.
