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Serbia prepares energy development strategy until 2015
Belgrade,
25 September 2004
Serbia has started preparing an energy development strategy until 2015, said Minister of Energy and Mining Radomir Naumov, adding that the strategy will mostly focus on domestic resources which are capable of securing 55 percent of the country’s energy needs.
Radomir Naumov
In an interview with the Beta news agency, Naumov said that the strategy calls for the Kostolac and Kolubara open pit mines to remain main coal suppliers for the country’s thermal power plants. Once coal reserves are assessed and the strategy completed, Serbia will decide whether it will build another thermal power plant of up to 800 MW, he went on to say, noting that state power utility EPS will decide where the power plant will be located.
The decision to build a new thermal power plant does not mean that Serbia has given up on its coal reserves in Kosovo, Naumov added, estimating lignite reserves in the province at between 14 billion and 16 billion tons, worth over $400 billion.
He stressed that the country has yet to secure around $10 billion in energy sector investment until 2015, and confirmed that underground mines will be overhauled as part of efforts to raise production.
The Minister also announced the construction of hydroelectric power plants on the Danube, Morava and Drina rivers, and noted that private investors will be allowed to build small hydroelectric power plants. According to him, this will give a strong boost to the engineering, electrical engineering and construction industries.
Unless Serbia secures the necessary investment, the household and corporate sectors could face lack of electricity and coal in the future, Naumov warned.
The decision to build a new thermal power plant does not mean that Serbia has given up on its coal reserves in Kosovo, Naumov added, estimating lignite reserves in the province at between 14 billion and 16 billion tons, worth over $400 billion.
He stressed that the country has yet to secure around $10 billion in energy sector investment until 2015, and confirmed that underground mines will be overhauled as part of efforts to raise production.
The Minister also announced the construction of hydroelectric power plants on the Danube, Morava and Drina rivers, and noted that private investors will be allowed to build small hydroelectric power plants. According to him, this will give a strong boost to the engineering, electrical engineering and construction industries.
Unless Serbia secures the necessary investment, the household and corporate sectors could face lack of electricity and coal in the future, Naumov warned.
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