• Ana S Trbović, Faculty of Economics, Finance and Administration Singidunum University, Belgrade,, Serbia

Renewable Energy Policy in the Framework of Serbia’s EU Accession Process

  • Renewable energy policy development in Serbia has been initiated as part of government efforts to achieve sustainable economic development and global, and especially European Union market integration, following transition to a democratic regime in late 2000. Renewable energy policy is a relatively new government undertaking not only in Serbia but also worldwide. Policies to promote renewable energy existed in a few countries in the 1980s, becoming internationally popular in late 1990s, and receiving an impetus during 2005-2010, especially in Europe. The European Union’s first White Paper setting out a Community Strategy and Action Plan for renewable energy was published in 1997, and developed into two directives in 2001 and 2003, respectively, promoting production of electricity from renewable energy sources and the use of biofuels or other renewable fuels for transport (updated by Directive 2009/28/EC). The real momentum was created by adoption of the Renewable Energy Roadmap and a binding target to source 20% of the bloc’s energy needs from renewable sources by 2020 in 2007, which led to the Renewables Directive in 2009 and commitment for EU member states to adopt National Renewable Energy Action Plans by July 2010. As an aspiring EU member, Serbia has joined the EU renewable energy policy initiatives by becoming a party to the EU-South East Europe Energy Treaty in 2005. It is in compliance with this treaty and relevant EU standards that Serbia adopted a Decree on incentives for producing electricity from renewable sources, which defined stimulating feed-in tariffs, in 2009. Serbia is also a founding member of the recently established International Renewable Energy Agency (IRENA), and part of United Nation’s initiatives in this area. As a result of introduced and planned policy measures, significant investments are expected in the renewable energy sector in Serbia, creating so-called green jobs and facilitating a more sustainable economic development. This article reviews and analyzes the renewable energy policy developments in Serbia and the relevant policies and trends in the European Union and internationally. Importantly, the article concludes that energy efficiency may be an even more important target for Serbia since hydro energy is already a major source of renewable energy, contributing significantly to environmentally friendly energy policy in Europe.
  • Keywords
    renewable energy, policy, Serbia, European Union, sustainable development
  • Pages
    175 - 189
  • Submitted
    05/23/2012
  • Revised
    07/26/2012
  • Accepted
    11/21/2012
  • BIBLID
    0350-218X, 38 (2012), 2, 175-189
  • References
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