power system

Serbia’s Nuclear Energy Strategy and Power System Transformation by 2040

Serbia is set to revisit its approach to nuclear energy, a pivotal shift in its energy landscape that parallels the historical development of its lignite-hydro power complex. This move signifies more than just an addition of capacity; it represents a fundamental restructuring of the energy grid, reserve requirements, and market dynamics that will impact fiscal policies for decades to come. Currently, Serbia's electricity consumption ranges from 33 to 36 terawatt-hours annually, with peak winter demand nearing 7 gigawatts. The introduction…