Serbia Ends 35-Year Nuclear Power Ban for Energy Transition

Serbia’s parliament has voted to end its long-standing moratorium on nuclear power development. The decision, announced by Energy Minister Dubravka Djedovic Handanovic, overturns restrictions that had been in place since the aftermath of the 1986 Chernobyl disaster.

The ban was originally implemented by former Yugoslavia, which had suspended its nuclear program and shut down its sole research reactor near Belgrade. This latest move comes as Serbia faces pressure to decarbonize its energy sector, particularly with the European Union’s 2050 deadline to phase out coal power.

Currently, Serbia heavily depends on coal for its energy needs, contributing to severe air pollution that has made its capital, Belgrade, one of the most polluted cities during winter months. However, the transition to nuclear power is expected to be a complex undertaking. According to a recent government study, establishing a new nuclear facility could take up to two decades.

In March, President Aleksandar Vučić announced at the Nuclear Energy Summit in Brussels the country’s plans to develop 1.2GW of nuclear capacity using small modular reactors. The ambitious project faces several challenges, including an estimated €8 billion price tag and the need for international support.

“Today it is important that we understand how far behind we are and how we made wrong decisions in the previous 35 and 40 years. The importance attached to this summit indicates to us how much electricity we will lack in the future. To simplify, without nuclear energy we will not be able to survive the arrival of artificial intelligence or electric cars,” he said at the Nuclear Energy Summit.

Currently, Serbia heavily depends on coal for its energy needs, contributing to severe air pollution in Belgrade. While the country faces EU pressure to phase out coal by 2050, the transition to nuclear power is expected to be complex. Government studies suggest establishing new nuclear facilities could take up to two decades.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

The $30,000 Gold Case Just Got Stronger | Simon Marcotte

Why Silver’s Move Is ‘Scary’ to Some Miners | Frank Basa

Are Commodities Entering a Generational Cycle? | Terry Lynch

Recommended

Antimony Resources Ramps Up Drilling As It Hires SRK For Maiden Resource Estimate

McLaren Resources: Strategic Exploration in the Heart of the Timmins Gold District

Related News

US Moves Again To Boost Local Nuclear Industry

The Biden administration has announced steps to bolster the domestic nuclear industry and advance America’s...

Thursday, May 30, 2024, 02:40:00 PM

Return to Nuclear Power: Japan Moves to Maximize Facilities and Expand Workforce

Japan has started taking steps toward its u-turn on nuclear power, reversing policies established after...

Thursday, February 16, 2023, 07:41:00 AM

Energy Department Selects 11 Companies for Nuclear Reactor Pilot Program

Eleven advanced nuclear reactor projects have been chosen for President Donald Trump’s accelerated testing initiative,...

Wednesday, August 13, 2025, 02:57:00 PM

Ontario Begins Construction of First G7 Small Modular Reactor

The Ontario government has approved Ontario Power Generation‘s plan to begin construction on the first...

Friday, May 9, 2025, 04:10:00 PM

Ukraine To Use American Technology To Build More Nuclear Power Plants In 2024

Ukraine’s Energy Minister, Herman Halushchenko, announced on January 21 that the country will begin the...

Tuesday, January 23, 2024, 03:18:00 PM