Electricity

Belgrade and Prishtina plan joint power plant with lithium ion battery storage

Serbia Kosovo power plant lithium ion battery storage

Photo: Berat Rukiqi (pictured left) and Marko Čadež (right) in front of US envoy Richard Grenell

Published

September 23, 2020

Country

,

Comments

comments icon

0

Share

Published:

September 23, 2020

Country:

,

Comments:

comments icon

0

Share

The Chamber of Commerce and Industry of Serbia and Kosovo Chamber of Commerce said they would establish an economic cooperation team to contribute to upcoming projects in energy, sustainable tourism, infrastructure and transportation. One of the fields of joint work is sustainable energy and diversification and support for a future power plant in the region that would use lithium ion electricity storage.

The United States International Development Finance Corporation (DFC) set up an office in Belgrade. The chambers of commerce of Serbia and Kosovo* used the occasion to vow to help the development of the Western Balkans in the economic, social and political sphere and announced a joint group would support plans for a power plant in the region that would install an energy storage facility.

The efforts for the normalization of relations between the two sides include the production and diversification of sustainable energy and research and exploitation of lithium, to be used for the batteries in the facility, and different valuable ores, the statement adds. Rio Tinto is exploring a lithium reserve in Serbia’s Jadar area.

One group tasked with sustainable agritourism

A new economic cooperation team will provide assistance to the governments, business community, DFC, US Export-Import Bank, US and European Union institutions and all participants in the processes, according to the announcement. It should be involved in developing infrastructure and transportation as well.

PKS President Marko Čadež and his counterpart from KCC Berat Rukiqi signed the statement

A group for agritourism will be tasked with considering possibilities for sustainable tourism making use of local destinations like the mountains of Kopaonik and Brezovica and the Rugova canyon, the Chamber of Commerce and Industry of Serbia (PKS) and Kosovo Chamber of Commerce (KCC) said. Their presidents Marko Čadež and Berat Rukiqi signed the statement.

Cooperation includes burning waste for energy

A team for infrastructure development should contribute to the construction of a highway between Niš and Prishtina, the reconstruction of railway lines and links with ports in the Adriatic Sea, they added. PKS and KCC highlighted the potential for industrial zones and said technology would be obtained for producing energy from waste and other endeavors.

Executive Director of the American Chamber of Commerce in Kosovo Arian Zeka told Radio Free Europe said the two sides discussed the possibility to use liquefied natural gas or LNG.

Serbia and Kosovo* signed an agreement in Washington DC earlier this month to normalize economic relations, but a power plant and energy storage weren’t mentioned in particular. The deal was brokered by the United States.

* This designation is without prejudice to positions on status and is in line with UNSCR 1244/99 and the ICJ Opinion on the Kosovo declaration of independence.
Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Petrol obtains financing EV charging network Slovenia Croatia

Petrol obtains financing for EV charging network in Slovenia, Croatia

15 July 2024 - Slovenia-based Petrol is about to install electric vehicle charging points in 35 locations in its home market and in Croatia.

Green for Growth Fund financial impact targets 2023

Green for Growth Fund tops its financial, impact targets in 2023

15 July 2024 - The Green for Growth Fund kept mitigating climate change and promoting sustainable economic growth last year in its 18 markets

Energy permit not needed for power plants under 1 MW in BiH

15 July 2024 - The Ministry of Energy, Mining and Industry has adopted the rulebook on issuing energy permits and it entered into force on July 6

koncar croatia siemens energy

Končar, Siemens Energy launch new joint venture

15 July 2024 - Croatia’s firm Končar and Siemens Energy have signed a joint venture agreement on the establishment of the Končar - Transformer Tanks