The Potential of Massive PV Installation in Serbia
Abstract
Paris climate agreement, adopted in December 2015, recognizes the need to revise voluntary submitted Intended National Determined Contribution (INDC) in order to limit global warming to 2°C. With the objective to propose the improvement of Serbian INDC we investigate the technical potential of massive installation of residential solar PV roof top systems and utility scale solar PV power plants. Our research shows that solar may substitute around 81% of all electricity produced from coal and hydro. Thus, solar should be considered as a significant source of energy in future Serbian energy mix.
Keywords
Serbia, Low carbon economy, Long term transition, Solar, Photovoltaic, Technical potential, Financial aspects