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Romania and Serbia Strengthen Energy Partnership with Djerdap 3 Hydropower Project Agreement
๐Ÿ‡ท๐Ÿ‡ด Romania /Energy & Infrastructure

Romania and Serbia Strengthen Energy Partnership with Djerdap 3 Hydropower Project Agreement

From Adevฤƒrul · () Romanian

Translated from Romanian, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • Romania and Serbia signed a Memorandum of Understanding to cooperate on the Djerdap 3 pumped-storage hydropower plant project.
  • The agreement aims to enhance energy security for both nations through joint energy projects.
  • The collaboration builds on a long history of energy cooperation, including the existing Iron Gates I and II plants.

Romania and Serbia have taken a significant step toward closer energy cooperation by signing a Memorandum of Understanding for the Djerdap 3 pumped-storage hydropower plant project. The agreement was formalized on July 16 by Romanian Prime Minister Ilie Bolojan and Serbian Minister of Mining and Energy Dubravka ฤedoviฤ‡ Handanoviฤ‡.

The memorandum establishes a framework for information exchange and evaluation of the project's impact and benefits. Both nations aim to bolster their energy security by developing joint projects. Prime Minister Bolojan emphasized Romania's desire for enhanced cooperation, citing shared infrastructure, common interests, and similar energy challenges.

Romania and Serbia have a long history of cooperation in the energy sector. The Iron Gates I and II are projects built together, operating for decades and important for both countries. Today, we open the discussion about a possible new project. For Romania, it is important that its development is compatible with the operation and energy production from Iron Gates I and II, ensures the protection of riparian areas in Romania and Bulgaria, and takes into account navigation on the Danube.

โ€” Ilie BolojanThe Romanian Prime Minister highlighted the historical energy cooperation and the importance of integrating the new Djerdap 3 project with existing infrastructure and environmental considerations.

"Romania and Serbia have a long history of cooperation in the energy sector. The Iron Gates I and II are projects built together, operating for decades and important for both countries," Bolojan stated. He stressed the importance of the new project's compatibility with the existing plants, protection of riparian areas in Romania and Bulgaria, and consideration for Danube navigation.

Minister ฤedoviฤ‡ Handanoviฤ‡ described Djerdap 3 as Serbia's largest current energy project, promising substantial benefits including significant electricity storage capacity, improved grid balancing, integration of cleaner energy sources, and enhanced grid stability. She expressed conviction that the signed document marks a crucial advancement in a partnership spanning over six decades.

I am convinced that the document signed today represents an important step forward in continuing a partnership that has lasted for over six decades.

โ€” Dubravka ฤedoviฤ‡ Handanoviฤ‡The Serbian Minister of Mining and Energy emphasized the long-standing bilateral relationship and the significance of the new agreement.
DistantNews Editorial

Originally published by Adevฤƒrul in Romanian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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