Elektrane (2025) [pp. 424-435]
AUTHOR(S) / АУТОР(И): Jelena Milosavljević, Ljiljana Mitrušić
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DOI: https://doi.org/10.46793/EEP25.424M
ABSTRACT / САЖЕТАК:
The paper examines financing options for EPS’s energy investments through the Western Balkans Investment Framework (WBIF) as a blended EU instrument. It presents EPS project cases—Kostolac Wind Farm, Vlasina HPP rehabilitation, Kolubara A and Morava solar plants, HPP Potpec and HPP Bistrica —and analyses benefits, risks and the timeline from application to grant decision.
The structure of the WBIF application form is outlined, including the prerequisite of having at least one participating international financial institution (EIB, EBRD, KfW, etc.) interested in co‑financing the project. The paper proposes the use of artificial intelligence to accelerate the preparation of regulatory and standardised sections. Examples from Serbia and the region are included to contextualise EPS within a broader WBIF portfolio. We conclude that WBIF does not only provide funding; it strengthens institutional capacity, accelerates compliance with EU standards and supports timely investment decisions.
KEYWORDS / КЉУЧНЕ РЕЧИ:
WBIF, EPS, investments, energy transition, EU funds
ACKNOWLEDGEMENT / ПРОЈЕКАТ:
REFERENCES / ЛИТЕРАТУРA:
[1] United Nations Framework Convention on Climate Change (UNFCCC). Paris Agreement. Adoption of the Paris Agreement, FCCC/CP/2015/L.9/Rev.1, Paris, 2015.
[2] Council of the European Union. (2018). “Sofia Declaration.” EU–Western Balkans Summit, Sofia, 17 May 2018.
[3] Ministarstvo zaštite životne sredine Republike Srbije (2022). „Prvi Nacionalno utvrđeni doprinos Republike Srbije (NDC) za period 2021–2030.“ Vlada Republike Srbije, Beograd. (Dostupno na: https://www.klimatskepromene.rs/wp-content/uploads/2022/08/NDC-Republika-Srbija-2022.pdf, pristupljeno oktobar 2025)
[4] European Commission (2025). CBAM: new Commission proposal will simplify and strengthen the Carbon Border Adjustment Mechanism. Brussels: European Commission. (dostupno na: https://taxation-customs.ec.europa.eu/news/cbam-new-commission-proposal-will-simplify-andstrengthen-2025-02-26_en , pristupljeno: februar 2025).
[5] WBIF Official Portal: www.wbif.eu (pristuplјeno oktobar 2025)
[6] Western Balkans Investment Framework (WBIF). “About WBIF.” European Commission &International Financial Institutions, WBIF Official Website. ( https://www.wbif.eu/about/ , pristupljeno oktobar 2025)
[7] Investicioni okvir za Zapadni Balkan (Western Balkans Investment Framework – WBIF) (https://www.mei.gov.rs/srp/fondovi/isdakon/fondovi-evropske-unije/ipa-instrument-zapretpristupnu-pomoc/investicioni-okvir-za-zapadni-balkan-western-balkans-investmentframework-wbif/?utm_source=chatgpt.com, pristuplјeno oktobar 2025)