Market Intelligence
Civil Nuclear Power Serbia

Serbia Lifts Moratorium on Nuclear Energy Development

In November 2024, the Serbian Parliament passed the amendments to the Energy Law, lifting a 35-year ban on nuclear power plant construction. The amendments introduce a regulatory framework for nuclear energy production - covering safety standards, environmental considerations, and international best practices.  The amendments also envisage establishing a Directorate for Nuclear Energy Development and preparing a Peaceful Nuclear Energy Development Program in partnership with the International Atomic Energy Agency (IAEA) and European institutions.  Serbia aims to explore the deployment of small modular reactors (SMRs) with a target capacity of 1,200 MW. 


U.S. nuclear companies are well-positioned to export several key services and technologies to Serbia:

  • Nuclear Energy Development: Serbia is now actively seeking international partners to develop its nuclear energy sector.  U.S. companies can offer cutting-edge technology, safety expertise, and regulatory know-how.
     
  • Small Modular Reactors (SMRs): With a reported target capacity of 1,200 MW for SMRs, U.S. leaders in SMR technology are well-positioned to enter this emerging market.
     
  • Consulting Services: The establishment of a new Directorate for Nuclear Energy Development and the need for a Peaceful Nuclear Energy Development Program present opportunities for U.S. consultants to provide strategic guidance.
     
  • Safety and Regulatory Expertise: U.S. firms can leverage their experience with stringent safety standards and regulatory frameworks to assist Serbia in developing its nuclear energy infrastructure.
     
  • Training and Education: With Serbia rebuilding its nuclear expertise, there’s a significant opportunity for U.S. companies to provide training and educational services.


By engaging early and strategically, U.S. nuclear companies can position themselves as key partners in Serbia’s nuclear energy development, potentially gaining a competitive advantage in this emerging market.   


For additional information, please contact Boris Popovski: boris.popovski@trade.gov