How does the transition of Serbia's energy sector affect prices?
The transition of Serbia's energy sector, in the context of the implementation of a new energy strategy, takes place in the turbulent time, first due to changes in demand and the restructuring of global energy markets, and then due to a series of geopolitical challenges, leads to a sudden and uncertain increase in prices certain forms of energy.
What are the main goals of energy policy in Serbia?
The new geopolitics circumstances indicate that energy security improvement, achievement of maximally possible energy independence, and economic sustainability of energy systems remain the dominant goals in the energy policy of the Republic of Serbia.
Why is the energy sector important in Serbia?
The energy sector is the mainstay and support for the Republic of Serbia's overall economic and social development. Energy security, reliable and secure supply of adequate quantities and high-quality energy, and energy sources are the basic postulates of energy sector development.
What is the trend of energy use in Serbia?
The trend of changes in the use of energy sources in the Republic of Serbia from to is shown in Figure 1. There has been a slight decrease in the use of solid fossil fuels (coal) during this period.
Can Serbia accept high electricity prices from EU etc?
For the Republic of Serbia, the use of very high current prices (expected to go even higher) from the EU ETC in the near future is not acceptable, the reason being the buyers of electrical energy can’t accept high prices of electrical energy that will result from that.
How much energy does Serbia produce in ?
The production of primary energy in Serbia in amounted to 10.186 Mtoe8. The import of primary energy (including electricity) in amounted to 7.251 Mtoe. Imports ensure the necessary additional quantities of crude oil and petroleum derivatives, natural gas, and coal.
The first offer proposes a price of 106.14 euros per megawatt-hour until the end of , while the second contract offers a price of 101.9 euros per megawatt-hour until the end of .Business owners in Serbia are bracing for a rise in electricity prices, with new offers from Elektroprivreda Srbije (EPS) indicating an increase of 8 to 12 percent. The previous price of electricity for businesses was 94 euros per megawatt-hour, but EPS has now sent new contract proposals with
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The new geopolitics circumstances indicate that energy security improvement, achievement of maximally possible energy independence, and economic sustainability of energy systems
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