How much electricity is consumed in Serbia in 2022?

Traded volumes on the day-ahead market were increasing and resulted in 10,5 TWh in 2022. This amounts to over 30% of final electricity consumption. The state-owned company producer and supplier Elektroprivreda Srbije (EPS) continues to be a dominant player in the Serbian electricity market.

Will EPs be deregulated in Serbia?

EPS continues to satisfy nearly all consumption in Serbia. A Government’s recommendation on maximum retail prices of EPS at the outset of the energy crisis in 2021 led to consumers switching back to EPS. AERS’s reports for 2022 repeatedly concluded that deregulation of prices for universal service would be premature.

When is the intraday electricity market launched in Serbia?

The intraday electricity market was launched in July 2023. Serbia should focus on the transposition and imple-mentation of the Electricity Integration Package as a precondi-tion for the coupling of its short-term markets.

What should Serbia do with the electricity integration package?

Serbia should focus on the transposition and imple-mentation of the Electricity Integration Package as a precondi-tion for the coupling of its short-term markets. Serbia should certify the gas transmission and storage operators, grant third party access at the interconnection points, and remove any other obstacles to new market entrants.

What is the legal setup of the Energy Agency of Serbia?

The legal setup governing the Energy Agency of the Republic of Serbia (AERS) is largely in line with the Energy Community legislation. However, the autonomy of the management related to internal organization and the use of the annual budget is limited by the requirement of the Parliament to adopt statutes and hire additional staff.

Should Serbia transpose the security of gas supply and storage regulations?

Serbia should transpose the Security of Gas Supply and the Storage Regulations. Regulation (EU) 2019/941 on Risk-preparedness in the Electricity Sector should be transposed and its implementation should start with the designation of a competent authority. Serbia made moderate progress in the area of environment.