Why does Serbia export more electricity than import?

Serbia’s electricity transmission network is integral to the regional energy market. Cross-border electricity exchanges are essential for energy security, stabilizing prices, and managing demand fluctuations. In 2023, Serbia exported more electricity than it imported, reflecting a 24% reduction in imports.

What is Serbia's Electricity sector?

In this blog, we’ll explore these areas and discuss Serbia’s electricity sector and its future. Serbia generates electricity through a mix of fossil fuels, hydropower, and renewable energy.

How does Serbia generate electricity?

Serbia generates electricity through a mix of fossil fuels, hydropower, and renewable energy. The AERS 2023 report states that Serbia produced 37.68 TWh of electricity in 2023, ensuring a steady supply despite challenges with energy efficiency and growing demand.

What is the main energy source in Serbia?

Coal remains the primary energy source in Serbia, particularly lignite, which is extensively mined and used for power generation. The country's energy infrastructure is heavily dependent on coal-fired power plants, which provide the bulk of its electricity supply.

How much electricity does Serbia produce in 2023?

The AERS 2023 report states that Serbia produced 37.68 TWh of electricity in 2023, ensuring a steady supply despite challenges with energy efficiency and growing demand. The majority of Serbia’s electricity production still relies on coal, especially lignite.

Why is price regulation important in Serbia's Electricity Market?

Price regulation remains essential in Serbia’s electricity market. The AERS 2023 report explains how the government manages electricity prices to protect households and small businesses. While residential consumers benefit from regulated prices, industrial consumers face market-based pricing.