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ENERGY SECURITY OF SERBIA

ENERGY SECURITY OF SERBIA

The primary task of the energy system of the Republic of Serbia is to provide safe and continuous access to energy resources at sustainable prices, respecting all the principles of a healthy environment. The modern and accelerated development of our society is based on the growing need for energy.

 


 

 

Our country understands the energy transition and green development as a new development revolution and a new model of growth, which only if guided by the partnership of all in society can result in high rates of economic growth.

Our vision is energy-safe and climate-neutral economic development of Serbia, as a regional leader in energy production.

When it comes to electricity, the current production of electricity is not enough for the required level of energy security in Serbia. For more than three decades, the Public Company "Electric Power Industry of Serbia" (PE EPS) has not built a single new plant for the production of electricity.

The infrastructure of the transmission system is also underdeveloped, which instead of strategically developing and creating the basis for connecting Serbia with the region, it often developed ad hoc, when it was necessary to satisfy the interests of certain groups.

The infrastructure of the distribution system is primarily outdated and insufficiently or not maintained at all, which is why both citizens and the economy in certain parts of Serbia suffer from frequent power outages.

In previous years, the publicly proclaimed national targets for the use of RES have not been achieved, nor have explanations been given for this failure. In addition, these are the goals to which Serbia has committed itself with its program in the process of negotiations for EU membership, but they are also goals that would enable far lower greenhouse gas emissions.

Serbia is gas dependent on imports, providing only 10% of its needs from domestic production, and everything else by imports from the Russian Federation. Increasing the degree of connection with neighboring markets and countries, construction of new underground storage facilities and expansion of existing ones, which would provide natural gas reserves, as well as development of distribution network, are the main problems and challenges in the segment of natural gas market supply in the Republic of Serbia. Diversification of routes and suppliers through interconnectors with neighboring countries and their gas pipeline systems would enable the supply of natural gas to the Serbian market from the Caspian Sea region, connecting to the Southern Gas Corridor, delivering natural gas from the Leviathan field in the Mediterranean, and connecting to LNG in Croatia and Greece.

The preliminary estimated value of confirmed reserves of mineral raw materials is € 150 billion, and with the included reserves of boron and lithium, as well as copper and gold deposits in "Cukaru Peki", this value exceeds € 250 billion.

In April 2021, Serbia changed the complete legislative framework in the field of energy and mining, in order to provide conditions for energy independence, as well as the need for further harmonization with the regulations of the Third Energy Package of EU energy legislation and certain provisions of the EU package - Clean Energy for all Europeans.

The Republic of Serbia has started drafting a national plan for energy and climate, which will define measures to reduce greenhouse gas emissions and set goals for increasing the share of RES, as well as increasing energy efficiency for 2030 with projections until 2050.

The world, but also Serbia, is approaching a crossroads that will determine whether our civilization has a future. Depending on what we do, how we plan, and above all whether we are or will be aware of the seriousness of the impact of climate change, and at the same time our need for further development, we will determine our own destiny - from total collapse to complete and sustainable, green economic, social and social development.

The Government of Serbia and the Ministry of Mining and Energy are committed to sustainable and green development and creating conditions for all generations to come, in the decades ahead. Changes have always taken place and the world has changed in the physical, technological, but also in the social and economic sense.

Our vision implies a high degree of energy independence, which will enable Serbia to be a minimally import-dependent country. Serbia can, and will work on that in the coming years, be completely self-sufficient in the production of the necessary amount of electricity from its own resources. In addition, Serbia will accelerate the formation of strategic reserves of all necessary energy sources.

Our goal is for all consumers in Serbia to have a secure and continuous supply of energy and energy products at favorable and acceptable prices. Therefore, all energy entities will have to adjust their production, transmission and distribution, respecting all environmental standards.

Changes cannot be stopped, they can be postponed, but the price that society and the economy would pay by postponing changes in the energy system would be far higher than if we set out on the path of change.

 

ENERGY  SECURITY OF THE REPUBLIC OF SERBIA.pdf