energy transformation

Reforming Serbia’s energy sector: Sustainability, efficiency and public interest

Despite electricity prices in Serbia being roughly three times lower than in the EU, this policy primarily benefits large consumers rather than low-income households. Low prices undermine Elektroprivreda Srbije (EPS) and increase the risk of transferring ownership to parties whose interests may not align with those of Serbian citizens. Targeted subsidies should focus on households with limited income, while others should pay market-based energy prices. Serbia remains heavily dependent on imported oil and natural gas. About 80% of natural gas…