Energy Reports

Serbia energy report

Serbia energy market analysis is derived from the most recent key economic indicators, supply and demand factors, oil & gas pricing trends and major energy issues and developments surrounding the energy industry. The analysis includes a comprehensive energy market report and updated Serbia energy market data.

Serbia energy report
Update: June, 2017
Format: 2 files (PDF report, Excel file)
Pages: 34 (Report only)
Delivery: Immediate by e-mail


Serbia energy market report offers an incisive and reliable overview of the energy sector in Serbia. With a focus on oil, gas, coal and power markets, the report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2015 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities.

  • Institutions & Energy Policy

    The energy policy is a prerogative of the Ministry of Mines and Energy. The Ministry has five main departments: electricity; oil and gas; energy efficiency and renewable energy sources; geology and mining; and European integration, international cooperation and project...

  • Energy Supply


    Serbia has small oil and gas reserves (around 80 mbl and 6 bcm, respectively, in 2016). The country has significant lignite reserves (7.1 Gt) and its hydroelectric potential is 27 TWh.

  • Energy Prices


    In 2011, the oil market was liberalised and oil retailers were allowed to set their prices. The prices of motor fuels more than doubled between 2000 and 2012; overall, they have been declining slightly since then (-8.6% for gasoline and -4.9% for diesel between 2012 and 2015).

    Despite the...

  • Energy Consumption

    Energy consumption per capita amounts to 2.1 toe (33% below the EU average), including 4 000 kWh of electricity (28% below the EU average) (2015).

    Total energy consumption has been declining by 2.8%/year since 2004, reaching 13 Mtoe in 2014, its lowest level since 2000 (2014 floods cut...

  • Issues & Prospects

    According to the Energy Strategy of the Republic of Serbia until 2025 with projections to 2030, the share of lignite in primary energy consumption should decrease but remain dominant, from 49% in 2015 to 40% in 2030. The share of oil should also decline, from 26% in 2015 to 23% in 2030, to the...

Download the Table of Contents

In the Serbia market report you will find the graphs mentioned below:

  • GRAPH 1: CO2-energy Emissions (MtCO2)
  • GRAPH 2: Installed electric capacity by source (2015, %)
  • GRAPH 3: Gross power production by source (TWh)
  • GRAPH 4: Power generation by source (2015, %)
  • GRAPH 5: Map of natural gas infrastructure
  • GRAPH 6: Gasoline & diesel prices (€/l)
  • GRAPH 7: Electricity prices for industry and households (€c/kWh)
  • GRAPH 8: Consumption trends by energy source (Mtoe)
  • GRAPH 9: Total consumption market share by energy (2015, %)
  • GRAPH 10: Final consumption market share by sector (2015, %)

In the Serbia market report you will find follow tables:

  • Economic Indicators: Annual historical data including population, GNP growth, imports & exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
  • Supply Indicators: Historical data including oil & gas reserves, electric & refining capacity, energy production, power production and external trade. All detailed by energy source.
  • Demand Indicators: Historical data includes consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source & sector, and, electricity consumption by sector.
  • Energy Balances: Unique tabular display of the overall energy industry balance per annum, also graphically displayed by energy sub-segment.

The Serbia market data since 1990 included in the Excel file is given below.
Historical evolution allows to easily work with the data.

2015 Key Data included in the excelsheet:

  • Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
  • Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
  • Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
  • Energy Balance: total and per energy.
  • Serbia Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Serbia energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).

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