Serbia Energy Information
Serbia Key Figures
GDP growth rate: 4.19 %/year
Energy independence: 67.8%
Data of the last year available: 2019
CO2 Emissions: 6.67 tCO2/capita
Rate of T&D power losses: 12.8%
* at purchasing power parity
View all macro and energy indicators in the Serbia energy report
Serbia Related News
View all news, archive your new and create your own daily newsletters only on your topics/countries of interest with Key Energy Intelligence
Serbia Related Research
Total Energy Consumption
Energy consumption per capita amounts to 2.2 toe (28% below the EU average in 2019), including 4 260 kWh of electricity (24% below the EU average, 2019).
Total energy consumption has declined by 1%/year since 2017, reaching to 15.3 Mtoe in 2019, after growth of 5.6%/year between 2014 and 2017. It declined by 3%/year between 2004 and 2014, reaching 13 Mtoe, its lowest level since 2000, mainly because of the 2014 floods that cut lignite consumption by 23% in 2014.
Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)
Interactive Chart Serbia Total Energy Consumption
Crude Oil Production
After a period of decline, crude oil production nearly doubled between 2008 and 2013 to 1.2 Mt following the acquisition of NIS by Gazprom. However, it has been declining since then, dipping by 4.8%/year to around 0.92 Mt in 2019. Production covered 27% of domestic oil supply in 2019. Oil fields are located in Vojvodine, in the north of the country.
Interactive Chart Serbia Crude Oil Production
Renewable in % Electricity Production
The National Action Plan for Renewable Energy (NREAP, 2013), set a target of 27% of renewables in the final energy consumption in 2020 (37% for electricity, 30% for heating and 10% for transport). However, Serbia is likely to miss its 2020 target, with only 21% in 2019 (of which 30% for electricity, 27% for heating, and 1.1% for transport).
Interactive Chart Serbia Share of Renewables in Electricity Production (incl hydro)
CO2 Fuel Combustion/CO2 Emissions
Serbia's Nationally Determined Contribution (NDC) aims at cutting GHG emissions by 9.8% in 2030, compared with 1990 levels (target including Kosovo with its coal-fired power plants). As GHG emissions already fell by 22% between 1990 and 2016, this would correspond to a 15% increase over the 2016 level.
CO2 emissions from energy combustion have remained relatively stable since 2015 (46 MtCO2 in 2019), after a decreasing trend over 2004-2013. They fell by 16% in 2014 due to the temporary suspension of coal-fired power generation due to floods.
Secured payment by