Abstract

Paper presents the energy policy of the Republic of Serbia with special attention to the energy situation on the government controlled territory. South Serbian autonomous province of Kosovo and Metohija is under UN jurisdiction since the 1999 according to UNSC Resolution 1244. Renewable energy sources are rarely used in Serbia with exception of energy from hydropower plants, but in this sector priorities in geothermal and energy coming from biomass recently increased. In natural gas sector, Serbia has the deal with Russia for construction of South Stream gas-line through Serbia and for construction of the first underground storage in depleted gas reservoir in Banatski Dvor. In 2008, Serbia also sold 51% of the government founded petroleum industry – NIS which has exclusive monopoly for exploitation of crude oil. Serbian government has complete monopoly in electric power sector. Electric power infrastructure became technologically obsolete, and operative efficiency is at very low level. Serbia has not yet decided whether Serbian Electric Power Industry – EPS will be privatized. District heating sector mostly natural gas fuelled is highly inefficient and it is in jurisdiction of local municipalities but also has social component dictated by central government.