Serbia electricity consumption

,。 1893106,。 1900,Pod gradom Đetinja。Vučje17。 1909,GamzigradNišSveta Petka…
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,。 1893106,。 1900,Pod gradom Đetinja。Vučje17。 1909,GamzigradNišSveta Petka

Electricity can be generated in two main ways: by harnessing the heat from burning fuels or nuclear reactions in the form of steam (thermal power) or by capturing the energy of natural forces such as the sun, wind or moving water.

Electricity production tends to closely match demand, which in turn is driven by economic and population growth and changes to the structure of the economy.

Unlike other energy commodities such as coal, oil and natural gas, electricity trade between countries is relatively limited as it is more technically complex and requires a direct cross-border interconnection. Such connections can help to balance out supply and demand across regions, which will be increasingly important as variable renewables like solar and wind make up a larger share of electricity generation.

Power generation, which includes electricity and heat, is one of the largest sources of CO2 emissions globally, primarily from the burning of fossil fuels like coal and natural gas in thermal power plants.

Growth in electricity demand has slowed down or even reversed in many advanced economies due to energy efficiency efforts and the shift towards less energy-intensive forms of economic activity, such as services. But it is still growing rapidly in many emerging market and developing countries, especially those where a significant fraction of the population still lacks access to electricity.

Electricity is primarily used for heating, cooling, lighting, cooking and to power devices, appliances and industrial equipment. Further electrification of end-uses, especially transportation, in conjunction with the decarbonisation of electricity generation, is an important pillar of clean energy transitions.

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Serbia Total Energy Consumption

Energy consumption per capita amounts to 2.5 toe (14% below the EU average in 2022), including 4 500kWh of electricity (19% below the EU average, 2022).

Total energy consumption has been increasing by 3.5%/year since 2019, with a 5% increase in 2022 to 17Mtoe. It declined by 3%/year between 2004 and 2014 to 13 Mtoe, mainly because of the 2014 floods that cut lignite consumption by 23%.

Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)

View the detailed fondamentals of the market at country level (graphs, tables, analysis) in the Serbia energy report

Serbia Crude Oil Production

Crude oil production has been declining by 3.9%/year since 2013 (-30%), reaching 0.87 Mt in 2022; according to preliminary estimates, it grew by around 1% in 2023. It nearly doubled between 2008 and 2013 following the acquisition of NIS by Gazprom. Production covered 20% of domestic oil supply in 2022. Oil fields are located in Vojvodine, in the north of the country.

Additionally, for more detailed information on refineries, you can request a sample of our EMEA Refineries Dataset

Serbia 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). Serbia missed this target by 1 point, with a share of 26% in 2020; in 2022, this share dipped below 25% (30% for electricity, 35% for heating, and 0.6% for transport). The 27% target has been postponed to 2025.

About Serbia electricity consumption

About Serbia electricity consumption

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