Index rank 106

Balance Score


Energy Sustainability Index Rankings and Balance Score

 2011  2012  2013  Trend Score
Energy Performance  107  100  110   
Energy Security  93  81  101  D
Energy Equity  67  68  65  C
Environmental Sustainability  119  120  118  D
Contextual Performance  84  81  85   
Political Strength  81  74  74   
Societal Strength  61  59  59   
Economic Strength  118  107  118   
Overall Rank  106  100  106  CDD
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Fossil Fuel Reserves

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Key Metrics

Industrial sector (% of GDP) 18.6
TPEP / TPEC  (net energy importer) 0.72
Emission intensity (kg CO2 per USD) 0.71
Energy affordability (USD per kWh) n.a.
GDP / capita (PPP, USD); GDP Group 10,405 (III)
Energy intensity (million BTU per USD) 0.23
CO2 emissions (metric tons CO2 per capita) 6.92
Population Access to Electricity (%) 100.0
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Index Commentary

Serbia falls seven places in the Index, down to rank 106, largely due to a drop in energy security. As Serbia, has developed economically, its efforts to maximise energy equity and provide its people with affordable, quality energy has come at the cost of environmental sustainability, resulting in an imbalance between the various sides of the energy trilemma. Apart from slightly reduced oil reserves, Serbia’s absolute performance on the indicators of energy security remains largely unchanged, and low across-the-board. This indicats that Serbia’s lower energy security ranking is probably due to outperformance on this dimension by other countries. Serbia’s performance on the energy equity dimension improves slightly, and continues to be the country’s strongest. Despite an energy mix that is one-third hydro power, Serbia’s large environmental footprint remains a serious challenge. It has extremely high, although gradually improving, levels of CO2 emissions from electricity generation, and continuing problems with air and water pollution. Regarding its contextual performance, Serbia’s political and societal indicators improve, while economic strength weakens due to decreasing macroeconomic stability.

Trends and Outlook

In the last few years considerable investments have been made in the energy sector, transportation system, and waste management. For example, in electrostatic precipitators, and new slug and ash removal systems.)

The recent energy policy developments include: 1) implementation of new energy policy, which further opens the energy market and meets the requirements of the South Eastern Europe Energy Treaty; 2) new standards for energy efficiency, including the building sector, are in force meeting EU regulation; and 3) implementation of a feed-in-tariff scheme two years ago. These developments are expected to have a positive impact especially on the energy security and environmental sustainability dimension.

Key issues policymakers need to focus on are: 1) adopt the new energy sector development strategy until 2030 with a clear vision for how the sector and the energy mix should develop until 2050; 2) meet the obligation from the South Eastern Europe Energy Treaty to open the energy market fully by 2015; 3) implement flue gas desulphurisation in all power plants by 2017; 4) meet EU biofuel targets for the transportation sector; and 5) establish a fund under the new law on rational use of energy, which will support energy efficiency and renewable energy projects, complementing the existing fund under the environmental policy.