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Serbia Plan 15% Cut to Energy Consumption Over Winter

ENERGY

Serbia was the latest country yesterday to unveil plans to reduce energy consumption over the winter.

  • They plan to cut consumption by at least 15% until spring to try to avoid expensive imports.
  • Measures include lighting reduction by a third, turning down heating to 20 degrees Celsius as well as a faster switch to use renewables such as heat pumps and LED lighting. The plans are required due to high EU energy prices even though Serbia are still expected to receive about 70% of their gas from Russia next year.
  • The completion of a pipeline to Bulgaria in Sep23 will provide an alternative to Russian gas.
  • Serbia also has plans for pipelines to Romania, North Macedonia, Bosnia-Herzegovina and Croatia.
Energy BulletsCommodities
Energy BulletsCommodities

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