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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessSerbia Plan 15% Cut to Energy Consumption Over Winter
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.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.