Serbia: Shake-up in the energy market – auctions for premiums, new foreign entrants in the gas market, and much more

The Serbian Ministry of Mining and Energy has opened a public debate on a set of draft energy laws intended to introduce substantial changes in the Serbian energy market.

The public debate is open until 9 February 2021 and relates to: (i) a draft of the new Law on Renewable Energy Sources; (ii) draft amendments to the Energy Law; (iii) a draft of the new Law on Energy Efficiency and the Rational Use of Energy; and (iv) draft amendments to the Law on Mining and Geological Research.

The draft laws and amendments include significant changes for market players, new incentives schemes for green energy, the potential for foreign entrants in the gas market, and much more.