With a power score of 1.93, Serbia ranks number 61 among Emerging markets and number 8 in Europe.
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Serbia has a power score of 1.93, which puts it at rank 61 in the Emerging Markets power ranking. The power score of Serbia is lower than the average of 2.35 in Europe.
In the chart above all geographies within the region are arranged by power score from left to right. The circles are sized based on the population.
Serbia implements policies in 5/8 categories tracked by Climatescope; Renewable energy target, Auctions/tenders (utility-scale), Support for customer-sited generation (rooftop and self-consumption), REC'S - Renewable Energy Certificates, and Priority generation dispatch
The average electricity price in Serbia has increased from ~$162/MWh in 2023 to ~$164/MWh in 2024. Since 2019, the average electricity price in Serbia has fluctuated between ~$98/MWh in 2019 and ~$164/MWh in 2024.
The top amount of capacity installed in Serbia in 2024 was in Coal at 4.73GW.
The technology with the largest share of electricity generated in Serbia in 2024 was Coal at 26.4TWh, up from 23.53TWh in 2023.
Investment in clean energy in Serbia was around $378.59M in 2024. This amounts to a decrease of around 77% from $1.64Bn in 2023.
Which segments of the power sector are open to private participation?
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This is the 14th edition of Climatescope, BloombergNEF’s annual assessment of energy transition opportunities in emerging markets. It highlights how the energy transition is progressing in these markets and how they are harnessing the transition to boost attractiveness to outside investors.
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