Serbia has maintained a high position in the Energy Community Secretariat’s Annual Implementation Report 2025, following last year’s second-place finish, thanks to significant progress in decarbonization and electricity market reforms.
Moldova once again topped the ranking, securing first place for the second consecutive year with an overall implementation score of 74%. During the reporting period, Serbia and North Macedonia stood out as the countries demonstrating the strongest reform momentum. At the same time, disparities within the Energy Community widened, with the gap between the best and worst performers reaching 48%. Albania and Georgia showed largely stable performance with limited progress in specific areas, while Bosnia and Herzegovina and Kosovo recorded declines due to insufficient advances in decarbonization and market reforms. Montenegro made a meaningful step forward by adopting a new Energy Law, though it has not yet fully transposed the Energy Community Implementation Package.
Apart from Moldova and Serbia, no other contracting party achieved measurable progress in environmental protection. Governance performance improved slightly across most countries, while Bosnia and Herzegovina and Ukraine experienced a modest deterioration. The report evaluates nine contracting parties—Albania, Bosnia and Herzegovina, Georgia, North Macedonia, Moldova, Montenegro, Serbia, Ukraine, and Kosovo—across five pillars: market development and integration, energy sector decarbonization, security of supply, environmental protection, and governance, covering the period from November 2024 to October 2025.
Serbia delivered its strongest results in the decarbonization pillar, which measures alignment with EU energy and climate legislation and the broader objective of creating an integrated regional energy market, achieving 83% implementation, slightly ahead of the governance cluster.
However, the report highlights the need for further efforts, particularly in environmental protection, where Serbia has implemented 58% of recommended measures. The weakest performance was observed in energy security, with an implementation score of 35%.
Key recommendations from the Energy Community Secretariat include strengthening practical implementation following the transposition of EU regulations on risk preparedness and electricity system operation.
