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Serbia, The increase of electricity price by up to 10 % is unavoidable

Serbian Minister of Mining and Energy Zorana Mihajlovic said that there will be no electricity restrictions in Serbia this winter, but the increase of electricity price by up to 10 % is unavoidable.

Minister Mihajlovic said that it would be ridiculous if Serbia, like any other country in Europe, did not have a crisis plan for any situation, be it electricity or gas, but electricity restriction are not included in any of the plans.

She said that Serbian electricity consumption rose to 92 million kWh on Saturday due to extremely high temperatures and 9 % of domestic consumption had to be covered via imports.

According to her, the question is not whether Serbia will have enough electricity or gas during the winter, but how much it will cost. Serbia already spent more than one billion euros on energy imports and much more will be needed. She said that, at the moment, Serbia imports between 6 and 12 % of its daily electricity demand, but this will increase during the winter months to between 20 and 30 %.

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