Report on Necessity of Price Regulation and Supply of the Last Resort​​​​​​​

Article 88 of the Energy Law (“Official Gazette of RS”, No. 145/14) prescribes that, among other prices, prices that can be regulated include prices of electricity meant for guaranteed supply and prices of capacity reserve for secondary and tertiary control system services. The Energy Agency of the Republic of Serbia (Agency) analyses the necessity of regulation of these prices once a year based on the following:

  • level of competitiveness reached in the local electricity market;
  • reached level of protection of energy-wise vulnerable customers;
  • regional electricity market development and
  • assessment of available cross-border capacity.

and prepares and publishes a report on necessity of further regulation of these prices. In addition to this, Article 194 of the Energy Law prescribes that the Agency assesses the necessity of further supply of the last resort and its impact on market competition once a year and prepares a report on this.


Decisions and reports on the necessity of regulation of electricity prices and of the supply of the last resort are available on the following link.

News
AERS: Approval of the EMS AD Transmission Network Code

Belgrade, 26 December 2025

On the session held on 25 December 2025, the Council of the Energy Agency of the Republic of Serbia has adopted a decision granting approval to the Transmission Network Code prepared by the transmission system operator of the Republic of Serbia, EMS AD.

The main reason for adopting the new Transmission Network Code is alignment with the new Energy Law of November 2024, the Decree on the Conditions of Electricity Delivery and Supply, as well as harmonization with European network codes (adapted EU regulations) that have been transposed into the legislative framework of the Republic of Serbia.


AERS: Approval of the Electricity Market Code

Belgrade, 26 December 2025

On the session held on 25 December 2025, the Council of the Energy Agency of the Republic of Serbia has adopted a decision granting approval to the amendments to the Electricity Market Code prepared by the transmission system operator of the Republic of Serbia, EMS AD.

The main reason for adopting the new Electricity Market Code is alignment with the new legislative framework, as well as the improvement of processes and the elimination of shortcomings recognised in previous practice.


Approval of the EMS AD Transmission System Development Plan for the Period 2025–2034 and the Investment Plan for the Period 2025–2027

Belgrade, 18 December 2025

The Council of the Energy Agency of the Republic of Serbia has adopted decisions granting approval to the Transmission System Development Plan for the period 2025–2034 and the Investment Plan in the transmission system for the period 2025–2027, adopted by the Joint Stock Company “Elektromreža Srbije,” acting as the transmission system operator.

The Ten-year Transmission System Development Plan was prepared in accordance with the Energy Law and the Energy Development Strategy of the Republic of Serbia until 2040, with projections until 2050, as well as with the Integrated National Energy and Climate Plan.


Approval of Operational Limitations for Facilities Connecting to the Transmission System

Belgrade, 12 December 2025

On the session held on 11 December 2025, upon the request of the Joint Stock Company “Elektromreža Srbije,” the transmission system operator, the Council of the Energy Agency of the Republic of Serbia has adopted decisions approving operational limitations for battery energy storage facilities connecting to the transmission system. The Energy Law stipulates that the transmission system operator may offer a connection subject to operational limitations to an applicant for connection, provided that such limitations are approved by the Agency.


Approval of the Rules Governing the Procedure and Method for the Transmission Capacity Allocation at the Border Between Bidding Zones

Belgrade, 5 December 2025

On the session held on 4 December, the Council of the Energy Agency of the Republic of Serbia has granted its approval to the rules governing the procedure and method for the transmission capacity allocation at the border between the bidding zones of the transmission system operator of the Republic of Serbia, EMS AD, and the transmission system operators of North Macedonia (MEPSO), Romania (Transelectrica), Hungary (MAVIR), Bulgaria (ESO), Croatia (HOPS) and Montenegro (CGES) for 2026. 


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